1052 Old Turkey Point Road Edgewater, MD $ 1,850,000
1052 Old Turkey Point Road
$ 1,850,000
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1052 Old Turkey Point Road

Edgewater, MD, 21037
$ 1,850,000
Baths0.0 Sq 4,100

Monthly Estimate*

$ 12,296

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Studio

Commercial Property for sale in Edgewater, MD

for $1,850,000. This 4,100 square foot building was built in 1960 on a lot size of 3.58.

PRICE REDUCTION - Amazing Opportunity So many possibilities within the MA2 (Light Commercial Marina District) and MC (Heavy Commercial Marina District) Zoning Existing Home is 4,100 +/- with 2 piers, 5 Boat Lifts, Boat Ramp and Helicopter pad. There is 730 feet of water frontage with rip rap. New 8' privacy fence installed on the right side of the property as you face the water to shield Anchor Yacht Basin Marina. 3.4 acres +/- Zoned MA2 - Light Commercial Marina District This District is generally for limited commercial services such as commercial piers, sales and rental of watercraft, restaurants, taverns, sales of fuel, groceries, fishing and watercraft accessories and supplies. Minimum site area is 1 acre. Maximum Coverage by structures and parking is 70%. Maximum height is 40 feet based on minimum setbacks and can increase indefinitely provided setbacks are increased as per formula. .18 acres +/- Zoned MC - Heavy Commercial Marina District This District offers the range of commercial uses in the MA2 and MB Districts plus additional services associated with a full service marina or industrial operation. Such additional uses include marine salvage and towing operations. Minimum site area is 1 acre. Maximum Coverage by structures, parking and dry storage is 80%. Maximum height is 40 feet based on minimum setbacks and can increase indefinitely if setbacks are increased as per formula. Information about zoning taken from Anne Arundel County Website

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Commercial Contingent

Price

$ 1,850,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 10,444

Style

Marina

Lot Size

3.58

Year Built

1960

Town/City

Edgewater

County/Region

Anne Arundel

MLS | Web ID

MDAA2032888

Features
Interior
Heating Fuel Electric
Hot Water Electric
Heating Y/N Y
Street Suffix ROAD
Central Air Y/N Y
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General
Sewer Public Sewer
Heating Heat Pump(s)
Cooling Central A/C
Possession Immediate
Zoning MA2 & MC
Construction Materials Frame
Year Built 1960
View River Marina Water
Property SubType Special Purpose
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
Business Type Marina
Waterfront Features Private Dock Site Rip-Rap
Accessibility None
County ANNE ARUNDEL
New Construction N
Property Type Commercial Sale
Subdivision Name NONE AVAILABLE
Water Access Y/N Y
Status ACTIVE UNDER CONTRACT
Directions Follow GPS - At end of Old Turkey Point RD on the left
City EDGEWATER
Buyer Agent Compensation 2.5
Body of Water Selby Bay - South River
Zoning Description Check AA County Zoning Remarks
Total Units 1
Lot Size Square Feet 155944.80
Waterfront Y/N Y
Street Name OLD TURKEY POINT
Tax Annual Amount 10444.0
Price Per Sq Ft Total 618.52
Lease Considered Y/N N
Vacation Rental Y/N N
Days on Market 660
Standard Status Active Under Contract
Year Built Source Estimated
Legal Subdivision REGULARS
Buyer Agent Compensation Type % Of Gross
Association Recreation Fee N
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Exterior
Lot Features Cleared Front Yard Level No Thru Street Open Premium Rear Yard Rip-Rapped Secluded
Water Source Well
Inclusions Home being Sold AS IS
Type of Parking Driveway
Water View Y/N Y
Building Area Total 2991.00
Lot Size Acres 3.58
Water Body Type River
Lot Size Units Square Feet
Lot Size Source Estimated
Water Access Features Boat - Powered Canoe/Kayak Fishing Allowed Private Access Swimming Allowed
Number of Docks 2
Land Assessed Value 977500.00
Navigable Water Y/N Y
Number of Slips 5+
Water Oriented Y/N Y
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Internal Only
Street Number 1 1052
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* Excluded Features
List By
Long & Foster Real Estate, Inc.

Broker

brianwood15@verizon.net

Email

Affordability Calculator

$13,166
Per Month
93%
7%
0%
Monthly Principal & Interest
$12,296
Monthly Property Taxes
$870
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/7/2023$1,850,000 -15.91% Price Down
2/13/2023$2,200,000 Listed Price

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1052 Old Turkey Point Road, Edgewater, MD, 21037 is a Commercial Property for sale at $1,850,000 with 4,100 sqft and a lot size of 3.58. 1052 Old Turkey Point Road is a studio with 0.0 baths and was built in 1960. The property's zip code is 21037 which is in Edgewater, MD