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PRICE $225,000 dsIDX morgage calculator
SIZE 1,142 sqft
LOT SIZE 7,406 sqft

Located at the corner of Allen Dr & Leonard Ln in the Northwood Industrial park. This property consists of 4 parcels two of which have residential rentals on them, all are Zoned I-2 Heavy Industrial in Wicomico County. "2302 Allen Dr." - 1,142 SF | Rent = $400 per/month, (Verbal month too month lease) & "2306. Allen Dr." - 996 SF | Rent = $1,250 per/month, (1 year lease, Expires on 6/30/2026) This is a Prime opportunity for a residential Flipper or investor looking for some value add, or a commercial user that wants to take advantage of the I-2 Heavy Industrial zoning and or the Location of the Northwood Industrial Park. We also have the adjacent 2.19 Acre parcel to the west listed with a different owner creating 3.27 Acres, zoned I-2 Heavy Industrial in the Northwood Industrial Park, with no City Taxes. Per "Maryland Renters' Rights and Stabilization Act of 2024" both tenants have been notified of the sale. One Tenant has exercised their right to make an offer. Their 30 day first right of refusal period ends 9-22-25.

DAYS ON MARKET 0 LAST UPDATED 9/9/2025
YEAR BUILT 1935 COMMUNITY Wicomico Northwest (23-01)
COUNTY WICOMICO STATUS Active
PROPERTY TYPE(S) Commercial

SCHOOLS
School District WICOMICO COUNTY PUBLIC SCHOOLS


ADDITIONAL DETAILS
AIR Electric, Window Unit(s)
AIR CONDITIONING Yes
APPLIANCES Electric Water Heater
AREA Wicomico Northwest (23-01)
CONSTRUCTION Vinyl Siding
HEAT Baseboard, Electric
LOT 7405 sq ft
LOT DIMENSIONS 0.00 x 0.00
PARKING Driveway
SEWER Septic Tank
TAXES 384
WATER Well
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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