Chestertown MD Commercial for Sale
$1,870,000
870 High Street Chestertown, MD 21620
- Type:
- General Commercial
- Sq.Ft.:
- 16,977
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1891
- Baths:
- MLS#:
- MDKE2004140
ADDITIONAL INFORMATION
Radcliffe Mill presents an exceptional opportunity for a savvy investor looking for value and a one-of-a-kind investment with endless possibilities. Transformed in a major restoration in 2007 The Mill building features four floors of office space and a 70+ seat restaurant. Additionally, there is an undeveloped Grain Elevator, parking for 65 vehicles, and a dedicated loading dock for the restaurant. Having played a significant role in Kent Countyâs agricultural landscape since 1694, Radcliffe Mill underwent a historic restoration in 2007, transforming it into its current use with over 16,000 square feet of finished space. The centerpiece is the four-story mill building, dating back to 1891. The restoration seamlessly blended modern amenities like an elevator, sprinkler system and HVAC systems, with original exposed beams and reclaimed flooring. While currently configured as office space across four floors, the property's zoning permits various uses, including conversion to apartments. Café Sado, a local sushi restaurant, is also housed within the mill building and has a long-term lease in place. All of the major restaurant equipment is included in the sale. The unfinished Grain Elevator, awaiting the creativity of a new buyer. Radcliffe Mill is on the National Register of Historic Places (see documents), and having previously received historic preservation tax credits a new owner could benefit from a shorter process for further property development and improvement tax credits. The property is also in a Maryland Enterprise Zone, and an Opportunity Zone and eligible for energy improvement incentive programs. Radcliffe Mill is strategically located one-mile from downtown Chestertown, a short walk along the rail trail, which used to run directly to the grain elevator. Founded in 1706 on the banks of the Chester River, Chestertown is home to Washington College. Located approximately 80 miles from Washington, DC and Philadelphia, PA and an hour from Wilmington, DE, Chestertown hosts a number of vibrant festivals throughout the year and an active arts and entertainment district. The property consists of two different parcels, and each parcel is being offered for sale separately, or the entire property can be purchased as a package. The sale of either 860 or 870 High Street individually is contingent on a lot line adjustment. Buyers requesting additional information must sign a Non-Disclosure Agreement.
- Type:
- General Commercial
- Sq.Ft.:
- 3,114
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1891
- Baths:
- MLS#:
- MDKE2004138
ADDITIONAL INFORMATION
The Annex/Seed House at Radcliffe Mill is a stunning, one of a kind space. Fully restored in 2007, with additional work done in 2017 to add a built out cafe space, The Annex/Seed House now houses a wellness center, complete with a café, wellness-related offices, and a spectacular studio. The property's zoning allows for a wide array of uses. Keep the space in its current configuration or build out into a full scale restaurant or transform it into office space or apartments. The Annex dates back to the early 1900s and The Seed House to the 1970s. Today, the blended building features soaring ceilings, exposed woodwork, and meticulously restored standing end 2x4 flooring. Presently, the building accommodates a diverse range of wellness practitioners, with the studio space and café awaiting the creative touch of a new occupant. The sale includes all café equipment, including refrigerators, freezer, ice maker, keg tap, a warming oven and more. Five of The Seed House offices are on the ground floor, with a sixth office on the second floor, along with additional storage and laundry facilities. Radcliffe Mill is on the National Register of Historic Places (see documents), and having previously received historic preservation tax credits a new owner could benefit from a shorter process for further property development and improvement tax credits. The property is also in a Maryland Enterprise Zone, and an Opportunity Zone and eligible for energy improvement incentive programs. Radcliffe Mill is strategically located one-mile from downtown Chestertown, a short walk along the rail trail, which used to run directly to the grain elevator. Founded in 1706 on the banks of the Chester River, Chestertown is home to Washington College. Located approximately 80 miles from Washington, DC and Philadelphia, PA and an hour from Wilmington, DE, Chestertown hosts a number of vibrant festivals throughout the year and an active arts and entertainment district. The property consists of two different parcels, and each parcel is also being offered for sale separately as well as together. The sale of 860 High Street alone is contingent on a lot line adjustment. Tax amounts will be adjusted upon completion of the lot line adjustment. Buyers requesting additional information must sign a Non-Disclosure Agreement.
- Type:
- Office
- Sq.Ft.:
- 22,400
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.51 Acres
- Year built:
- 1946
- Baths:
- 2.00
- MLS#:
- MDKE2003958
ADDITIONAL INFORMATION
Located on a highly traversed main road, this unassuming yet strategically located commercial office building offers a blend of functionality and convenience--reflected in the interior's generously sized offices and a conference room. The building's practicality extends to its exterior with room for ample parking and opportunities to install suitable landscaping. This property is all about getting the job done efficiently while maintaining a prominent presence on a main road for visibility and accessibility, making it an excellent choice for businesses of all types.
$1,250,000
206 Cannon Street Chestertown, MD 21620
- Type:
- Other
- Sq.Ft.:
- 2
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 1.56 Acres
- Year built:
- 1900
- Baths:
- MLS#:
- MDKE2003606
- Subdivision:
- Historic District Chestertown
ADDITIONAL INFORMATION
Extraordinary development opportunity in downtown historic Chestertown. Large parcel of land (1.56+/- acres) zoned C-2 (half R1 and half R5 zoning) many permitted uses such as Muliple-Family dwelling, Townhouses, professional and business offices, non-profit museums, and others. Includes 1 building (Warehouse) and property fronts on three streets. Excellent location-- just a few blocks to the Chester River water frontage, Parks, shops, restaurants, galleries and Washington College.
- Type:
- Other
- Sq.Ft.:
- 42,000
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.97 Acres
- Year built:
- 1960
- Baths:
- MLS#:
- MDKE2000776
ADDITIONAL INFORMATION
Commercial Development Site on busy MD Rte 213, Prime location across from new Starbucks and Washington College Campus. Approx 1 acre, zoned C-3. Suitable for retail, restaurant, service uses. Water and sewer available.
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Chestertown Real Estate
The median home value in Chestertown, MD is $394,000. This is higher than the county median home value of $301,300. The national median home value is $338,100. The average price of homes sold in Chestertown, MD is $394,000. Approximately 42.33% of Chestertown homes are owned, compared to 50.71% rented, while 6.96% are vacant. Chestertown real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Chestertown real estate agent to arrange a tour today!
Chestertown, Maryland has a population of 5,557. Chestertown is less family-centric than the surrounding county with 10.61% of the households containing married families with children. The county average for households married with children is 15.86%.
The median household income in Chestertown, Maryland is $44,665. The median household income for the surrounding county is $64,451 compared to the national median of $69,021. The median age of people living in Chestertown is 39.1 years.
Chestertown Weather
The average high temperature in July is 87 degrees, with an average low temperature in January of 25.4 degrees. The average rainfall is approximately 45.1 inches per year, with 13.9 inches of snow per year.