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A rare opportunity to own a premier wedding and event destination, offering 10 acres of picturesque grounds, distinctive historic architecture, and an impressive collection of facilities designed to support a thriving event business. This turnkey property combines the charm of two historic buildings with the scale and functionality of a renovated 10,000 -square-foot, two-story lodge, creating a versatile setting for weddings and special events throughout the year. The mansion and cottage provide timeless character, while multiple scenic ceremony locations offer couples a variety of beautiful settings for their special day. Dedicated on-site preparation spaces with upgraded amenities accommodate wedding parties, staff, and vendors, helping streamline event-day operations. The cottage's upper-level living quarters present an opportunity for additional rental income or on-site accommodations. With its combination of facilities, outdoor settings, historic charm, and flexible residential potential, this property offers an exceptional foundation for an owner looking to establish, expand, or continue a successful wedding and event operation. SHOWINGS BY APPOINTMENT ONLY.
#PAYK2114738

YORK

6219 LINCOLN HIGHWAY

7 Beds

3 Baths

4,627 Sq.Ft.

$4,250,000

MLS#: PAYK2114738

A rare opportunity to acquire one of New Hope’s most architecturally significant landmark properties, prominently situated at 15 South Main Street in the heart of the borough’s vibrant downtown. Rich in history and distinguished by its commanding presence, this extraordinary property offers a compelling combination of grandeur, sophisticated hospitality, and exceptional commercial potential. Dating to 1873, the building was originally constructed as the New Hope Methodist Episcopal Church, showcasing remarkable Gothic Revival architecture. Its striking sandstone exterior, soaring ceilings, magnificent stained-glass windows, and impressive architectural detailing have been thoughtfully preserved, creating an atmosphere of timeless elegance and unmistakable character. Following more than a century as a place of worship, the property underwent a remarkable transformation into a premier dining destination, first as the celebrated Marsha Brown’s restaurant and subsequently as Oldestone Steakhouse. Today, the interior presents an extraordinary hospitality setting where historic craftsmanship meets contemporary sophistication. Dramatic chandeliers, expansive dining spaces, original architectural elements, and a distinctive third-floor lounge contribute to an ambiance rarely found in commercial properties. Ideally positioned along New Hope’s highly sought-after Main Street corridor, the property benefits from its exceptional location within one of the region’s most celebrated destinations for fine dining, boutique shopping, arts, culture, and tourism. Just steps from the Delaware River and minutes from Lambertville, New Jersey, this landmark address enjoys proximity to the affluent communities of Bucks and Hunterdon counties while drawing visitors from the greater Philadelphia and New York metropolitan markets. The offering includes furniture, fixtures, equipment, and the liquor license, presenting an opportunity for an investor, restaurateur, or hospitality group to establish a presence in an iconic New Hope location. An exceptional offering distinguished by its architectural heritage, irreplaceable location, and established hospitality identity, 15 South Main Street represents a unique opportunity to become the next steward of one of New Hope’s most recognizable historic properties.
#PABU2133248

NEW HOPE

15 S MAIN STREET

None Beds

None Baths

7,000 Sq.Ft.

