Back to search
518 Race Street Cambridge, MD $ 689,000
Share Save
$ 689,000 Get more info
518 Race Street
$ 689,000
Back to search
Share Save

518 Race Street

Cambridge, MD, 21613
$ 689,000
Bedrooms-- Baths-- Sq 4,630

Monthly Estimate*

$ 4,298

518 Race Street, Cambridge, MD 21613 - Image 1
518 Race Street, Cambridge, MD 21613 - Image 2
518 Race Street, Cambridge, MD 21613 - Image 3
518 Race Street, Cambridge, MD 21613 - Image 4
518 Race Street, Cambridge, MD 21613 - Image 5
518 Race Street, Cambridge, MD 21613 - Image 6
518 Race Street, Cambridge, MD 21613 - Image 7
518 Race Street, Cambridge, MD 21613 - Image 8
518 Race Street, Cambridge, MD 21613 - Image 9
518 Race Street, Cambridge, MD 21613 - Image 10
518 Race Street, Cambridge, MD 21613 - Image 11
518 Race Street, Cambridge, MD 21613 - Image 12
518 Race Street, Cambridge, MD 21613 - Image 13
518 Race Street, Cambridge, MD 21613 - Image 14

Commercial Property for sale in Cambridge, MD

for $689,000. This 4,630 square foot building was built in 1925 on a lot size of 0.09.

Introducing an opportunity at 518 Race St in Cambridge, MD. This 4,630 SF building, built in 1925, offers exceptional potential for retail and street retail users. Zoned Downtown/Waterfront Development District, it allows for a versatile amount of uses for commercial ventures. With a strategic location in the heart of Cambridge, this property provides large amounts of traffic with great visibility. 5+/- Parking spots are available for customer use, along with street parking. Central A/C & lighting were replaced in 2018, the roof was recoated with silicone in 2021, a window unit helps provide A/C to the warehouse portion of the building, which also contains an 8 ft roll up door, a 48" X 96" rear commercial entrance door, 12' ceilings throughout, along with one restroom. The property features an open layout, with two large showcase windows for advertisement. This property can also be purchased together with 522 Race St #Rear. Deeded right a way to Muir Main. Front Room 96x25, Rear Storage 30x25, 1/2 bath 6x4, Way Back Storage 35x27. Overall Length 158x27+/-. All offers are encouraged!

See more
Commercial Active

Price

$ 689,000

Property Type

Commercial

Taxes

$ 2,237

Style

Big Box Retail,Flex,Hair Salon and Spa,Health Club

Lot Size

0.09

Year Built

1925

Town/City

Cambridge

County/Region

Dorchester

MLS | Web ID

MDDO2009050
Features
Interior
Heating Fuel Electric
Hot Water Electric
Heating Y/N Y
Central Air Y/N N
Total Restrooms 1
See more
General
Sewer Public Sewer
Heating Heat Pump(s)
Cooling Heat Pump(s)
Possession 31-60 Days CD
Zoning DOWNTOWN
Construction Materials Block
Year Built 1925
Property Subtype Retail
Tax Year 2024
Ownership Fee Simple
Cool Fuel Electric
Municipality Cambridge
Business Type Big Box Retail Flex Hair Salon and Spa Health Club Medical Other/General Retail Professional Restaurant/Bar Other
Accessibility 2+ Access Exits
County DORCHESTER
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions RT 50 E Right on Cedar St Right on Race St
City CAMBRIDGE
Lot Size Units Square Feet
Lot Size Square Feet 4040.00
Tax Annual Amount 2237.0
Price Per Sq Ft Total AG 148.81
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
See more
Exterior
Water Source Public
Type of Parking Parking Lot
Water View Y/N N
Building Area Total 4630.00
Lot Size Acres 0.09
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 20200.00
Navigable Water Y/N N
Water Oriented Y/N N
See more
Internal Only
Street Number 1 518
See more
* Excluded Features
List By
Svn/Miller Commercial Real Estate

Broker

dylan.mezick@svn.com

Email

Affordability Calculator

$4,485
Per Month
96%
4%
0%
Monthly Principal & Interest
$4,298
Monthly Property Taxes
$186
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
2/27/2025$689,000 Listed Price

Map

More homes like this one

homes for you

See all
See all

518 Race Street, Cambridge, MD, 21613 is a Commercial Property for sale at $689,000 with 4,630 sqft and a lot size of 0.09. 518 Race Street was built in 1925. The property's zip code is 21613 which is in Cambridge, MD

Get more info