Skip To Content

1506 Glasgow Street

CAMBRIDGE, MD 21613
  • $199,000
  • STATUS: Active
  • ON SITE: 3 Days
  • ID#: MDDO2004208
UPDATED: 47 min ago
$199,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1962
County:

School Ratings & Info

Description

COMMERCIAL REAL ESTATE INVESTMENT ALERT!!! The Hanna Team at SVN Miller Commercial Real Estate is pleased to present this two-unit commercial investment property in Cambridge, MD. This property is well-located servicing several residential neighborhoods and is situated across from a prominent elementary school and a county athletic park. The property is currently leased to one tenant with the other unit being owner occupied who will vacate upon a sale. This property could be perfect for an investor looking to add to their portfolio or an owner/operator looking to purchase a property for their business with existing rental income that would almost cover the entire mortgage payment!!The current tenant is paying $12,000/year and has two years remaining on the lease.

Monthly Payment Calculator



©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Fritschle Barker Group | Keller Williams Delmarva. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-01-28T11:51:27.33.
www.buysellocmd.com/homes/136409221
Print Image

1506 Glasgow Street CAMBRIDGE, MD 21613

  • Price: $199,000
  • Status: Active
  • On Site: 3 Days
  • Updated: 47 min ago
  • ID#: MDDO2004208
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1962
Built
County:
Dorchester
School District:
Dorchester County Public Schools
Property Description
COMMERCIAL REAL ESTATE INVESTMENT ALERT!!! The Hanna Team at SVN Miller Commercial Real Estate is pleased to present this two-unit commercial investment property in Cambridge, MD. This property is well-located servicing several residential neighborhoods and is situated across from a prominent elementary school and a county athletic park. The property is currently leased to one tenant with the other unit being owner occupied who will vacate upon a sale. This property could be perfect for an investor looking to add to their portfolio or an owner/operator looking to purchase a property for their business with existing rental income that would almost cover the entire mortgage payment!!The current tenant is paying $12,000/year and has two years remaining on the lease.
Exterior Features

Construction Materials Block Garage YN No Parking Types Parking Lot Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 2016.00 Cooling Ductless/Mini-SplitWindow Unit(S) Heating Heat Pump(S)Other Heating YN Yes Net Square Feet 2016.00

Property Features

Accessibility Features None Assessment Year 2023 Business Type Restaurant/BarProfessionalOther/General RetailHair Salon And Spa Central Air YN No Cooling Fuel Electric Heating Fuel ElectricOther Hot Water PropaneTankless Municipality Cambridge Navigable Water YN N New Construction YN No Number Of Units Total 2 Original MLSNumber 802119425678 Ownership Interest Other Possession Other Property Sub Type Retail Sale Type Standard Sewer Public Sewer Tax Annual Amount 2362.00 Tax Assessment Amount 130167.00 Vacation Rental YN No Water Source Public Zoning Gc

Listing courtesy of Svn/Miller Commercial Real Estate: .


©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Fritschle Barker Group | Keller Williams Delmarva. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-01-28T11:51:27.33.
 
https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_802119425678-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_802119425678-2.jpg
Logo
Fritschle Barker Group | Keller Williams Delmarva
6200 Coastal Highway Suite 101
Ocean City MD, 21842