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350 HIGH ST Chestertown, MD 21620
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Key Details
Sold Price $1,200,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
Square Footage 14,632 sqft
Price per Sqft $82
Subdivision None Available
MLS Listing ID 1004257669
Sold Date 01/27/17
HOA Y/N N
Originating Board MRIS
Year Built 1945
Annual Tax Amount $19,368
Tax Year 2016
Lot Size 0.386 Acres
Acres 0.39
Property Description
Investment property for sale. 14,632 sq.ft. building in downtown Chestertown. 10.5% cap rate if outside property management is not needed. All tenants renewed for an additional 5 years in 2016. Net income is $178,465 per year.
Location
State MD
County Kent
Zoning C-2
Interior
Flooring Partially Carpeted, Tile/Brick
Fireplace N
Exterior
Water Access N
Accessibility Other
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Kent County Public Schools
Others
Tax ID 1504005791
Ownership Fee Simple
Special Listing Condition Standard
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Bought with Non Member • Metropolitan Regional Information Systems, Inc.