$4,250,000

MLS#: PABU2133248

Open house
OFF SITE Model Home at 2101 Grayson Pl, Falls Church, VA 22043 @ 1-4pm on Sunday. Introducing 6451 Jefferson Pl, McLean, VA 22101 — an exceptional new construction opportunity offering over 9,900 square feet of thoughtfully designed luxury living space in one of McLean’s most sought-after residential communities. Enjoy a peaceful neighborhood setting while remaining conveniently close to Tysons Corner, top-rated schools, shopping, dining, parks, and major commuter routes throughout Northern Virginia and Washington, D.C. Special pre-construction pricing is available for buyers who provide their own construction financing, presenting a unique opportunity to secure exceptional value while the home is being built. Designed with both sophisticated entertaining and comfortable everyday living in mind, this expansive residence offers 7 bedrooms and 7.5 bathrooms across three beautifully planned levels. Quality construction includes impressive 10-foot ceilings on the main and lower levels, and 9-foot ceilings on the upper level, creating an open and spacious feel throughout the home. The main level is anchored by generous living and entertaining spaces and includes a private multi-generational suite with a walk-in closet and full bath with standing shower—ideal for extended family, guests, or long-term visitors. Buyers may further personalize the home with an optional spice kitchen, with additional cabinetry, disposal, and dishwasher options available. Upstairs, the thoughtfully designed floor plan provides spacious bedroom accommodations with privacy and functionality in mind, creating comfortable retreats for family members and guests. The deluxe finished lower level extends the home’s living and entertainment possibilities with Builder’s Model Home specifications, including a professionally designed media room, additional bedroom, full bath with shower, playroom, fitness room, recreation room, storage area, and generous closet space. For an even more elevated entertainment and wellness experience, buyers may choose to add an optional designer wet bar, private sauna, and wine room. Additional available options include an elevator, screened porch, deck, and fence, giving buyers the flexibility to customize both indoor and outdoor spaces to suit their lifestyle. With nearly 10,000 square feet of living space, a versatile multi-generational design, extensive customization opportunities, and a highly desirable McLean location, 6451 Jefferson Pl offers an exceptional combination of scale, craftsmanship, comfort, and convenience. Contact us today for additional information, available selections, and details regarding the pre-construction opportunity.
#VAFX2340666

MCLEAN

6451 JEFFERSON PLACE

7 Beds

8 Baths

10,085 Sq.Ft.

$4,250,000

MLS#: VAFX2340666

Welcome to Hill View Estates, an exquisite new private residence nestled on a sprawling 2.47 acres, conveniently located near downtown McLean. This exceptional four-level estate features 7 bedrooms and 8.5 bathrooms, encompassing a generous 15,000 square feet of luxurious living space. It is equipped with an elevator, an oversized four-car garage and a circular driveway. As you enter, you are greeted by soaring 20+ foot ceilings and a magnificent double spiral staircase. The main level boasts a gourmet chef's kitchen, perfect for culinary enthusiasts, complete with double kitchen islands and Viking professional series appliances, along with a second catering kitchen with a separate entrance. Additional main level highlights include a spacious guest suite with a private ensuite, a main level office, a formal dining room, an impressive two-story sunroom, a meditation room, a butler's pantry, and a mudroom and much more! The second level showcases five expansive bedroom suites, each with its own ensuite bathroom for enhanced privacy and convenience, as well as large walk-in closets. The primary suite offers a sitting room with a wet bar and beverage refrigerator, built-in cabinets, a covered balcony, and expansive double walk-in closets. The spa-like primary bath features two water closets, a commode and bidet, complemented by custom organizers and storage solutions—truly breathtaking. The light-filled fourth level can serve as a studio or craft room, also featuring elevator access and skylights that enhance this private and spacious area. The lower level, also accessible by elevator or one of the two staircases, is an entertainer's paradise. It includes a fitness center, a spectacular theater room, a steam shower, a dry sauna, a custom wine cellar, and an ensuite bedroom. Additionally, there are separate laundry facilities and ample storage space available. For a complete list of features, floor plans or a confidential tour, please contact lister.
#VAFX2195514

MCLEAN

1200 DOMINION COURT

7 Beds

8 Baths

16,476 Sq.Ft.

