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5745 Main St 3,688 SF 75% Leased Retail Building Rock Hall, MD 21661 $475,000 ($128.80/SF)
INVESTMENT HIGHLIGHTS
- Anchor location at major intersection
- Renovated, historic building
- Popular tourist town with heavy seasonal traffic
EXECUTIVE SUMMARY
4-Unit property for investor or owner-user. Mixed-use retail, office and 2 apartments. 3 units are currently leased. Busy corner lot property in popular Eastern Neck town of Rock Hall.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$3,025
|
$0.82
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$3,025
|
$0.82
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $3,025 |
| Annual Per SF | $0.82 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $3,025 |
| Annual Per SF | $0.82 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,688 SF
Building Class
B
Year Built
1890
Price
$475,000
Price Per SF
$128.80
Percent Leased
75%
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
10’
Building FAR
0.34
Lot Size
0.25 AC
Zoning
C3 - C-3 Town Center Zoning District
Parking
5 Spaces (1.36 Spaces per 1,000 SF Leased)
Frontage
38’ on Rock Hall Rd
AMENITIES
- Tenant Controlled HVAC
- Air Conditioning
TRAFFIC
| COLLECTION STREET | CROSS STREET | TRAFFIC VOLUME | YEAR | Distance |
|---|---|---|---|---|
| Main Street | W Sharp St, S | 2,405 | 2025 | 0.03 mi |
| Main St | W Sharp St, S | 2,416 | 2024 | 0.06 mi |
| Main St | Catholic Ave, SE | 1,441 | 2025 | 0.16 mi |
| E Sharp St | - | 891 | 2023 | 0.20 mi |
| Main St | Haven Rd, S | 1,583 | 2018 | 0.41 mi |
| Sharp Street | Pine Ln, NE | 956 | 2025 | 0.45 mi |
| Rock Hall Avenue | - | 4,276 | 2025 | 0.57 mi |
| Main Street | Anderson Ave, NW | 1,132 | 2025 | 0.62 mi |
| MD 445 | - | 956 | 2023 | 1.09 mi |
| MD 445 | Carter Ave, SE | 7,960 | 2025 | 1.09 mi |
PROPERTY TAXES
| Parcel Number | 05-023017 | Improvements Assessment | $91,700 |
| Land Assessment | $122,100 | Total Assessment | $213,800 |
PROPERTY TAXES
Parcel Number
05-023017
Land Assessment
$122,100
Improvements Assessment
$91,700
Total Assessment
$213,800
MAP
ADDITIONAL PHOTOS
Building Photo
Building Photo