Cambridge, MD 21613,837 CHESAPEAKE DR
Cambridge, MD 21613,837 CHESAPEAKE DR
Cambridge, MD 21613,837 CHESAPEAKE DR
$3,430,000
Est. payment /mo
$3,750,000
8.5%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

56,677 SqFt
SOLD DATE : 09/09/2024

Key Details

Sold Price $3,430,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Square Footage 56,677 sqft

Price per Sqft $60

Subdivision Route 50

MLS Listing ID MDDO2007168

Sold Date 09/09/24

Originating Board BRIGHT

Year Built 1986

Annual Tax Amount $23,804

Tax Year 2024

Lot Size 5.000 Acres

Acres 5.0

Property Description

Cambridge - income producing property on 5 +/- acres. Improvements include a 30,000+/- sq. ft. warehouse/industrial building currently configured into 3 spaces plus a retail showroom (Fire Marshall approved), fully sprinkled, upstairs offices plus a fenced yard area. Recent bathroom, roof and HVAC upgrades. LED lights throughout. Owner's office features heated floors.
Additional improvements include (4) 130' x 30' mini storage buildings plus a 150' x 55' climate controlled mini storage building, and (4) contractor units running at 95% to 98% occupancy. There is an additional fenced storage yard on the property. Nice signage and recent upgrades to the parking lot.
Just off Rt. 50 on the corner of Rt.16S and Chesapeake Drive.

Location

State MD

County Dorchester

Zoning I

Interior

Hot Water Electric

Heating Heat Pump(s), Forced Air

Cooling Ductless/Mini-Split

Flooring Concrete

Heat Source Electric, Natural Gas

Exterior

Garage Spaces 16.0

Waterfront N

Water Access N

Accessibility Other

Parking Type Parking Lot

Total Parking Spaces 16

Garage N

Building

Lot Description Cleared, Corner

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Dorchester County Public Schools

Others

Tax ID 1007192126

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

Read Less Info

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


Bright MLS (BMLS)
Listed by Valerie P Brown • Charles C. Powell, Inc. Realtors
Bought with Ida L Semenuk • Home Selling Assistance Plus, LLC

Jason Freeby

Real Estate Team Leader

+1(908) 443-1405

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.