202 High St - Storefront Retail/Office FOR SALE


Chestertown, MD 21620
$2,300,000 USD
202-607-6762
202 High St, Chestertown, MD for Sale
$2,300,000 USD
Storefront Retail/Office - FOR SALE
1/24
null | Request Cap Rate

202 High St
Chestertown, MD 21620


HIGHLIGHTS

  • Turnkey, fully renovated
  • Fully occupied
  • High Street storefronts

OVERVIEW

Fully occupied mixed-use investment property in the heart of downtown Chestertown. 200/202/204 High Street was renovated to the studs in 2022, from top to bottom, and is a solid investment property in a prime location. Three High Street commercial spaces, five apartments and off street parking for 6 vehicles provide solid rental income. The renovations included the replacement of the following: roof, windows (Jeld Wen Auralast with a lifetime warranty on the wood), plumbing, electric, HVAC, and all interior kitchens, baths, finishes and appliances. Apartments are metered so that tenants pay their own utilities, including water/sewer. Washers, dryers and dishwashers in each apartment. Four apartments are rented full-time and one is used a very successful short term rental. Financial information available upon execution of a confidentiality agreement. Please do not disturb the tenants and do not disrupt the commercial tenants' operations. Additional photos and floorpans available.

FOR SALE DETAILS

PRICE

$2,300,000 USD

PRICE/SF

$274 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

undefined, Storefront, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1860

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

C2

APN/PARCEL ID

04-008952

ASK ABOUT THIS PROPERTY

Julie SantoboniTaylor PropertiesMore Info
202-607-6762

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Julie SantoboniTaylor PropertiesMore Info
202-607-6762

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.