Saint Michaels, MD 21663,107 TALBOT STREET
Saint Michaels, MD 21663,107 TALBOT STREET
$685,000
Est. payment /mo
$649,000
5.5%
Est.Price: ?

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2,500 SqFt
SOLD DATE : 06/10/2022

Key Details

Sold Price $685,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Square Footage 2,500 sqft

Price per Sqft $274

MLS Listing ID MDTA2002276

Sold Date 06/10/22

Originating Board BRIGHT

Year Built 1988

Annual Tax Amount $5,000

Tax Year 2020

Lot Size 1,000 Sqft

Acres 0.02

Lot Dimensions 50

Property Description

Mixed Use property in Downtown St Michaels on Talbot Street with 3 apartments on the second floor, retail space on the first floor, and parking in the rear. This property is in the heart of the downtown retail area. Could be either a investment property or owner operated with income producing apartments on the second floor.

The of the proposed subdivided parcel, 107 Talbot Street have directed me to send this the following note. I will also put in the MLS the same instructions. The Sellers require ALL "Best and Final" CONTRACT OFFERS, including contract Price and Terms, by 3pm on Friday 2/25/22. The SELLER also requires the following as a part of the said contract offer:
- Settlement date in said contract offer should be 90 days or sooner if agreed to in writing by the parties.
- Settlement contingent on Sellers successful subdivision of property known as 105 Talbot St, tax parcel 02-063689, and the Buyers acceptance of herein subdivision of the same, prior to settlement
. - BUYERS to pay all County, State and Local transfers and recordation fees at settlement only

Once Contract Offers are received, ALL Contract Offers will be present to the Estate Representatives for review. Thank you for your interest in the Property.

Location

State MD

County Talbot

Zoning C-3

Interior

Hot Water Electric

Heating Wall Unit

Cooling Central A/C, Ductless/Mini-Split

Heat Source Electric, Propane - Leased

Exterior

Garage Spaces 3.0

Waterfront N

Water Access N

Roof Type Asphalt

Accessibility Other

Parking Type Parking Lot

Total Parking Spaces 3

Garage N

Building

Lot Description Backs - Open Common Area, Zero Lot Line

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Talbot County Public Schools

Others

Tax ID 063689

Ownership Fee Simple

SqFt Source Estimated

Special Listing Condition Other

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Bright MLS (BMLS)
Listed by Craig S Linthicum • Benson & Mangold, LLC
Bought with Kimberly J Crouch • Benson & Mangold, LLC

Jason Freeby

Real Estate Team Leader

+1(908) 443-1405

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