$4,250,000

MLS#: VAFX2195514

Talbot County Farm For Sale – Over 200 acres located between Easton and Oxford at the headwaters of Trippe Creek. ‘Piney Point’s Advantage’ provides 214 acres with agricultural fields, mature woodland, extensive habitat for waterfowl, and upland game along with a recorded four-lot subdivision and eight remaining development rights. Habitat and wetlands restoration began in 2011 with a Soil Conservation and Water Quality Plan. The CRP contracts were renewed in 2020 to help with the sustainable use and sound management of soil, water, and habitat resources. Of the 214 acres of the farm, 58 acres are enrolled in the CRP program, 93 acres are under cultivation and the remainder is woodland, field edges, and waterfront. The farm provides an opportunity for residential use with a recorded four-lot division and eight remaining development rights. Development activity is subject to a re-evaluation by the County Health Department for the four existing perc sites. There is an existing private road built to county standards and governing documents in place satisfying county requirements when development activity begins. Located between Easton and Oxford, Piney Point’s Advantage is impeccably well-kept and maintained to maximize wildlife habitat. This farm provides a rare opportunity for a family compound in a natural setting with substantial infrastructure. Waterfowl impoundments, a private road, and approvals that generate value through a myriad of uses are in place and represent value for the buyer with a vision in mind. Set among large estates, Piney Point’s Advantage is sure to please the discerning buyer, nature lover, and outdoors enthusiast. Farm current farming lease and CRP contracts. Documents are available upon request. Assumption of CRP Contracts by Buyer at Settlement.
#MDTA2005954

OXFORD

ALMSHOUSE ROAD

None Beds

None Baths

214.8 acres

$4,250,000

MLS#: MDTA2005954

Exquisite and one-of-a-kind grand American Foursquare on the market for the first time in nearly 50 years! Sited on a very private 1/3 acre lot with 100' frontage on the tranquil 3500 block of Lowell Street with beautiful POOL, spectacular southern light, and dramatic views of the National Cathedral inside and out! Wide front porch leads to expansive and airy main level featuring grand-scale rooms with 9 1/2' ceilings - parlor with fireplace, coffered ceiling, and wide, ornate stairway; living room; grand dining room; kitchen; and rear family room with level walkout to pool patio and private surrounding gardens. 7-8 generous bedrooms and three-and-a-half bathrooms upstairs.
#DCDC2020054

WASHINGTON

3519 LOWELL STREET NW

8 Beds

4 Baths

5,350 Sq.Ft.

$4,250,000

MLS#: DCDC2020054

Welcome to 8929 Harvest Square Court, a stunning solid brick home enclosed on a private two acre estate. This extravagant seven bedroom, nine full bathroom home is perfectly situated on a quiet cul-de-sac with a gated entrance and fenced yard. Complete with over 17,000 square feet of fully finished space, this home offers a pool, indoor basketball court, movie theater, fitness center and a newly renovated high design gourmet kitchen. Enter through the oversized solid wood doors with transom side windows into the grand marble foyer featuring art niches and elevated ceilings. The main foyer accesses the powder room and conveniently connects to the primary suite. The primary bedroom showcases two bathrooms and three custom designed walk-in closets. The generously sized dining area is perfectly wrapped in chair rail molding and highlights an art deco ceiling fixture with a layered marble floor design. The dramatic living room features eighteen foot vaulted ceilings, offering stunning views of the pool and yard through the floor-to- ceiling windows. A nearby cozy family room attaches to the living area and a designer buffet connects the dining room and kitchen. The state of the art kitchen is packed with high design and has everything you could possibly need for a gourmet cooking experience. The kitchen is an epicurean dream with the countertops and backsplash wrapped in marble, hand-made wood cabinetry, and dual islands offering an ideal setup for entertaining. The kitchen showstoppers are the new oversized side-by-side sub-zero refrigerators, three ovens and the eight-burner gas range stove. There is double the luxury with dual dishwashers, warming drawers, cooling drawers, microwaves and sinks. A mudroom equipped with a washer, two dryers, walk-in pantry space and powder room, connects to a three car garage with an electric charger and built-in cabinetry. Around the corner you will find a second three car garage and an additional bedroom complete with an en suite bathroom, closet space and sliding doors to the patio. The main level rear hallway accesses a top floor apartment that features a bedroom and living space with cathedral ceilings and a kitchen wrapped in cherrywood cabinets with granite countertops, dishwasher, refrigerator, and dual basin sink. An additional dedicated staircase leads to the upper level office that encircles the back corner of the home. With custom wall-to-wall carpet, this space is complete with a built-in desk and cabinets, mounted TV, living area, beverage refrigerator and a powder room. A modern staircase with a decorative runner, glass dividers and black and gold newells lead you to the open stairwell connecting to four bedrooms. The hall bathroom includes an oversized modern soaking tub, dual vanity, and quartz countertops. Wall sconces and recessed lighting can be found in the hallway that also provides attic access. The opportunities for fun are absolutely endless in this lower level! This level offers lavish space for entertaining, exercising, gaming and lounging. The well designed indoor basketball court rivals any professional gymnasium. The home theatre features custom leather seating for eleven or more. The fitness center highlights everything you could dream of for an at-home gym. An additional entertainment option is the bar and kitchen area which features a refrigerator, ice maker, beverage cooler and dishwasher. The backyard has everything you can think of from an outdoor pool and hot tub, garden shed, shuffleboard, grass sport court, and oversized gazebo for covered cooking and dining. The privacy this lot offers in such an incredibly convenient location, just minutes away from I-495 and I-270, Potomac Village, Cabin John Mall and Wildwood Shopping Center cannot be beat. With all this home has to offer, don’t miss the opportunity to make it yours!
#MDMC2020156

