About 0 Railroad Ave
116,800+/- sq. ft. Industrial Complex on 7.93+/- acres in Federalsburg, MD
Industrial space for lease from 20,000 sq.ft. to 93,000 sq.ft.
This is a prime opportunity to acquire a three-building complex zoned ID-2, offering a mix of industrial warehouse and office space. The property is ideal for an owner-occupant or as an investment, with strong potential for rental income. Property is available for sale at $4,400,000 or lease starting at $4.00 per sq.ft.
IMPROVEMENTS:
• Office–Manufacturing–Warehouse facility.
• 116,740 square foot total building area.
• The property consists of 3 structures.
Structure 1: Approximately 93,340 square feet
This is the original building with some smaller associated outbuildings. This section comprises the two front office sections labeled “Building 1” and Building 2” on the floor plans. These are connected at the rear to a variety of large manufacturing and warehousing areas. The ceiling height is approximately 30 feet at the roof line in most of the larger warehouse sections. There are also compressed air-lines serving these spaces but most of the compressors have been removed. This section contains a warehouse section leased to Glacier Point Enterprises, Inc.
Structure 2: Approximately 23,400 square feet - Under lease
Structure 3: Garage
Additional Property Details:
Parking lot:
• Truck/Trailer Parking Spaces: 6+/-
• Car Parking Spaces: 50+/-
• Total Parking Spaces: 56+/-
Infrastructure
• ELECTRICAL INFRASTRUCTURE: The property is served by Delmarva Power. There are multiple electrical panels on site serving the various buildings and manufacturing areas. The primary industrial panels are 3 Phase 480/277 Volt - 1.200, 800, & 600 AMP services.
• DATA INFRASTRUCTURE: Dedicated Fiber connection up to 10 gigs per second. Current contracted service level 100 megabits up and down. Contact Comcast Business Account Manager• NATURAL GAS: A natural gas connection is provided from the street. Chesapeake Utilities is the utility provider. There is a large propane tank in the rear, but it has not been used for many years.
• WATER AND SEWER INFRASTRUCTURE: Pending receipt of data from Federalsburg Public Works for size of service connection from the street.
ROOF STATUS: The original building (Property Component 1) had a completely new roof installed in 2021 at a cost of $955,000. A detailed description of the work completed is available upon request.
ENVIRONMENTAL STATUS: Property has had a Phase 1 and Phase 2 Survey completed which was reviewed by the MDE (Maryland Department of the Environment). They have issued a letter of satisfaction with the property’s environmental condition dated 7/11/2023, which is available for review in the documents section
Zoning: ID-2
• Purpose: "The purpose of this district is to provide for a wide variety of light manufacturing, fabricating, processing, wholesale distributing and warehousing uses appropriately located for access by major thorough fares or railroads. New residential development is excluded."
• Permitted uses:
"A building or land shall be used only for the following purposes, consisting of general industrial, warehousing, and storage uses,".
