$685,000
$649,000
5.5%For more information regarding the value of a property, please contact us for a free consultation.
2,500 SqFt
SOLD DATE : 06/10/2022
Key Details
Sold Price $685,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 2,500 sqft
Price per Sqft $274
MLS Listing ID MDTA2002276
Sold Date 06/10/22
Originating Board BRIGHT
Year Built 1988
Annual Tax Amount $5,000
Tax Year 2020
Lot Size 1,000 Sqft
Acres 0.02
Lot Dimensions 50
Property Description
Mixed Use property in Downtown St Michaels on Talbot Street with 3 apartments on the second floor, retail space on the first floor, and parking in the rear. This property is in the heart of the downtown retail area. Could be either a investment property or owner operated with income producing apartments on the second floor.
The of the proposed subdivided parcel, 107 Talbot Street have directed me to send this the following note. I will also put in the MLS the same instructions. The Sellers require ALL "Best and Final" CONTRACT OFFERS, including contract Price and Terms, by 3pm on Friday 2/25/22. The SELLER also requires the following as a part of the said contract offer:
- Settlement date in said contract offer should be 90 days or sooner if agreed to in writing by the parties.
- Settlement contingent on Sellers successful subdivision of property known as 105 Talbot St, tax parcel 02-063689, and the Buyers acceptance of herein subdivision of the same, prior to settlement
. - BUYERS to pay all County, State and Local transfers and recordation fees at settlement only
Once Contract Offers are received, ALL Contract Offers will be present to the Estate Representatives for review. Thank you for your interest in the Property.
Location
State MD
County Talbot
Zoning C-3
Interior
Hot Water Electric
Heating Wall Unit
Cooling Central A/C, Ductless/Mini-Split
Heat Source Electric, Propane - Leased
Exterior
Garage Spaces 3.0
Waterfront N
Water Access N
Roof Type Asphalt
Accessibility Other
Parking Type Parking Lot
Total Parking Spaces 3
Garage N
Building
Lot Description Backs - Open Common Area, Zero Lot Line
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Talbot County Public Schools
Others
Tax ID 063689
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Other
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Bought with Kimberly J Crouch • Benson & Mangold, LLC