Description
Business opportunities abound! Known as R & B Ranch, this property currently operates as an income-producing Standardbred training facility with 52 stalls in the main barn. A 1/2 mile dirt and stone dust track runs through the property, and with 4 RV hook-ups on site, the income possibilities are endless. Two residences are situated on the property, one of which is currently rented with a year lease in place with a long-term tenant. The main home is a 3 bed, 1 1/2 bath brick rancher with lots of upgrades! The other residence is manufactured and is a 3 bed/2 bath. Nearly the entire property is fenced & cross-fenced into pasture, but if Standardbred training isn't what you want to pursue, this property would work for a myriad of other equestrian activities or horse shows! The 27.93 acres is situated across two parcels, 33096 & 33098 Johnson , both included in this sale. Development opportunities also exist with the proximity to Route 50 and to Ocean City. Don't miss this opportunity!
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3BEDS
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27.93ACRES
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1BATHS
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11/2 BATHS
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1,296SQFT
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$926$/SQFT
Description
Business opportunities abound! Known as R & B Ranch, this property currently operates as an income-producing Standardbred training facility with 52 stalls in the main barn. A 1/2 mile dirt and stone dust track runs through the property, and with 4 RV hook-ups on site, the income possibilities are endless. Two residences are situated on the property, one of which is currently rented with a year lease in place with a long-term tenant. The main home is a 3 bed, 1 1/2 bath brick rancher with lots of upgrades! The other residence is manufactured and is a 3 bed/2 bath. Nearly the entire property is fenced & cross-fenced into pasture, but if Standardbred training isn't what you want to pursue, this property would work for a myriad of other equestrian activities or horse shows! The 27.93 acres is situated across two parcels, 33096 & 33098 Johnson , both included in this sale. Development opportunities also exist with the proximity to Route 50 and to Ocean City. Don't miss this opportunity!
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