522 Race Street # REAR Cambridge, MD $ 489,000
522 Race Street # REAR
$ 489,000
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522 Race Street # REAR

Cambridge, MD, 21613
$ 489,000
Baths0.0 Sq 5,456

Monthly Estimate*

$ 3,250

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Studio

Commercial Property for sale in Cambridge, MD

for $489,000. This 5,456 square foot building was built in 1945 on a lot size of 0.27.

BUSINESS OPPORTUNITY & INVESTMENT PROPERTY! Property is adjacent to large Municipal Public Parking lot . Gated /Fenced Commercial Block Buildings with Concrete floors all on one Parcel. Great opportunity to Operate business in One and lease remaining Buildings for income producing Investment. Building #1: 36x95+/-, Contains 2 Bays with Roll up Overhead Doors 12' w, 1/2 Bath, 12' Ceilings. Formally used as an Auto Body Shop & Car Wash. Floor drain installed, Restroom , Propane Ceiling Mounted Heater. Upgraded 200 amp Service & LED lighting in 2018. Building #2: 40x50+/-, 14' w Roll up Door,Currently used as Dry Storage offers multiple uses. Rear of Building 1 & 2 backs to Public Parking Lot. Building #3: 18x22+/- , 8' Double Ban Door, Currently used as Dry Storage. Buildings 1 & 3 are Block, Metal Roofing and Concrete Floors. Schedule your tour today - Opportunity awaits!

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Commercial Active

Price

$ 489,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 2,081

Style

Lot Size

0.27

Year Built

1945

Town/City

Cambridge

County/Region

Dorchester

MLS | Web ID

MDDO2006066

Features
Interior
Heating Fuel Propane - Leased
Flooring Concrete
Hot Water Other
Heating Y/N Y
Street Suffix STREET
Central Air Y/N N
Total Restrooms 1
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General
Sewer Public Sewer
Heating Space Heater
Cooling None
Utilities Electric Available
Possession Seller Rent Back
Roof Metal
Zoning C-2
Construction Materials Block
Year Built 1945
Unit Number REAR
Property SubType Mixed Use
Tax Year 2024
Percent Ownership Fee Simple
Cool Fuel None
Municipality Cambridge
Business Type Other
Accessibility Other
County DORCHESTER
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions Rt 50 E Right on Cedar St Right on Cedar
City CAMBRIDGE
Buyer Agent Compensation 2.5
Total Units 3
Lot Size Square Feet 11654.00
Waterfront Y/N N
Street Name RACE
Tax Annual Amount 2081.0
Price Per Sq Ft 89.63
Vacation Rental Y/N N
Days on Market 176
Standard Status Active
Year Built Source Assessor
Buyer Agent Compensation Type % Of Gross
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Exterior
Water Source Public
Type of Parking On Street Driveway Other
Water View Y/N N
Building Area Total 5456.00
Lot Size Acres 0.27
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 34900.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 522
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* Excluded Features
List By
Keller Williams Select Realtors

Broker

marylmabry@yahoo.com

Email

Affordability Calculator

$3,423
Per Month
95%
5%
0%
Monthly Principal & Interest
$3,250
Monthly Property Taxes
$173
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
THE TIME TO SELL IS NOW!
Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/16/2023$489,000 Listed Price

Map


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522 Race Street # REAR, Cambridge, MD, 21613 is a Commercial Property for sale at $489,000 with 5,456 sqft and a lot size of 0.27. 522 Race Street # REAR is a studio with 0.0 baths and was built in 1945. The property's zip code is 21613 which is in Cambridge, MD