Listed By:
Powell REALTORS
Address
522 Race Street, Cambridge, MD
Price
$ 479,900
Property Attributes
  • MLS#MDDO2006636
  • TypePending
  • CountyDORCHESTER
  • CityCambridge
  • NeighborhoodRace Street
  • Zip21613
  • StyleApartment Building,Flex,Funeral Home,Hair Salon an
  • Year Built1920
  • Taxes$ 7747
  • Price$ 479,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage7864
  • Lot Size6,970 SqFt
Data Source:
Bright MLS
Property Description

Cambridge - this is a lot of building for the entrepreneurial soul! Be part of the continuing renaissance of downtown Cambridge. The original structure was built in 1920 with several additions. In the past it was Johnny's Shoe Store and the Bennie Smith Funeral home. The first floor is approximately 5,300 square feet with a reception area , offices/conference/meeting rooms, workrooms, a kitchen area and men and women's bathrooms. Second floor is approximately 2820 square feet and is currently two apartments- 3BR, 1 bath each (further approvals by City of Cambridge may be needed for tenant occupancy), There is a small gravel parking area behind the building plus the building is right next door to a large, free municipal parking lot. Efficient natural gas heat.

Price History
2/27/2024 Listed $479,900

General Features

Sewer Public Sewer
Heating Forced Air
Cooling Central A/C
Possession Settlement
Zoning DWDD
Construction Materials Block
Year Built 1920
Property SubType Mixed Use
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
Business Type Apartment Building,Flex,Funeral Home,Hair Salon and Spa,Medical,Other/General Retail,Professional,Restaurant/Bar
Accessibility Level Entry - Main
County DORCHESTER
New Construction No
Property Type Commercial Sale
Subdivision Name RACE STREET
Water Access Y/N No
Status PENDING
Directions use GPS
ModificationTimestamp 2024-05-16T16:30:06
City CAMBRIDGE
Buyer Agent Compensation 2.5
Zoning Description Downtown/Waterfront Development District
Total Units 1
Lot Size Square Feet 6886.00
Tax Assessed Value 419167.0
Waterfront Y/N No
Street Name RACE
Tax Annual Amount 7747.0
Price Per Sq Ft Total 61.02
Vacation Rental Y/N No
Days on Market 42
Location Type Downtown
Standard Status Pending
Year Built Source Assessor
Buyer Agent Compensation Type % Of Gross

Interior Features

Heating Fuel Natural Gas
Hot Water Electric
Total Stories 2
Heating Y/N Yes
Street Suffix STREET
Central Air Y/N Yes

Exterior Features

Water Source Public
Total Parking Spaces 5
Type of Parking Off Site,Parking Lot
Land Use Code C
Water View Y/N No
Building Area Total 7864.00
Lot Size Acres 0.16
Lot Size Units Square Feet
Lot Size Source Estimated
Land Assessed Value 34400.00
Navigable Water Y/N No
Water Oriented Y/N No
Car Parking Spaces 5

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 21613

Price
AVG $320K
$480K
Taxes
AVG $3,404
$7,747
Visits
AVG 218
54
Data Provided by Inside Real Estate®
Year Built
AVG 1975
1920

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