Saint Michaels, MD 21663,210 N TALBOT ST
Saint Michaels, MD 21663,210 N TALBOT ST
Saint Michaels, MD 21663,210 N TALBOT ST
7
$850,000
$895,000
5.0%
Est.Price: ?

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3,979 SqFt

210 N TALBOT ST Saint Michaels, MD 21663

Est. payment /mo
SOLD DATE : 12/29/2023

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Key Details

Sold Price $850,000

Property Type Commercial

Sub Type Retail

Listing Status Sold

Purchase Type For Sale

Square Footage 3,979 sqft

Price per Sqft $213

MLS Listing ID MDTA2006158

Sold Date 12/29/23

Originating Board BRIGHT

Year Built 1987

Annual Tax Amount $7,294

Tax Year 2023

Lot Size 3,838 Sqft

Acres 0.09

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.

Location

State MD

County Talbot

Zoning C

Interior

Hot Water Electric

Heating Heat Pump(s)

Cooling Heat Pump(s)

Heat Source Electric

Exterior

Water Access N

Accessibility None

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Talbot County Public Schools

Others

Tax ID 2102066890

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Kimberly J Crouch • Benson & Mangold, LLC
Bought with Kimberly D Kepnes • Monument Sotheby's International Realty

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Matt Kilmer

Agent | (VA)0225238026 (WV)WVS2003010

+1(540) 931-6089

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