(Undisclosed Address), CAMBRIDGE

$1,150,000

0 Beds
0 Baths
8,000 Sqft
1.06 Acres
0 Garages

This investment opportunity is anchored by a strong regional bank which could fit well as an investment for a business owner/occupant/investor who could occupy the vacant space and have a regional bank as your tenant with the rental income essentially paying for your mortgage! It could also fit very well in the traditional investor's existing portfolio. The property consists of a multi-tenant property in a well-known location in the up-and-coming Cambridge, MD currently going through a renaissance. The property is strategically located just 2-minutes from the historic charming downtown Cambridge and less than 60-seconds from the newly redeveloped "Cambridge Marketplace" with new tenants such as Starbucks, Chick-fil-a, and the future (under construction) home of University of Maryland Shore Medical Center (formerly Dorchester General Hospital).

The property is anchored by a strong regional Bank, Summit Financial, and has been well maintained with the landscaping and parking lot recently completed, new HVAC units installed, and the interior of the bank fully remodeled in 2021. There is a high barrier to entry for banks in today's market and this has been a well-established bank location for nearly 40-years!

High credit tenant / Well-known location / Very well maintained / Attractive curb appeal

Essential Information
MLS® #MDDO2006526
Price$1,150,000
Bathrooms0.00
Square Footage8,000
Acres1.06
Year Built1986
TypeCommercial Sale
Sub-TypeOffice
StatusActive
Community Information
AddressN/A
CityCAMBRIDGE
CountyDORCHESTER-MD
StateMD
MunicipalityCambridge
Zip Code21613
Utilities

Electric Available, Cable TV Available, Phone Available, Sewer Available, Water Available

Parking

Handicap Parking, Lighted Parking, Paved Parking, Private

Interior
HeatingHeat Pump(s)
Cooling

Central A/C, Heat Pump(s), Zoned

Exterior
ExteriorBrick and Siding
RoofArchitectural Shingle
FoundationSlab
School Information
HighCAMBRIDGE-SOUTH DORCHESTER
District

DORCHESTER COUNTY PUBLIC SCHOOLS

Additional Information
ZoningCORRIDOR MIXED-USE
Listing Details
Office Contact410-543-2440
Office

SVN |Miller Commercial Real Estate

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Listing information last updated on December 23rd, 2024 at 2:00pm EST.

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