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329 Cannon Street

CHESTERTOWN, MD 21620
  • $525,000
  • STATUS: Active
  • ON SITE: 18 Days
  • ID#: MDKE2001918
UPDATED: 16 min ago
$525,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1920
County:

School Ratings & Info

School District:

Description

Investment opportunity in downtown Chestertown. Three separately metered commercial spaces and a 1 bedroom apartment in downtown Chestertown's Arts & Entertainment District. Rebuilt in 2003 and extensively renovated in 2016. Large open space, with loft area, commercial kitchen and storefront. Apartment: Retaining the charm of the the original structure, the second floor, one bedroom apartment has pine floors with exposed brick and beam accents. Currently rentedLet your imagination run wild with the possibility for the commercial space. Use as 3 (or 4) separate spaces or combine for one unit. Possible uses include a gallery, shop, cafe or art studio. Has been used most recently as a fitness center. The commercial kitchen has 5 sinks and a grease trap. Perfect location to operate a food-business and walk to the weekly farmer's market. The front retail space has a large porch and faces Cannon Street. Perfect for a small shop, or combine with the kitchen and use as a cafe. With a separate entrance in the rear, the large studio space is bright, open and airy and leads to a separate loft space which could potentially be used as a fourth commercial unit. Currently there are 3 separate meters for the commercial space. The commercial spaces are currently also being offered for lease. Income and expense information available on request. Chestertown in in an Opportunity Zone, an Enterprise Zone and the property is located in the town's Arts & Entertainment District, all of which have the potential to offer tax incentives for the property owner and certain tenants.

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©2022 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 Corner House Realty. 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: 2022-10-04T14:54:03.047.
www.cornerhouserealty.com/homes/133125274
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329 Cannon Street CHESTERTOWN, MD 21620

  • Price: $525,000
  • Status: Active
  • On Site: 18 Days
  • Updated: 16 min ago
  • ID#: MDKE2001918
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1920
Built
County:
Kent
School District:
Kent County Public Schools
Property Description
Investment opportunity in downtown Chestertown. Three separately metered commercial spaces and a 1 bedroom apartment in downtown Chestertown's Arts & Entertainment District. Rebuilt in 2003 and extensively renovated in 2016. Large open space, with loft area, commercial kitchen and storefront. Apartment: Retaining the charm of the the original structure, the second floor, one bedroom apartment has pine floors with exposed brick and beam accents. Currently rentedLet your imagination run wild with the possibility for the commercial space. Use as 3 (or 4) separate spaces or combine for one unit. Possible uses include a gallery, shop, cafe or art studio. Has been used most recently as a fitness center. The commercial kitchen has 5 sinks and a grease trap. Perfect location to operate a food-business and walk to the weekly farmer's market. The front retail space has a large porch and faces Cannon Street. Perfect for a small shop, or combine with the kitchen and use as a cafe. With a separate entrance in the rear, the large studio space is bright, open and airy and leads to a separate loft space which could potentially be used as a fourth commercial unit. Currently there are 3 separate meters for the commercial space. The commercial spaces are currently also being offered for lease. Income and expense information available on request. Chestertown in in an Opportunity Zone, an Enterprise Zone and the property is located in the town's Arts & Entertainment District, all of which have the potential to offer tax incentives for the property owner and certain tenants.
Exterior Features

Construction Materials Wood Siding Garage YN No Location Type Business District Parking Types On Street Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 2566.00 Cooling Wall Unit Heating Heat Pump(S) Heating YN Yes Net Square Feet 2566.00

Property Features

Accessibility Features None Business Type Flex Central Air YN No Cooling Fuel Electric Current Use Other Heating Fuel Electric Historic YN Yes Hot Water Electric Municipality Chestertown Navigable Water YN N New Construction YN No Number Of Units Total 1 Original MLSNumber 801885211056 Ownership Interest Other Possession Coin W/Sell Sett Property Sub Type Other Sale Type Standard Sewer Public Sewer Tax Annual Amount 3738.00 Tax Assessment Amount 271900.00 Vacation Rental YN No Water Source Public Zoning C-2

Listing courtesy of Cross Street Realtors Llc: .


©2022 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 Corner House Realty. 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: 2022-10-04T14:54:03.047.
 
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Catonsville MD, 21228