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627 Race Street Cambridge, MD $ 7,495,000
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$ 7,495,000 Get more info
627 Race Street
$ 7,495,000
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627 Race Street

Cambridge, MD, 21613
$ 7,495,000
Baths0.0 Sq 41,436

Monthly Estimate*

$ 49,814

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Studio

Commercial Property for sale in Cambridge, MD

for $7,495,000. This 41,436 square foot building was built in 1998.

+/- 41,436 SF of well-maintained, class A+ professional space located in Cambridge, MD. This competitively priced, 3-story, all brick building features multiple conference rooms, reception areas, and office space able to be demised as needed. Each floor is approximately +/- 13,812 SF with elevator access. The property features significant recent upgrades to the interior lighting, HVAC, elevators, and exterior landscaping. The property is on a 1.47 acre lot with 108 asphalt paved parking spaces. The property is located within a Qualified Opportunity Zone. Contact the listing team for more details and to schedule your showing! Also available for lease at a rate of $14.00 SF/yr (NNN).

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Commercial Active

Price

$ 7,495,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 61,740

Style

Professional

Year Built

1998

Town/City

Cambridge

County/Region

Dorchester

MLS | Web ID

MDDO2005692
Features
Interior
Heating Fuel Natural Gas
Hot Water Electric
Heating Y/N Y
Street Suffix STREET
Central Air Y/N Y
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General
Sewer Public Sewer
Heating Forced Air
Cooling Central A/C
Possession Negotiable
Roof Flat
Zoning COMMERCIAL
Construction Materials Brick
Year Built 1998
Property SubType Office
Tax Year 2024
Current Use Office
Percent Ownership Other
Cool Fuel Electric
Municipality Cambridge
Business Type Professional
Accessibility Elevator
County DORCHESTER
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions Follow Route 50 into Cambridge turn onto Cedar St. Turn right onto Race St. 627 Race St is located on your left.
City CAMBRIDGE
Buyer Agent Compensation 2
Total Units 1
Waterfront Y/N N
Street Name RACE
Tax Annual Amount 61740.0
Property Condition Very Good
Price Per Sq Ft 180.88
Vacation Rental Y/N N
Days on Market 238
Standard Status Active
Year Built Source Assessor
Buyer Agent Compensation Type % Of Gross
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Exterior
Water Source Public
Type of Parking Parking Lot
Water View Y/N N
Building Area Total 41436.00
Land Assessed Value 192000.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 627
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* Excluded Features
List By
Nai Coastal

Broker

chelsye@naicoastal.com

Email

Affordability Calculator

$54,959
Per Month
91%
9%
0%
Monthly Principal & Interest
$49,814
Monthly Property Taxes
$5,145
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
9/15/2023$7,495,000 Listed Price

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627 Race Street, Cambridge, MD, 21613 is a Commercial Property for sale at $7,495,000 with 41,436 sqft. 627 Race Street is a studio with 0.0 baths and was built in 1998. The property's zip code is 21613 which is in Cambridge, MD

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