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178,000 sqft

$11,570,000

1007 CAROLINE DRIVE, FEDERALSBURG MD, 21632

Price per sqft$65.00
Built in1984
Property size178,000 sqft
Property typeCommercial

Overview

Active

Active-bright

Listed Jun 13, 2026

Updated 6 days ago

This 178,000-square-foot industrial facility sits on 15.40 acres within an Opportunity Zone. The building features clear heights of 31 feet at the center and 24 feet at the eaves, along with 16 dock doors (including three pit docks), two drive-in doors, and a fully sprinklered dry-pipe fire protection system. The property currently generates $70,772 annual income. Approximately 30,000 square feet is leased, leaving 148,000 square feet available for an owner-occupant or additional tenant. Additional revenue is derived from leases on a portion of the parking lot and adjacent grassy areas, while still preserving ample acreage for future parking expansion or site improvements. Located within the Caroline Industrial Park, just one-half mile from downtown Federalsburg and minutes from Maryland Routes 318 and 404, the property benefits from excellent regional accessibility. The industrial park is fully served by electricity, natural gas, public water and sewer, broadband internet, paved roads, and dedicated fire and police protection, making it an ideal location for manufacturing, warehousing, distribution, and logistics operations. The property's strategic Mid-Atlantic location provides convenient access to several major ports, including Baltimore (80 miles), Philadelphia (124 miles), Norfolk (170 miles), and New York (207 miles). The surrounding region also offers a skilled workforce, competitive operating costs, and a business-friendly environment that supports continued growth and investment.

Additional information

MLS® ID
MDCM2007448

Interior Features

Basement
No

Exterior Features

Lot Size
15.4 Acres

Other Property Details

Taxes
$72,715
Tax Frequency
Annually
MLS provider logo

Listed by SVN/Miller Commercial Real Estate
Listing Contact: 4105432419 

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Data last updated on 9/15/2026 at 11:19 PM UTC

 

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