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Don’t let your Veteran and military friends miss out on the opportunity to discover this home!
30
Photos
2
beds
1
bath
2,248
sqft
Built in
1918
This could possibly be the coolest vacation home you could ever dream up! This iconic old bank building is a part of Worcester county’s history and will let your imagination run wild when you consider it’s opportunities. Even the 1800s vault can be made into a fantastic room. The possibilities are ENDLESS! Right down the road from the public boat ramp, shooting range and a “locals favorite” restaurant. Just a short trip to the local beaches, amusements, restaurants and fun yet tucked away from the traffic and crowds. Several separate rooms for offices or bedrooms and entertainment. The big parking lot is yours with plenty of spaces for cars, boats, water toys, etc. If you need commercial space for your business or a great imaginative building to make your own, this is an awesome opportunity. V1 zoning. Any renovations to the building would have to meet the county’s code and coincide with the buyers intended use.
Features & Amenities
Interior
- General:
- Attic,Combination Dining/Living,Entry Level Bedroom
- A/C:
- Central A/C
- Heating:
- Y, Baseboard - Hot Water, Electric
- Disability Feature:
- Level Entry - Main
Exterior
- General:
- Above Grade,Below Grade
- Style:
- Other
- Parking:
- Paved Parking,Private
Construction
- General:
- Brick,Mixed, 1, Slab
Location
- Originating MLS:
- BRIGHT_MAIN
- School District:
- WORCESTER COUNTY PUBLIC SCHOOLS
- County:
- WORCESTER
Lot
- Zoning:
- V-1, 2404001524
- Current Use:
- C
Utilities
- Water:
- Public
- Sewer:
- Public Sewer
Financial
- Source:
- BRIGHT_MAIN
This listing courtesy of:
Coldwell Banker Realty, Kelley Bjorkland
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Newark, MD
Housing
- Number of Units
- 385
- Median Home Value
- $308,513
- Median Rent
- $797
36.08% of housing units are renter occupied.
9.03% are vacant.
Commute
- Car
-
53.15%
- Public Transportation
-
10.95%
- Walk to Work
-
0.23%
- Work from Home
-
33.61%
- Other
-
2.06%
The median travel time to work is 23 minutes.
People
- Population
- 898
- Median Age
- 43.40
- Median Household Size
- 2.87
Education
- High School
-
41.25%
- Associate’s Degree
-
11.93%
- Bachelor’s Degree
-
8.47%
- Graduate Degree
-
5.08%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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