Water Views
Listed By:
Benson & Mangold, LLC
Address
98 Cannon Street, Chestertown, MD
Price
$ 899,000
Property Attributes
  • MLS#MDKE2002356
  • TypePending
  • CountyKENT
  • CityChestertown
  • Zip21620
  • StyleRestaurant/Bar
  • Year Built2004
  • Taxes$ 9872
  • Price$ 899,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage5094
  • Lot Size0.42 Acres
Data Source:
Bright MLS
Property Description

Dont miss out on the opportunity to own this restaurant and bar located in Historic Downtown Chestertown. 98 Cannon offers both indoor and outdoor dining with panoramic views of the Chester River. Ideally located next to the Chestertown Marina so patrons can dock and dine. Ample parking---13 owned spots, 26 shared spots, plus on-street parking. Chestertowns only restaurant on the River. Unlimited potential for year-round income. Chestertown is located 90 minutes from Baltimore, DC, and Philadelphia and less than 1 hour from Annapolis. Enterprise Zone tax credits available. Buyers requesting additional information must sign NDA. Property is being sold as-is.

Price History
2/10/2023 Listed $1,290,000
6/21/2023 35% - $850,000

General Features

Sewer Public Sewer
Heating Other
Cooling Central A/C
Possession Settlement
Zoning CM
Construction Materials Other
Year Built 2004
View Marina,River,Panoramic
Property SubType Other
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
Business Type Restaurant/Bar
Accessibility Ramp - Main Level
County KENT
New Construction No
Property Type Commercial Sale
Water Access Y/N Yes
Status PENDING
Directions Rt. 213 across the Chester River Bridge into Chestertown. First left after Bridge on Water Street. Cross High Street,left on Cannon Street. 98 Cannon is at the end of the road on the waterfront.
ModificationTimestamp 2024-04-08T11:26:09
City CHESTERTOWN
Buyer Agent Compensation 2.5
Body of Water Chester River
Total Units 1
Lot Size Square Feet 18295.00
Tax Assessed Value 629900.0
Waterfront Y/N No
Street Name CANNON
Tax Annual Amount 9872.0
Number of Community Docks 2
Price Per Sq Ft 176.48
Vacation Rental Y/N No
Days on Market 240
Location Type Downtown
Standard Status Pending
Year Built Source Assessor
Tax Lot 2
Buyer Agent Compensation Type % Of Gross

Interior Features

Heating Fuel Electric
Hot Water Electric
Heating Y/N Yes
Street Suffix STREET
Central Air Y/N Yes

Exterior Features

Parking Features Lighted Parking,Paved Parking
Lot Features Bulkheaded,Year Round Access
Water Source Public
Total Parking Spaces 40
Type of Parking Parking Lot,On Street
Land Use Code C
Water View Y/N Yes
Building Area Total 5094.00
Lot Size Acres 0.42
Water Body Type River
Lot Size Units Square Feet
Lot Size Source Assessor
Water Access Features Public Access
Land Assessed Value 605700.00
Navigable Water Y/N Yes
Water Oriented Y/N Yes
Car Parking Spaces 39

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 21620

Price
AVG $520K
$900K
Taxes
AVG $3,443
$9,872
Visits
AVG 134
150
Data Provided by Inside Real Estate®
Year Built
AVG 1993
2004
Walkscore
AVG 24
62
Data Provided by Walkscore® not using MLS data

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