100 S Main Street Galena, MD $ 230,000
100 S Main Street
$ 230,000
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100 S Main Street

Galena, MD, 21635
$ 230,000
Baths0.0 Sq 2,112

Monthly Estimate*

$ 1,607

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Studio

Commercial Property for sale in Galena, MD

for $230,000. This 2,112 square foot building was built in 1900 on a lot size of 0.12.

Investment Opportunity!!! Located on Main St. in downtown Galena, Maryland, the main level includes a retail opportunity (formerly a bakery "Oh So Sweet Confectionery") in addition to a spacious upper level 2 bedroom apartment. Main level details include laminate flooring throughout, a spacious sitting room, counter area, kitchen, kitchen back room with industrial sinks and propane cooking, bathroom, in addition to a bonus room which could be utilized for many options. The upper level apartment (Main Street and rear access stair entry) is currently leased month to month and includes 2 bedrooms, a full bath, living room, dining room and kitchen. (Washer/dryer hookups are located in the bathroom) Property upgrades include new roof added in 2019, exterior paint (2018), laminate flooring added 2016 (main and upper levels), some newer windows on main level (2018), upper level propane furnace (2020), upper level water heater (2019), upper level propane stove (2019) and upper level deck which was added in 2018. Additional property details include a off street rear parking lot with ample parking. **Please Note--It is the responsibility of the buyer and/or buyer's agent to perform their due diligence with the town and county to determine what uses are acceptable** If you are searching for an opportunity to start or relocate your business with rental potential to offset your mortgage, your search is over...100 S Main Street...your business dream awaits!!! The seller is open to holding the mortgage, offering an interest rate below the commercial market, with negotiable terms.

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Commercial Active

Price

$ 230,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 1,796

Style

General Retail

Lot Size

0.12

Year Built

1900

Town/City

Galena

County/Region

Kent

MLS | Web ID

MDKE2003236

Features
Interior
Heating Fuel Electric Propane - Leased
Flooring Laminated Vinyl
Hot Water Electric
Heating Y/N Y
Street Suffix STREET
Central Air Y/N Y
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General
Sewer Public Sewer
Heating Heat Pump - Electric BackUp Forced Air
Cooling Central A/C Window Unit(s)
Utilities Cable TV Available
Possession Settlement
Roof Architectural Shingle
Zoning C3
Security Features Carbon Monoxide Detector(s) Smoke Detector
Construction Materials Vinyl Siding
Exclusions Apartment Washer/Dryer Refrigerator (Apt)
Year Built 1900
Electric Circuit Breakers
Property SubType Mixed Use
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
Municipality Galena
Business Type Other/General Retail
Accessibility None
County KENT
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions From Elkton MD head south on MD-213/Augustine Herman Hwy. Travel approximately 20 miles property is located on right. Sign on property. NOTE: The seller is open to holding the mortgage offering an
City GALENA
Buyer Agent Compensation 2.5
Total Units 1
Lot Size Square Feet 5303.00
Waterfront Y/N N
Street Name MAIN
Tax Annual Amount 1796.0
Property Condition Very Good
Price Per Sq Ft 108.9
Acceptable Financing Cash Conventional
Historic Y/N N
Lease Considered Y/N N
Vacation Rental Y/N N
Days on Market 184
Location Type Downtown
Standard Status Active
Year Built Source Assessor
Buyer Agent Compensation Type % Of Gross
Association Recreation Fee N
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Exterior
Parking Features Private
Lot Features Corner
Water Source Public
Inclusions 3 Window A/C Units (AS IS) Apartment Propane Range Main Level Counter
Type of Parking Parking Lot
Water View Y/N N
Building Area Total 2112.00
Lot Size Acres 0.12
Road Surface Type Paved
Lot Size Units Square Feet
Lot Size Source Assessor
Other Equipment Negotiable
Road Responsibility City/County
Land Assessed Value 90100.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 100
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* Excluded Features
List By
Re/Max Chesapeake

Broker

wlj3@comcast.net

Email

Affordability Calculator

$1,756
Per Month
91%
9%
0%
Monthly Principal & Interest
$1,607
Monthly Property Taxes
$150
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/13/2024$230,000 -8.00% Price Down
10/17/2023$250,000 Listed Price

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100 S Main Street, Galena, MD, 21635 is a Commercial Property for sale at $230,000 with 2,112 sqft and a lot size of 0.12. 100 S Main Street is a studio with 0.0 baths and was built in 1900. The property's zip code is 21635 which is in Galena, MD