$1,150,000
Active
61 Days Online
0 Beds0 Baths0 SQFT
Active

Address Withheld

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This investment opportunity is anchored by a strong regional bank which could fit well as an investment for a business owner/occupant/investor who could occupy the vacant space and have a regional bank as your tenant with the rental income essentially paying for your mortgage! It could also fit very well in the traditional investor's existing portfolio. The property consists of a multi-tenant property in a well-known location in the up-and-coming Cambridge, MD currently going through a renaissance. The property is strategically located just 2-minutes from the historic charming downtown Cambridge and less than 60-seconds from the newly redeveloped "Cambridge Marketplace" with new tenants such as Starbucks, Chick-fil-a, and the future (under construction) home of University of Maryland Shore Medical Center (formerly Dorchester General Hospital). The property is anchored by a strong regional Bank, Summit Financial, and has been well maintained with the landscaping and parking lot recently completed, new HVAC units installed, and the interior of the bank fully remodeled in 2021. There is a high barrier to entry for banks in today's market and this has been a well-established bank location for nearly 40-years! High credit tenant / Well-known location / Very well maintained / Attractive curb appeal

  • Property TypeCommercial
  • NeighborhoodN/A
  • CountyDorchester
  • Taxes$11,956
  • HOA/Condo/Coop Fees$0
  • Days on Site61 Days
  • MLS StatusActive
  • MLS ID NumberMDDO2006526
  • Home Size Source Assessor
  • Year Built1986
  • Lot Size1.06 Acres
  • Full BathsN/A
  • Partial BathsN/A

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Recent Activity For Address Withheld Cambridge, MD 21613

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General Features

  • Construction Brick
  • Parking Handicap ParkingLighted ParkingPaved ParkingPrivateParking LotOn Street
  • Sewer Public Sewer
  • Acreage 1.06
  • Water Public
  • Zoning CORRIDOR MIXED-USE
  • Security Electric AlarmSecurity SystemSurveillance Sys
  • Property Sub Type Office
  • Attached Garage No
  • Utilities Phone AvailableSewer AvailableWater Available
  • Foundation Slab

Interior Features

  • Cooling Central A/ CHeat Pump(s)ZonedElectric
  • Heating Heat Pump(s)Electric
  • Flooring CarpetLuxury Vinyl Plank

Exterior Features

  • Spa No
  • Waterfront Property No

Community Features

  • Security Features Electric AlarmSecurity SystemSurveillance Sys

Schools

School District
DORCHESTER COUNTY PUBLIC SCHOOLS
Elementary School
Unknown
Middle School
Unknown
High School
CAMBRIDGE-SOUTH DORCHESTER

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Monthly Payment (Est.)

$5,779
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