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$ 689,000
Est. payment /mo
Active
518 RACE ST Cambridge, MD 21613
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 4,630 sqft
Price per Sqft $148
MLS Listing ID MDDO2009050
Originating Board BRIGHT
Year Built 1925
Annual Tax Amount $2,237
Tax Year 2024
Lot Size 4,040 Sqft
Acres 0.09
Property Sub-Type Retail
Property Description
Introducing an opportunity at 518 Race St in Cambridge, MD. This 4,630 SF building, built in 1925, offers exceptional potential for retail and street retail users. Zoned Downtown/Waterfront Development District, it allows for a versatile amount of uses for commercial ventures. With a strategic location in the heart of Cambridge, this property provides large amounts of traffic with great visibility. 5+/- Parking spots are available for customer use, along with street parking. Central A/C & lighting were replaced in 2018, the roof was recoated with silicone in 2021, a window unit helps provide A/C to the warehouse portion of the building, which also contains an 8 ft roll up door, a 48" X 96" rear commercial entrance door, 12' ceilings throughout, along with one restroom. The property features an open layout, with two large showcase windows for advertisement. This property can also be purchased together with 522 Race St #Rear. Deeded right a way to Muir Main. Front Room 96x25, Rear Storage 30x25, 1/2 bath 6x4, Way Back Storage 35x27. Overall Length 158x27+/-. All offers are encouraged!
Location
State MD
County Dorchester
Zoning DOWNTOWN
Interior
Hot Water Electric
Heating Heat Pump(s)
Cooling Heat Pump(s)
Heat Source Electric
Exterior
Garage Spaces 5.0
Water Access N
Accessibility 2+ Access Exits
Total Parking Spaces 5
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Dorchester County Public Schools
Others
Tax ID 1007139624
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
Listed by Dylan Mezick • SVN/Miller Commercial Real Estate