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Property Description

INVESTOR ALERT! This prime retail space is located in the heart of downtown St. Michaels amongst shopping and fine dining. The property is currently under a triple net lease, the annual net income is $57,402 with the annual gross revenue being $71,892! The building was built in 1987 consisting of 3,979+/- sqft of commercial space. The first floor has been modernized and opened up making it a perfect retail space. The second floor consists of 3-offices and an open area. There is the potential to create a short-term rental on the 2nd floor once the tenants lease has expired/terminated. The building backs to a large public parking lot, perfect for customer parking and use for delivery trucks.

Overview

Property Status
Sold
Date Sold
December 29, 2023
Lot Size
3,838 Sq.Ft.
MLS ID
MDTA2006158
Property Type
Commercial
Year Built
1987

Features & Amenities

Total Area
3,979 Sq.Ft.
Neighborhood
St. Michaels
Water Source
Public
Heat Type
Electric
Air Conditioning
Heat Pump
Appliances
Electric Water Heater
Sewer
Public Sewer
School District
TALBOT COUNTY PUBLIC SCHOOLS
Sales Price
$850,000
Real Estate Tax
$7,294/yr
Zoning
C

Downloads

210 N Talbot St

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I would love to help you see this beautiful home! As a full-service brokerage, I can help you tour. Please submit an offer, and answer questions about the buying process.

By providing your contact information to Alicia Dulin, your personal information will be processed in accordance with Alicia Dulin's Privacy Policy. By checking the box(es) below, you expressly consent to receive marketing or promotional real estate communication from Alicia Dulin in the manner selected by you. For SMS text messages, message frequency varies. Message and data rates may apply. Consent is not a condition of purchase of any goods or services. You may opt out of receiving further communications from Alicia Dulin at any time. To opt out of receiving SMS text messages, reply STOP to unsubscribe. SMS text messaging is subject to our Terms of Use.

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210 N Talbot St
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