Cambridge, MD 21613,627 RACE ST
Cambridge, MD 21613,627 RACE ST
Cambridge, MD 21613,627 RACE ST
$3,650,000
Est. payment /mo
$3,990,000
8.5%
Est.Price: ?

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41,436 SqFt
SOLD DATE : 12/19/2022

Key Details

Sold Price $3,650,000

Property Type Commercial

Sub Type Office

Listing Status Sold

Purchase Type For Sale

Square Footage 41,436 sqft

Price per Sqft $88

MLS Listing ID MDDO2002374

Sold Date 12/19/22

Originating Board BRIGHT

Year Built 1998

Annual Tax Amount $60,541

Tax Year 2022

Lot Size 1.470 Acres

Acres 1.47

Property Description

41,436 +/- SF of well-maintained Class A professional space located in Cambridge, MD. This 3-story, all brick building features multiple conference rooms, reception areas, and office space able to be demised as needed. Each floor is approximately 13,812 +/- SF with elevator access. The property is on a 1.47 acre lot with 108 asphalt paved parking spaces. In addition, the property features recent HVAC and electrical fixture improvements contributing to reduced overall electrical usage costs. The property is located within a Qualified Opportunity Zone.

Location

State MD

County Dorchester

Zoning DOWNTOWN WATERFRONT DEV

Interior

Hot Water Electric

Heating Forced Air

Cooling Central A/C

Heat Source Electric

Exterior

Garage Spaces 108.0

Waterfront N

Water Access N

Roof Type Flat

Accessibility Elevator

Parking Type Parking Lot

Total Parking Spaces 108

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Dorchester County Public Schools

Others

Tax ID 1007192916

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Chelsye Phillips-Hutton • NAI Coastal
Bought with John C Davis • NAI Coastal

Jason Freeby

Real Estate Team Leader

+1(908) 443-1405

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