POTOMAC

8929 HARVEST SQUARE COURT

7 Beds

9 Baths

16,479 Sq.Ft.

$4,250,000

MLS#: MDMC2020156

Stunning Georgetown Custom Contemporary totaling 3700 SF, 5 bedrooms, 4.5 baths. A top-to-bottom, smart renovation, along with a three-level addition, gives this historic, Charleston-style, semi-detached row house the best of both worlds: it retains the charm of the original 1896 architecture while harmoniously integrating updates to present modern living at its finest. Renovations were designed by Studio MB and this home was featured in Home and Design Magazine. In contrast to the traditional facade, the interiors are a stunning blend of clean lines and contemporary finishes. White-painted walls, high ceilings, brick walls and wide-plank, pale oak floors provide the perfect backdrop for a bright, open-concept main level with multiple living spaces and outdoor views in almost every direction. A sleek chef's kitchen sits center stage with concealed storage, designer lighting and a double-waterfall island. Through the sunken family room, accordion-style French doors lead to the back terrace and fully fenced yard, connecting to the generous side yard, creating an expansive entertaining space. Open risers and a steel-framed staircase, sunlit from skylights above, lead to the upper levels where a pair of charming bedrooms with a hall bathroom share the third level, and the owner's suite and library suite with floor to ceiling windows reside on the second. The master bedroom enjoys a private porch, and an en-suite bathroom that looks straight out of a spa. A finished one-bedroom apartment on the lower level with a separate entrance and its own washer and dryer, separately metered. A coveted parking spot sits contiguous to the backyard.
#DCDC2193320

WASHINGTON

3417 R STREET NW

5 Beds

4 Baths

3,700 Sq.Ft.

