For Sale: Historic 1917 Courthouse in Cambridge, Maryland Don’t miss this unique opportunity to own a stunning 1917 three-story historic courthouse, currently leased by the State of Maryland! This beautiful property combines classic architecture with a modern interior, making it an attractive investment. Property Features: Active Courthouse: Fully operational and 100% leased to the State of Maryland, including courtrooms, office space, and holding cells. On-Site Parking: Convenient on-site parking and an attached garage for ease of access. Strong Lease History: Tenants have occupied the building since the early 1990s, ensuring stability and reliability. Current leases expire in about a year and a half, with plans for a 10-year lease renewal anticipated, including a rent increase. Investment Potential: Current rents are slightly below market rate, presenting an excellent opportunity for a buy-and-hold strategy. Increase rents to achieve a better cap rate! Ideal for 1031 Exchange: This property is a perfect option for those looking to leverage a 1031 exchange, combining historic charm with solid cash flow potential. Location: Situated in the heart of Cambridge, Maryland, this courthouse is surrounded by a vibrant community and easy access to local amenities.