$459,000
$499,000
8.0%For more information regarding the value of a property, please contact us for a free consultation.
503 WASHINGTON AVE Chestertown, MD 21620
3,940 SqFt
Key Details
Sold Price $459,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 3,940 sqft
Price per Sqft $116
Subdivision Chestertown
MLS Listing ID 1000480007
Sold Date 06/30/16
HOA Y/N N
Originating Board MRIS
Year Built 1959
Annual Tax Amount $6,787
Tax Year 2015
Lot Size 0.424 Acres
Acres 0.42
Property Description
Great investment opportunity. Well located commercial multi unit free standing building directly across from main entrance of Washington College. Currently has two tenants - a Smoothie Cafe and a Regional Bank on long term lease. Additional space available in rear of building with an overhead door. 9% Cap Rate! Call for income/expense figures. 24-48 hours notice to show
Location
State MD
County Kent
Zoning C-3
Interior
Fireplace N
Exterior
Water Access N
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
High Schools Kent County
School District Kent County Public Schools
Others
Tax ID 1504009002
Ownership Fee Simple
Special Listing Condition Standard
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Bought with Herschell B Claggett • Davis Real Estate, Inc.