$4,250,000

MLS#: DCDC2193320

None
#1009947312

MIDDLEBURG

38600 JOHN MOSBY HIGHWAY

None Beds

None Baths

N/A

$4,250,000

MLS#: 1009947312

Step into timeless elegance. This extraordinary custom-built estate by Dewson Construction exemplifies superior craftsmanship, luxury, and thoughtful design. Perfectly nestled on a beautifully landscaped almost 3 acre setting in one of Greenville’s most coveted locations, this home offers meticulously designed living spaces, blending classic architectural details with modern comforts. From the moment you walk inside, you’re welcomed by a stunning oversized front door, arched openings, exquisite millwork, and rich hardwood floors laid in a herringbone pattern. The main level is an entertainer’s dream, offering a seamless, open-concept layout that still manages to feel warm and inviting. The kitchen, breakfast area and great room are bathed in natural light, with expansive walls of windows showcasing scenic views of the private grounds. A large balcony and spacious screened-in porch flank the breakfast area. Custom built-ins, finishes and cabinetry, and cozy fireplaces enhance the home's inviting atmosphere. The main floor features a luxurious primary suite with a spa-like bath, an oversized custom walk-in closet, and tranquil sitting area create the perfect retreat. A private study, formal dining room that opens to a wet bar and butler’s pantry, two powder rooms, a second entrance into a customized mud room with a 3 stop elevator complete the main floor. Upstairs, four spacious bedrooms offer walk-in custom closets and private baths. One of them could serve as a second primary suite if needed. A versatile landing area is ideal for a second office, reading nook, or homework station. The walk-out lower level offers a full suite of lifestyle amenities, including a media room, daylight family room with fireplace leading to a patio, billiards area with a full wet bar, exercise room, and a full bath with 2 showers, perfect for poolside convenience or post-workout refresh and another powder room. French doors lead to the lush backyard, where the views stretch out over manicured lawns and garden spaces. Every detail is curated for luxury: from the high-end finishes and lighting throughout, to the oversized windows and high ceilings that enhance the open, airy layout and speak to timeless quality. Outdoor amenities rival those of a private resort: travertine hardscaping, a heated in-ground saltwater pool, outdoor kitchen, firepit area, and expansive mature landscaping and panoramic views. Additional highlights include an elevator, a laundry room on each floor, geothermal HVAC, a whole-house generator, a 3-car garage with California Closet systems, and generous storage space throughout. The home is wired for smart technology, surround sound, and high-speed internet, offering seamless modern functionality. Every detail reflects the renowned quality of Dewson Construction. Just minutes from Greenville’s finest dining, shopping, and cultural attractions, this is a rare opportunity to own one of the area’s finest estates.
#DENC2081368

WILMINGTON

101 GREENSPRING ROAD

5 Beds

6 Baths

9,275 Sq.Ft.

$4,250,000

MLS#: DENC2081368

Perched high above the Potomac with sweeping, panoramic river & city views, this exceptional Georgetown residence stands peerless in the marketplace and truly defines elevated living. Refined architectural details adorn the property throughout, with south-facing floor-to-ceiling windows and doors on every level that open to multiple decks with both dining and lounge sections and uninterrupted, breathtaking vistas of the river and skyline on every level - including the Key Bridge, the Rosslyn skyline, the Lincoln Memorial, the Kennedy Center, and the Washington Monument. Encompassing more than 3,500 square feet over four dramatic levels, this extraordinary home designed by esteemed architect Henry Goodfellow Hunt features three bedrooms, three full bathrooms, and two half bathrooms, effortlessly balancing grand scale with intimate comfort. The expansive main living room level is an entertainer’s dream, distinguished by soaring 10’ ceilings that accentuate its openness and grandeur. A gas-burning fireplace with a mantle clad in the same Indiana limestone used on the National Cathedral serves as a striking centerpiece, complementing the breezy indoor-outdoor flow that invites guests to gather and admire the stunning views. An elevator services all floors, culminating in the upper-level primary suite where Washington’s most captivating panoramas unfold in spectacular fashion. The primary features a gas fireplace, a large walk-in closet, and a renovated bathroom replete with luxurious finishes. From the top-floor vantage point, the river and cityscape unfold in cinematic fashion, creating an atmosphere of unparalleled tranquility. Two spacious bedrooms and two full bathrooms occupy the third floor, offering privacy and flexibility for family and guests. Each bedroom is enhanced by beautiful natural light and is thoughtfully designed for comfort and ease of living. Additional highlights include a renovated chef’s kitchen, a one-car garage, and more than 800 square feet of outdoor living space ideal for al fresco dining, tranquil morning coffee, or entertaining guests while overlooking the Potomac River. Perfectly situated at the end of Georgetown’s West Village and just minutes from the airport, this residence is walkable to neighborhood favorites including 1789 Restaurant, Fitzgerald’s cocktail bar, the iconic Cafe Milano and the boutiques and cafés that define Georgetown charm. Rare and remarkable, this home represents a once-in-a-generation opportunity to own one of Washington’s most magnificent views.
#DCDC2233230

WASHINGTON

3616 PROSPECT STREET NW

3 Beds

3 Baths

3,540 Sq.Ft.

