Railroad Avenue, Federalsburg, MD 21632

USD 2,500,000
For Sale MLS: MDCM2007142

Property Details

Description

*LIST PRICE IS OPENING BID* Online Auction Only! Bidding begins Friday, June 5th, and ends Wednesday, June 10, 2026 at 1:00PM. 116,800+/- sq. ft. Industrial Complex on 7.93+/- acres in Federalsburg, MD ** 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. 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 attached site 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 This is the 325' x 72' 23,400 square foot metal building containing the 15-ton and 25-ton bridge cranes. The initial building was originally 150' x 72' feet with an additional 175' x 72' section added in 2009. The main overhead drive=in door is 14' x 16'. Ceiling heights are 35 feet to the roof line and 25 feet to the bottom of the moving crane rails. A full set of as built engineering drawings for the 175' x 72' addition is building are available. There is also an engineering study available of the maximum crane rail capacity if a user wishes to upsize the crane capacity. There are multiple 480v 600 Amp 3 Phase panels serving this building. 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,"....(for more de Note: Neighboring Parcel known as 412 Railro

PROPERTY DETAILS: Square Feet: 98489

INTERIOR FEATURES: • Cooling: Central Air, Electric • Heating: Gas Heat, Forced Air • Plumbing: Gas Water Heater

EXTERIOR FEATURES: • Parking: 50 Parking Spaces, Parking Lot. • Zoning: ID-1

LISTING AGENT: Agent: Larry Cooper | Office: Alex Cooper Auctioneers, Inc. | Phone: 4108284838 | Email: [email protected]

LISTING INFORMATION: MLS#: MDCM2007142 | Status: FOR SALE

Location

Address

Railroad Avenue

City

Federalsburg

Features and Finishes

Interior Features:

• Cooling: Central Air, Electric

• Heating: Gas Heat, Forced Air

• Plumbing: Gas Water Heater

Exterior Features:

• Parking: 50 Parking Spaces, Parking Lot.

• Zoning: ID-1

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