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Property Description

Multi-use commercial property known as 808 - 810 Race Street Cambridge MD for sale at $210,000. Sold as is where is. Zoning is NC-4 - contact City of Cambridge P & Z for guidance on specific use guidelines. Bus stop for scholastic use. City of Cambridge has recently placed new sidewalks. The front portion of the building is a prime retail and / or office location. The store, previously operated as E G Webster & Son LLC for generations, is no longer open - the large sign out front does not convey. Outside dimension of the building is +- 56' x 41'. Store dimensions - front room is +-35'L x 18'W x 9.5' H or +- 630 SF; and back room (with small loading door) is +-16'L x 16'W x 8'H or 256 SF. Active alarm system in the store. Seller recently installed efficient propane heaters for both rooms of the store. The property has two rentals properties previously generating a combined monthly income of $1215. Attic - empty, solid, with windows - one active chimney for Store and Apt B energy exhaust. For the property - three electric meters, two natural gas meters and two water meters.

Rental Details - Apartment 808 A (Vacant) - 1,354 SF, 3 BR 1 BA (utilities metered separately); Kitchen 14' x 15'; Br1 12' x 15'; Br2 12' x 15'; Br3 16' x 12'; Living room 16' x 19', Hall1 8' x 15'; Hall2 24' x 7'. Apartment 808 B - 975 SF - 2 BR 1 BA (water, sewer, garbage fees paid by store); Kitchen 15' x 17'; Bathroom 5' x 8'; Living Room 12' x 19'; Bedroom 12' x 14'; Front Room 19' x 14'; plus nook, hallway and an outside porch facing Race Street. There is one space to park - off street. Municipal Utilities Commission (annual $59 per unit fee) serves the property with water, sewer and trash removal (natural gas is provided by Chesapeake Utilities). Store (810) monthly utility costs averaged $115 (water) and $242 (electricity). Insurance coverage on three units is +- $2,364 / year. Both apartments have access and use of outside storage units.

Overview

Property Status
Sold
Date Sold
March 20, 2023
Lot Size
6,360 Sq.Ft.
MLS ID
MDDO2002426
Property Type
Commercial
Year Built
1925

Features & Amenities

Neighborhood
Dorchester County
View Description
Street
Water Source
Public
Roof
Asphalt
Parking
On Street
Other Interior Features
Wood
Sewer
Public Sewer
Sales Price
$122,000
Real Estate Tax
$2,227/yr
Zoning
Zone is Neighborhood Conservation.

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808 (& 810) Race St

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808 (& 810) Race St
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