Chestertown, MD 21620,503 WASHINGTON AVE
Chestertown, MD 21620,503 WASHINGTON AVE
Chestertown, MD 21620,503 WASHINGTON AVE
$459,000
Est. payment /mo
$499,000
8.0%
Est.Price: ?

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3,940 SqFt
SOLD DATE : 06/30/2016

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

Waterfront N

Water Access N

Parking Type None

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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Bright MLS (BMLS)
Listed by Kevin J Dey • Kevin Dey Realty
Bought with Herschell B Claggett • Davis Real Estate, Inc.

Jason Freeby

Real Estate Team Leader

+1(908) 443-1405

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