518 & 522 #REAR Race Street Cambridge, MD $ 1,060,000
518 & 522 #REAR Race Street
$ 1,060,000
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518 & 522 #REAR Race Street

Cambridge, MD, 21613
$ 1,060,000
Bedrooms-- Baths-- Sq 10,086

Monthly Estimate*

$ 6,613

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Commercial Property for sale in Cambridge, MD

for $1,060,000. This 10,086 square foot building was built in 1492 on a lot size of 0.36.

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+/- 522 Race St #REAR is a property consisting of 3 warehouse buildings in the heart of Cambridge, MD, these 3 buildings total up to 5456 SF offering versatile industrial warehouse space. The property was built in 1945. The first building is a block building (35' X 100') with two 12' roll up door, a ceiling height of 12', floor drain, a bathroom, newly updated 200 Amp electrical services, LED lighting, and a new propane heater. Building two (37' X 50') has one 12' fiberglass roll up door, and electricity present but not connected. Building three (22' X 19') has a double door entrance, and can be used as additional storage. The parking lot is paved and fenced with 2 - 16' entrances with double 8' gates. This property can be purchased with 518 Race St. All offers are encouraged!

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Commercial Active

Price

$ 1,060,000

Property Type

Commercial

Taxes

$ 4,359

Style

General Retail

Lot Size

0.36

Year Built

1492

Town/City

Cambridge

County/Region

Dorchester

MLS | Web ID

MDDO2009054

Features
Interior
Heating Fuel Electric
Hot Water Electric
Heating Y/N Y
Central Air Y/N N
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General
Sewer Public Sewer
Heating Heat Pump(s)
Cooling Heat Pump(s)
Possession 31-60 Days CD
Zoning DOWNTOWN
Construction Materials Block
Year Built 1492
Property Subtype Other
Tax Year 2024
Ownership Fee Simple
Cool Fuel Electric
Business Type Other/General Retail
Accessibility None
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 15694.00
Tax Annual Amount 4359.0
Price Per Sq Ft Total AG 105.1
Vacation Rental Y/N N
Standard Status Active
Year Built Source Estimated
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Exterior
Water Source Public
Type of Parking On Street
Water View Y/N N
Building Area Total 10086.00
Lot Size Acres 0.36
Lot Size Source Estimated
Waterfront Y/N N
Land Assessed Value 55100.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 518
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* Excluded Features
List By
Svn/Miller Commercial Real Estate

Broker

dylan.mezick@svn.com

Email

Affordability Calculator

$6,976
Per Month
95%
5%
0%
Monthly Principal & Interest
$6,613
Monthly Property Taxes
$363
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.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/27/2025$1,060,000 Listed Price

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518 & 522 #REAR Race Street, Cambridge, MD, 21613 is a Commercial Property for sale at $1,060,000 with 10,086 sqft and a lot size of 0.36. 518 & 522 #REAR Race Street was built in 1492. The property's zip code is 21613 which is in Cambridge, MD