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522 Race Street Cambridge, MD $ 479,900
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$ 479,900 Get more info
522 Race Street
$ 479,900
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522 Race Street

Cambridge, MD, 21613
$ 479,900
Baths0.0 Sq 7,864

Monthly Estimate*

$ 3,352

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Studio

Commercial Property for sale in Cambridge, MD

for $479,900. This 7,864 square foot building was built in 1920 on a lot size of 0.16.

Cambridge - this is a lot of building for the entrepreneurial soul! Be part of the continuing renaissance of downtown Cambridge. The original structure was built in 1920 with several additions. In the past it was Johnny's Shoe Store and the Bennie Smith Funeral home. The first floor is approximately 5,300 square feet with a reception area , offices/conference/meeting rooms, workrooms, a kitchen area and men and women's bathrooms. Second floor is approximately 2820 square feet and is currently two apartments- 3BR, 1 bath each (further approvals by City of Cambridge may be needed for tenant occupancy), There is a small gravel parking area behind the building plus the building is right next door to a large, free municipal parking lot. Efficient natural gas heat.

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Commercial Pending

Price

$ 479,900

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 7,747

Style

Apartment Building,Flex,Funeral Home,Hair Salon an

Lot Size

0.16

Year Built

1920

Town/City

Cambridge

County/Region

Dorchester

MLS | Web ID

MDDO2006636
Features
Interior
Heating Fuel Natural Gas
Hot Water Electric
Total Stories 2
Heating Y/N Y
Street Suffix STREET
Central Air Y/N Y
Number of Elevators 0
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General
Sewer Public Sewer
Heating Forced Air
Cooling Central A/C
Possession Settlement
Zoning DWDD
Construction Materials Block
Year Built 1920
Property SubType Mixed Use
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
Municipality Cambridge
Business Type Apartment Building Flex Funeral Home Hair Salon and Spa Medical Other/General Retail Professional Restaurant/Bar
Accessibility Level Entry - Main
County DORCHESTER
New Construction N
Property Type Commercial Sale
Subdivision Name RACE STREET
Water Access Y/N N
Status PENDING
Directions use GPS
City CAMBRIDGE
Buyer Agent Compensation 2.5
Zoning Description Downtown/Waterfront Development District
Total Units 1
Lot Size Square Feet 6886.00
Waterfront Y/N N
Street Name RACE
Tax Annual Amount 7747.0
Price Per Sq Ft 61.02
Vacation Rental Y/N N
Days on Market 42
Location Type Downtown
Standard Status Pending
Year Built Source Assessor
Buyer Agent Compensation Type % Of Gross
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Exterior
Water Source Public
Type of Parking Off Site Parking Lot
Water View Y/N N
Building Area Total 7864.00
Lot Size Acres 0.16
Lot Size Units Square Feet
Lot Size Source Estimated
Land Assessed Value 34400.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 522
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* Excluded Features
List By
Powell Realtors

Broker

valbrownrealtor@gmail.com

Email

Affordability Calculator

$3,998
Per Month
84%
16%
0%
Monthly Principal & Interest
$3,352
Monthly Property Taxes
$646
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
See complete school information
Pricing History
DatePricePrice ChangeDescription
2/27/2024$479,900 Listed Price

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522 Race Street, Cambridge, MD, 21613 is a Commercial Property for sale at $479,900 with 7,864 sqft and a lot size of 0.16. 522 Race Street is a studio with 0.0 baths and was built in 1920. The property's zip code is 21613 which is in Cambridge, MD

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