$4,250,000

MLS#: DCDC2233230

Just reduced! UNBELIEVABLE value.! Truly a must see. Welcome to 1544 Forest Villa Lane, an extraordinary custom home in the heart of McLean, VA, offering nearly 8,000 sq. ft. of meticulously designed living space on 0.47 acre beautifully landscaped grounds. Crafted with an uncompromising commitment to comfort, efficiency, and style, this home blends luxurious living with smart home convenience and resort-level amenities. Step inside to soaring 10-foot ceilings, striking 10.25" wide white oak hardwoods, and designer finishes throughout. The gourmet kitchen is a chef’s dream, featuring a Wolf 8-burner gas range, Miele steam and convection ovens, Subzero column refrigerator and freezer, and a stunning walk-in pantry with a sliding ladder, brick accents, and appliance shelving. Adjacent, the butler’s pantry showcases a mirrored backsplash, LED-lit liquor display, and a Subzero beverage fridge—perfect for entertaining. The open-concept family room boasts a gas fireplace, built-ins, and built-in surround sound, while the office impresses with its fireplace, custom cabinetry, and art TV. Upstairs, the vaulted lounge offers a cozy gas fireplace and another full surround sound setup. The primary suite is a sanctuary unto itself, with blackout shades, vaulted ceilings, a spa-like bathroom with heated floors, steam shower, stand-alone tub, dual water closets, and boutique-style his & her closets. Smart features are embedded throughout, from Nest thermostats and ceiling-mounted EERO WiFi routers to a 38kW Kohler whole-house generator and two Rinnai tankless water heaters. The entire home is insulated with spray foam and soundproofing for quiet, efficient living. Step outside to your private backyard oasis featuring a resort-style heated saline pool and oversized spa (both WiFi controlled), custom Italian tile, in-pool sun lounge, and a built-in fire pit on the patio. Entertain year-round with a full outdoor kitchen with bar seating, AMG grill, Bull pizza oven, and dine under a pool side pergola while listening to the exterior sound system. The screen porch adds a four-season retreat with Bromic electric heaters, gas fireplace, retractable screens, and Sonos surround sound. Additional highlights include a 3-car garage with EV chargers; a fully finished basement with gym, safe room, yoga studio, and guest suite; and extensive high-end mechanical systems like whole-home HEPA/UV HVAC filtration, whole-house water softener, and a 32-zone smart switch panel. This is more than a home—it’s an experience. Most furnishings are negotiable, allowing for a seamless move into this one-of-a-kind residence.
#VAFX2229810

MCLEAN

1544 FOREST VILLA LANE

5 Beds

5 Baths

7,928 Sq.Ft.

$4,250,000

MLS#: VAFX2229810

Five hundred acres of protected Fauquier County farmland along Bristersburg Road, spread across four contiguous parcels. The land has been farmed in corn and soybeans for years, leaving wide, open fields ready for crops, pasture, or hay. It's unfenced, so a new owner can lay out paddocks and trails from scratch, making it an ideal setting for a horse farm or family compound. The existing homestead centers on a circa-1917 Colonial farmhouse with about 2,674 SF, 4 bedrooms, 2 baths, a metal roof, central air, and a large open porch. It needs work and is well suited to restoration. A 3,200 SF barn and 1,520 SF shed support the house. Three additional lots each allow a primary home, a secondary residence, and barns or shop buildings, leaving room for a main estate, family residences, and full equestrian facilities. Most of the acreage is in Fauquier County's Purchase of Development Rights program. That protects the surrounding landscape from subdivision and keeps real estate taxes exceptionally low. About 65 acres lie in the floodplain, providing natural open space and wildlife habitat.
#VAFQ2024244

CATLETT

10915 BRISTERSBURG ROAD

4 Beds

2 Baths

2,674 Sq.Ft.

