Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1930
Sq.Footage
N/A
Priced at just $224,900, this prime commercial building in downtown Cambridge, MD offers exceptional income potential and long-term upside. Situated on a prominent corner lot in a high-traffic area, the property currently features three separate units with the flexibility to convert into as many as five income-producing spaces as this building has 5 individual electrical meters. The main unit was leased at $2,200/month and operated as a restaurant/bar, but is in the process of vacating. This large unit could also be subdivided into three individual commercial spaces, significantly increasing the overall rental yield. Two additional units have been recently renovated and are located at the rear of the building. One is an upstairs unit well-suited for office or studio use, while the other is a ground-level storefront ideal for retail or service tenants. Both are currently being offered for lease. With its corner lot location, strong visibility, and flexible layout, this property presents an ideal opportunity for investors looking to expand their portfolio with a multi-unit asset in a growing market. Whether you're looking for immediate cash flow, future development potential, or a combination of both, this building checks all the boxes. Don’t miss out on this rare value-add opportunity in the heart of downtown Cambridge.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Ductless, Electric
-
Heating YN
YES
-
Heating
Electric
Exterior
-
Garage
No
-
Construction Materials
Block
-
Parking
On Street
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Features
Corner Lot
-
Lot Size(acres)
0.09
-
Property Type
Commercial Sale
-
Property Sub Type
Mixed Use
Price
-
Sales Price
$199,900
-
Tax Amount
1540.0
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
2
-
Accessibility Features
Accessible Hallway(s)
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
DORCHESTER
Elementary School
Middle School
High School
Listing Courtesy of Glenn Ross , Real Broker, LLC
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