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Key Details
Sold Price $675,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 3,600 sqft
Price per Sqft $187
MLS Listing ID MDKE2000588
Sold Date 05/05/22
HOA Y/N N
Originating Board BRIGHT
Year Built 1927
Annual Tax Amount $1,759
Tax Year 2021
Lot Size 1,145 Sqft
Acres 0.03
Property Description
Investment incentives and opportunities abound with this completely renovated mixed use building in the heart of downtown Chestertown. Currently receiving an Enterprise Zone property tax credit and eligible for a Federal Historic Preservation Tax Credit.
Unparalleled location for office space and downtown living in Chestertown. Top to bottom renovation, with no expense spared. Everything in the building is new with the exception of the windows, which were restored and like new. Total square footage of the 4 floors is approximately 3,600 sq feet.
Commercial space offers 7 private offices, reception area, conference room, kitchenette, storage room and 3 half baths. Office space encompasses the first floor and finished basement. Historic restoration with original character and new infrastructure. Soundproofing between rooms and floors, monitored fire alarm system. Set up for CAT-5 wiring and wall-mounted video displays.
The residential apartment is located on the 2nd and 3rd floors. High end finishes throughout. Refinished wood floors, a combination of new and old wood doors and beams encased in reclaimed wood give the apartment add to the apartment's warmth. The kitchen is compact, but with copious storage, granite counters, a Carrara marble backsplash, stainless steel appliances and a custom wood-trimed ceiling and. 4 bedrooms, 2.5 baths with a common living area on each floor, as well as a private balcony offering a prime view of downtown Chestertown.
Apartment is subject to current lease (through July 2022), commercial space is currently unoccupied.
Commercial space also available for rent, either the entire space or parts of the suite.
Location
State MD
County Kent
Zoning C-2
Interior
Hot Water Electric
Heating Heat Pump(s)
Cooling Central A/C
Flooring Wood, Ceramic Tile
Heat Source Electric
Exterior
Garage Spaces 10.0
Waterfront N
Water Access N
View Park/Greenbelt
Roof Type Architectural Shingle
Accessibility 2+ Access Exits
Parking Type On Street
Total Parking Spaces 10
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Kent County Public Schools
Others
Tax ID NO TAX RECORD
Ownership Fee Simple
SqFt Source Estimated
Security Features Fire Detection System,Smoke Detector
Acceptable Financing Cash, Bank Portfolio, Conventional
Listing Terms Cash, Bank Portfolio, Conventional
Financing Cash,Bank Portfolio,Conventional
Special Listing Condition Standard
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Bought with Lisa P Raffetto • Coldwell Banker Chesapeake Real Estate Company