$4,250,000

MLS#: VAFQ2024244

Oceanblock Stunner. Never rented and occupied only part time, this exquisite 5 bedroom/5.5 bath custom-built South Rehoboth Beach home is located within 90 seconds to the Atlantic Ocean and boardwalk. The floor plan was designed to emphasize an open living space, so you can appreciate the timeless upgrades from every point of the great room/kitchen. Living room features coffered ceilings, fireplace with stone surround, built-in shelving, milled-on-site wideplank oak flooring throughout and large windows/sliding doors with transoms that lead to the front screened porch. Gourmet kitchen with an extra large island, commercial grade built-in appliances-including a Sub-Zero refrigerator and a like new Wolf Range, a wet bar with beverage fridge and faucet with instant hot, a dining area with large round table, all accented with Ann Sacks glass tiling and varying shades of white/gray and coastal blues. Hallway leads to laundry room with utility sink and storage, another screened in porch with two ceiling heaters for year round enjoyment and a first floor bedroom with double sink ensuite bath. Second floor leads to four other bedrooms, each with their own distinctively designed bathrooms. The primary bedroom has vaulted ceilings, its own thermostat, two closets -including a walk-in- and a private balcony. The bright primary bath has heated tile flooring, a luxury shower, soaking tub and water closet. Painted in deep blue with vaulted ceilings and shiplap walls, the third bedroom has two sets of custom-made bunk beds to comfortably sleep 5. Take in the natural light and soothing hues of the fourth & fifth bedrooms, each with their own baths. Full finished basement with luxury plank flooring and recessed lighting has several closets - one for the HVAC with Fresh Air Ventilation Control, one that holds the RTI Smart Home system & other controls, one for the sump pump with battery backup and a storage closet. Too many upgraded finishes to mention, but you will notice from the oversized solid wood doors to the cabinet hardware that this home has it all. Factor in that it comes beautifully furnished, closets outfitted, windows treated, outdoors landscaped and hardscaped with rear privacy fence and outdoor shower, you’ve got yourself a Lucky 11 Oasis.
#DESU2027886

REHOBOTH BEACH

11 STOCKLEY STREET

5 Beds

5 Baths

2,944 Sq.Ft.

$4,250,000

MLS#: DESU2027886

Very clean well--maintained Industrial Property. Excellent for a 1031 exchange. 100,336 sq. ft. complex on 7.93 acres (Parcel 595 Tracts 1 and 2. Not included in the initial offer is Tract 3, 4.66 ac. undeveloped lot, could be available). There are multiple buildings on the site, the earliest of which was constructed in 1956 as a poultry processing plant with additions built in 1988, 1994, 2001, 2002, and 2008. The construction is concrete block and steel framing with some timber framing; recent additions are pre-engineered steel buildings. The older buildings received standing seam metal roofs in 2020. Buildings are heated and ventilated with some areas air-conditioned and cold warehouse areas are equipped with refrigeration equipment. Heavy, up-to-date electrical services throughout. All other systems Ceiling heights vary from 9 to 35 feet.The primary tenant M&M Refrigeration, LLC, a wholly owned subsidiary of Johnson Controls International, designs,manufactures, and installs custom industrial refrigeration equipment worldwide. There is a small portion (refrigerated dock space) leased by Jack and Jill, an ice cream distributor. The M&M JCI lease runs through 2033 and has two five-year options. It is a triple net lease with an annual rent adjustment of the CPI or 2% whichever is higher. The current annual rent is $298,120.08 Jack and Jill has been leasing its space for almost 40 years, currently month-to-month, but a signed lease could be acquired. Jack and Jill's current annual rent is $21,600.00. To summarize, the property generates $319,720.08 triple net. The property is offered for sale at $4,250,000, which yields a cap rate of 7.52%. Tract 3, 4.66 acres of undeveloped industrial land is not included in the offering and this time, but could be available. Upon receipt of a verified signed NDA (attached in Docs section), the following items will be made available: Alta survey showing all boundaries, improvements, easements, encroachments; Lease and amendment with lease exhibit; Maryland Dept. of the Environment letter of no findings; Phase 1 environmental study; and Phase 2 environmental study. Please feel free to call the agent with any questions and to arrange a site visit if you like. Attachments
#MDCM2005152

FEDERALSBURG

412 RAILROAD AVENUE

None Beds

None Baths

100,336 Sq.Ft.

$4,250,000

MLS#: MDCM2005152

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