Homes for sale - 518 & 522 #REAR RACE ST, Cambridge, MD 21613

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Simone Velvel

simone@thevelvelgroup.com +1(703) 507-7614

Listed by Dylan Mezick • SVN/Miller Commercial Real Estate

$1,060,000

Est. payment - /mo

10,086 SqFt

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UPDATED:

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 10,086 sqft

Price per Sqft $105

MLS Listing ID MDDO2009054

Annual Tax Amount $4,359

Tax Year 2024

Lot Size 0.360 Acres

Acres 0.36

Property Sub-Type Other

Source BRIGHT

Property Description

Introducing an opportunity at 518 Race St in Cambridge, MD. This 4,630 SF building, built in 1925, offers exceptional potential for retail and street retail users. Zoned Downtown/Waterfront Development District, it allows for a versatile amount of uses for commercial ventures. With a strategic location in the heart of Cambridge, this property provides large amounts of traffic with great visibility. 5+/- Parking spots are available for customer use, along with street parking. Central A/C & lighting were replaced in 2018, the roof was recoated with silicone in 2021, a window unit helps provide A/C to the warehouse portion of the building, which also contains an 8 ft roll up door, a 48" X 96" rear commercial entrance door, 12' ceilings throughout, along with one restroom. The property features an open layout, with two large showcase windows for advertisement. This property can also be purchased together with 522 Race St #Rear. Deeded right a way to Muir Main. Front Room 96x25, Rear Storage 30x25, 1/2 bath 6x4, Way Back Storage 35x27. Overall Length 158x27+/-

522 Race St #REAR is a property consisting of 3 warehouse buildings in the heart of Cambridge, MD, these 3 buildings total up to 5456 SF offering versatile industrial warehouse space. The property was built in 1945. The first building is a block building (35' X 100') with two 12' roll up door, a ceiling height of 12', floor drain, a bathroom, newly updated 200 Amp electrical services, LED lighting, and a new propane heater. Building two (37' X 50') has one 12' fiberglass roll up door, and electricity present but not connected. Building three (22' X 19') has a double door entrance, and can be used as additional storage. The parking lot is paved and fenced with 2 - 16' entrances with double 8' gates. This property can be purchased with 518 Race St. All offers are encouraged!

Location

State MD

County Dorchester

Zoning DOWNTOWN

Interior

Hot Water Electric

Heating Heat Pump(s)

Cooling Heat Pump(s)

Heat Source Electric

Exterior

Garage Spaces 5.0

Water Access N

Accessibility None

Total Parking Spaces 5

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Dorchester County Public Schools

Others

Tax ID NO TAX RECORD

Ownership Fee Simple

SqFt Source Estimated

Special Listing Condition Standard

Read Less Info

"Simone's passion for real estate and her love for "The DMV" are a perfect match. She has made it her mission to help local residents sell their homes quickly and at the best possible prices. Equally, she takes immense pride in assisting homebuyers in finding their perfect piece of paradise in DC, Maryland and Virginia. "

+1(703) 507-7614

simone@thevelvelgroup.com

11003 Glueck Lane, Kensington, Maryland, 20895, USA

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518 & 522 #REAR RACE ST Cambridge, MD 21613