Price Reduction
Address
100 S Main Street, Galena, MD
Price
$ 230,000
Property Attributes
- MLS#MDKE2003236
- TypeCommercial
- CountyKENT
- CityGalena
- Zip21635
- StyleGeneral Retail
- Year Built1900
- Taxes$ 1796
- Price$ 230,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage2112
- Lot Size5,227 SqFt
Data Source:
Bright MLS
Property Description
Investment Opportunity!!! Located on Main St. in downtown Galena, Maryland, the main level includes a retail opportunity (formerly a bakery "Oh So Sweet Confectionery") in addition to a spacious upper level 2 bedroom apartment. Main level details include laminate flooring throughout, a spacious sitting room, counter area, kitchen, kitchen back room with industrial sinks and propane cooking, bathroom, in addition to a bonus room which could be utilized for many options. The upper level apartment (Main Street and rear access stair entry) is currently leased month to month and includes 2 bedrooms, a full bath, living room, dining room and kitchen. (Washer/dryer hookups are located in the bathroom) Property upgrades include new roof added in 2019, exterior paint (2018), laminate flooring added 2016 (main and upper levels), some newer windows on main level (2018), upper level propane furnace (2020), upper level water heater (2019), upper level propane stove (2019) and upper level deck which was added in 2018. Additional property details include a off street rear parking lot with ample parking. **Please Note--It is the responsibility of the buyer and/or buyer's agent to perform their due diligence with the town and county to determine what uses are acceptable** If you are searching for an opportunity to start or relocate your business with rental potential to offset your mortgage, your search is over...100 S Main Street...your business dream awaits!!! The seller is open to holding the mortgage, offering an interest rate below the commercial market, with negotiable terms.
| Price History | |
|---|---|
| 10/17/2023 | Listed $250,000 |
| 4/13/2024 | 8% - $230,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Heat Pump - Electric BackUp,Forced Air |
| Cooling | Central A/C,Window Unit(s) |
| Utilities | Cable TV Available |
| Possession | Settlement |
| Roof | Architectural Shingle |
| Zoning | C3 |
| Security Features | Carbon Monoxide Detector(s),Smoke Detector |
| Construction Materials | Vinyl Siding |
| Exclusions | Apartment Washer/Dryer,Refrigerator (Apt) |
| Year Built | 1900 |
| Electric | Circuit Breakers |
| Property SubType | Mixed Use |
| Tax Year | 2023 |
| Percent Ownership | Fee Simple |
| Cool Fuel | Electric |
| OwnerPays | Taxes - Real Estate |
| Business Type | Other/General Retail |
| Accessibility | None |
| County | KENT |
| New Construction | No |
| Property Type | Commercial Sale |
| Water Access Y/N | No |
| Status | ACTIVE |
| Directions | From Elkton,MD head south on MD-213/Augustine Herman Hwy. Travel approximately 20 miles,property is located on right. Sign on property. NOTE: The seller is open to holding the mortgage,offering an |
| ModificationTimestamp | 2024-04-13T19:57:52 |
| City | GALENA |
| Buyer Agent Compensation | 2.5 |
| Total Units | 1 |
| Lot Size Square Feet | 5303.00 |
| Tax Assessed Value | 131400.0 |
| Waterfront Y/N | No |
| Street Name | MAIN |
| Tax Annual Amount | 1796.0 |
| Property Condition | Very Good |
| Price Per Sq Ft | 108.9 |
| Acceptable Financing | Cash,Conventional |
| Historic Y/N | No |
| Lease Considered Y/N | No |
| Vacation Rental Y/N | No |
| Days on Market | 184 |
| Location Type | Downtown |
| Standard Status | Active |
| Year Built Source | Assessor |
| Buyer Agent Compensation Type | % Of Gross |
| Association Recreation Fee | No |
Interior Features
| Heating Fuel | Electric,Propane - Leased |
|---|---|
| Flooring | Laminated,Vinyl |
| Hot Water | Electric |
| Heating Y/N | Yes |
| Street Suffix | STREET |
| Central Air Y/N | Yes |
Exterior Features
| Parking Features | Private |
|---|---|
| Lot Features | Corner |
| Water Source | Public |
| Inclusions | 3 Window A/C Units (AS IS),Apartment Propane Range,Main Level Counter |
| Total Parking Spaces | 6 |
| Type of Parking | Parking Lot |
| Land Use Code | C |
| Water View Y/N | No |
| Building Area Total | 2112.00 |
| Lot Size Acres | 0.12 |
| Road Surface Type | Paved |
| Lot Size Units | Square Feet |
| Lot Size Source | Assessor |
| Other Equipment | Negotiable |
| Road Responsibility | City/County |
| Land Assessed Value | 90100.00 |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
| Fencing Y/N | No |
| Car Parking Spaces | 6 |
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 Commercial Average in 21635
Price
Taxes
Visits
Year Built
Walkscore
© BRIGHT, All Rights Reserved
