700 PINE STREET , Cambridge, MD 21613(Dorchester County)

Commercial Sale - CAMBRIDGE, MD

Priced at just $224,900, this prime commercial building in downtown Cambridge, MD offers exceptional income potential and long-term upside. Situated on a prominent corner lot in a high-traffic area, the property currently features three separate units with the flexibility to convert into as many as five income-producing spaces as this building has 5 individual electrical meters.

The main unit was leased at $2,200/month and operated as a restaurant/bar, but is in the process of vacating. This large unit could also be subdivided into three individual commercial spaces, significantly increasing the overall rental yield.

Two additional units have been recently renovated and are located at the rear of the building. One is an upstairs unit well-suited for office or studio use, while the other is a ground-level storefront ideal for retail or service tenants. Both are currently being offered for l...