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520 Race Street Cambridge, MD $ 850,000
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$ 850,000 Get more info
520 Race Street
$ 850,000
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520 Race Street

Cambridge, MD, 21613
$ 850,000
Baths0.0 Sq 5,276

Monthly Estimate*

$ 5,938

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Studio

Commercial Property for sale in Cambridge, MD

for $850,000. This 5,276 square foot building was built in 1905 on a lot size of 0.14.

Cambridge - turn key restaurant! Outstanding opportunity to purchase a growing, on going successful, restaurant in historic downtown. This includes all equipment, fixtures, name, good will and the building. Lil' Bitta Bull BBQ has occupied this space for 3 years with increased revenue every year. Owner will continue operating this outstanding restaurant until the new owner is on board. Seller will also consider purchase of the business and lease of the building. Additional income - second floor is leased as an entertainment venue - Ax Throwing - a sport that continues to grow. Loads of parking is provided in the free municipal parking lot just steps away.

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Commercial Active

Price

$ 850,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 3,894

Style

Restaurant/Bar,Professional,Banquet Facility/Lodge

Lot Size

0.14

Year Built

1905

Town/City

Cambridge

County/Region

Dorchester

MLS | Web ID

MDDO2006656
Features
Interior
Heating Fuel Electric
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(s)
Cooling Central A/C
Possession Settlement
Zoning DWDD
Construction Materials Block
Year Built 1905
Property SubType Special Purpose
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
Municipality Cambridge
Business Type Restaurant/Bar Professional Banquet Facility/Lodge Other/General Retail
Accessibility Level Entry - Main
County DORCHESTER
New Construction N
Property Type Commercial Sale
Subdivision Name RACE STREET
Water Access Y/N N
Status ACTIVE
Directions use GPS
City CAMBRIDGE
Buyer Agent Compensation 2.5
Zoning Description Downtown/Waterfront Development District
Total Units 1
Lot Size Square Feet 6018.00
Waterfront Y/N N
Street Name RACE
Tax Annual Amount 3894.0
Property Condition Excellent
Price Per Sq Ft 161.11
Vacation Rental Y/N N
Days on Market 10
Location Type Downtown
Standard Status Active
Year Built Source Assessor
Buyer Agent Compensation Type % Of Gross
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Exterior
Water Source Public
Type of Parking Off Site
Water View Y/N N
Building Area Total 5276.00
Lot Size Acres 0.14
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 30000.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 520
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* Excluded Features
List By
Powell Realtors

Broker

valbrownrealtor@gmail.com

Email

Affordability Calculator

$6,262
Per Month
95%
5%
0%
Monthly Principal & Interest
$5,938
Monthly Property Taxes
$325
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
4/8/2024$850,000 Listed Price

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520 Race Street, Cambridge, MD, 21613 is a Commercial Property for sale at $850,000 with 5,276 sqft and a lot size of 0.14. 520 Race Street is a studio with 0.0 baths and was built in 1905. The property's zip code is 21613 which is in Cambridge, MD

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