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About the Listing 123MCR - 3255767
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
Listing Highlights
Status
Active
Days on Site
593
Property Type
Commercial Sale
MLS ®
MDDO2006526
Year Built
1986
Total Square Footage
8,388
Lot/Acreage
1.06
County
Dorchester
School District
Dorchester County Public Schools
High School
Cambridge-South Dorchester
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond: Central A/C,Heat Pump(s),Zoned
- Heating: Heat Pump(s)
- Fireplaces:
- Floor: Carpet,Luxury Vinyl Plank
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No,In City Limits
- Garage Capacity: N/A
- Parking Spaces: 32
- Zoning: Wide variety of allowed uses. See agent for details.
- Roof: Architectural Shingle
- Others: Excellent
- Sewer: Public Sewer
- Parking Features: Handicap Parking,Lighted Parking,Paved Parking,Private,Parking Lot,On Street,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Financial Details
- Tax Amount: $11,956
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2024
Payment Calculator
Monthly Payment
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- in Taxes
Years
% Down Payment
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Questions About..
Listing MDDO2006526 Cambridge, MD 21613
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