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$ 6,100,000
$ 7,495,000 18.6%
Est. payment /mo
Sold on 08/05/2024
627 RACE ST Cambridge, MD 21613
41,436 SqFt
UPDATED:
Key Details
Sold Price $6,100,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
Square Footage 41,436 sqft
Price per Sqft $147
MLS Listing ID MDDO2005692
Sold Date 08/05/24
Originating Board BRIGHT
Year Built 1998
Annual Tax Amount $62,939
Tax Year 2024
Property Description
+/- 41,436 SF of well-maintained, class A+ professional space located in Cambridge, MD. This competitively priced, 3-story, all brick building features multiple conference rooms, reception areas, and office space able to be demised as needed. Each floor is approximately +/- 13,812 SF with elevator access. The property features significant recent upgrades to the interior lighting, HVAC, elevators, and exterior landscaping. The property is on a 1.47 acre lot with 108 asphalt paved parking spaces. The property is located within a Qualified Opportunity Zone. Contact the listing team for more details and to schedule your showing! Also available for lease at a rate of $14.00 SF/yr (NNN).
Location
State MD
County Dorchester
Zoning COMMERCIAL
Interior
Hot Water Electric
Heating Forced Air
Cooling Central A/C
Heat Source Natural Gas
Exterior
Garage Spaces 108.0
Water Access N
Roof Type Flat
Accessibility Elevator
Total Parking Spaces 108
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Dorchester County Public Schools
Others
Tax ID 1007192916
Ownership Other
Special Listing Condition Standard
Listed by Chelsye Phillips-Hutton • NAI Coastal
Bought with John C Davis • NAI Coastal
Bought with John C Davis • NAI Coastal
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