$1,150,000
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Address not provided Cambridge, MD 21613 Municipality: Cambridge
Office
Residence
Beds
Baths
8,000
Sq. Ft.
1.06
Acre
Lot
Property Activity
Time on Site
days
Days on Market
Views
Saves
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 ver...y 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
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MLS#
MDDO2006526
Property Type
Office
Year Built
1986
Square Feet
8,000
sq. ft
Price per Sq. Ft.
$137.10
Lot Size
1.06
Sewer
Public Sewer
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