Log In/Sign Up
Your email has been sent.
202 High St 8,400 SF 100% Leased Retail Building Chestertown, MD 21620 $2,300,000 ($273.81/SF)
Investment Highlights
- Turnkey, fully renovated
- High Street storefronts
- Fully occupied
Executive Summary
Fully occupied mixed-use investment property in the heart of downtown Chestertown. 200/202/204 High Street was renovated to the studs in 2022, from top to bottom, and is a solid investment property in a prime location. Three High Street commercial spaces, five apartments and off street parking for 6 vehicles provide solid rental income. The renovations included the replacement of the following: roof, windows (Jeld Wen Auralast with a lifetime warranty on the wood), plumbing, electric, HVAC, and all interior kitchens, baths, finishes and appliances. Apartments are metered so that tenants pay their own utilities, including water/sewer. Washers, dryers and dishwashers in each apartment. Four apartments are rented full-time and one is used a very successful short term rental. Financial information available upon execution of a confidentiality agreement. Please do not disturb the tenants and do not disrupt the commercial tenants' operations. Additional photos and floorpans available.
Data Room Click Here to Access
Financial Summary (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
8,400 SF
Building Class
C
Year Built
1860
Price
$2,300,000
Price Per SF
$273.81
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Slab To Slab
10’
Building FAR
1.38
Lot Size
0.14 AC
Opportunity Zone
Yes
Zoning
C2 - Mixed use. Commercial must be present on ground floor
Parking
6 Spaces (0.71 Spaces per 1,000 SF Leased)
Frontage
71’ on High St
Walk Score®
Very Walkable (73)
Nearby Major Retailers
Property Taxes
| Parcel Number | 04-008952 | Total Assessment | $829,900 (2025) |
| Land Assessment | $300,000 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $529,900 (2025) | Tax Year | 2024 |
Property Taxes
Parcel Number
04-008952
Land Assessment
$300,000 (2025)
Improvements Assessment
$529,900 (2025)
Total Assessment
$829,900 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
1 of 25
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
202 High St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.