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Marjorie Dick Stuart

  • Cell 240-731-8079
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N/A, CAMBRIDGE, MD – $1,150,000

  • $1.2M Price
  • 8,000 Sqft
  • 1.06 Acres
  • 306 DOM
  • $1.2M Price
  • 8,000 Sqft
  • 1.06 Acres
  • 306 DOM

(Undisclosed Address)

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

Essential Information

  • MLS® #MDDO2006526
  • Price$1,150,000
  • Bathrooms0.00
  • Square Footage8,000
  • Acres1.06
  • Year Built1986
  • TypeCommercial Sale
  • Sub-TypeOffice
  • StatusActive

Community Information

  • AddressN/A
  • CityCAMBRIDGE
  • CountyDORCHESTER-MD
  • StateMD
  • MunicipalityCambridge
  • Zip Code21613

Amenities

Utilities

Electric Available, Cable TV Available, Phone Available, Sewer Available, Water Available

Parking

Handicap Parking, Lighted Parking, Paved Parking, Private

Interior

  • HeatingHeat Pump(s)

Cooling

Central A/C, Heat Pump(s), Zoned

Exterior

  • ExteriorBrick and Siding
  • RoofArchitectural Shingle
  • FoundationSlab

School Information

  • HighCAMBRIDGE-SOUTH DORCHESTER

District

DORCHESTER COUNTY PUBLIC SCHOOLS

Additional Information

  • Date ListedJanuary 25th, 2024
  • Days on Market306
  • ZoningCORRIDOR MIXED-USE

Listing Details

  • Office Contact410-543-2440

Office

SVN |Miller Commercial Real Estate

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Listing information last updated on November 25th, 2024 at 10:31am CST.