MLS MDDO2006526 | Listing Information | Nestfully
Courtesy: Wesley Cox - SVN |Miller Commercial Real Estate; Phone: 4105432440
FOR SALE
$1,150,000

Address Not Available from Listing Broker
Cambridge, MD 21613

8,388
Sq. Ft.
1.06
Acres Lot
Office, Business Opportunities
102 days on Nestfully 14 views
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 very 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
MDDO2006526
Office, Business Opportunities
Other
1986
DORCHESTER
1.06 Acres
Public
Brick
Public Sewer
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Courtesy: Wesley Cox - SVN |Miller Commercial Real Estate; Phone: 4105432440
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