MacRo, Ltd. is pleased to announce the sale of 11-13 North Main Street, Boonsboro, Maryland.
This 3,559 SF investment property, offering a 7.8% cap rate on current NOI with room for immediate rent growth, includes a storefront leased to Subway, a 2-bedroom leased apartment, a 1-bedroom leased apartment, a leased garage/shed, and 700 +/- SF unfinished ground-level space that may be converted to additional rentable space.
The property closed on November 22, 2021, at a sales price of $435,000. Dave Wilkinson, Vice President of MacRo, Ltd., represented the seller, and Josh Watson, Sampson Properties, represented the purchaser.
For more information on how MacRo, Ltd. Real Estate Brokerage Services may be able to assist you in the sale or acquisition of land, and/or the sale or leasing of your commercial or industrial property, please contact Dave Wilkinson at 301-748-5670 or firstname.lastname@example.org.