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2109 Main Street 2109 Main St 7,892 SF Retail Building Chester, MD 21619 $1,200,000 ($152.05/SF) 8.10% Cap Rate
EXECUTIVE SUMMARY
A multi use site includes two buildings one new with second floor residential 100% leased and lower level commercial with only 1200 SF remaining. A older home that has been updated and converted into apartments 100% leased.
Property is zoned TC and is located in a very busy area of Chester Md. just off of Rt. 18 Main Street.
Property is zoned TC and is located in a very busy area of Chester Md. just off of Rt. 18 Main Street.
PROPERTY FACTS Under Contract
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
7,892 SF
Building Class
B
Year Built
2000
Price
$1,200,000
Price Per SF
$152.05
Cap Rate
8.10%
NOI
$97,200
Tenancy
Single
Building Height
2 Stories
Slab To Slab
10’
Building FAR
0.39
Lot Size
0.46 AC
Zoning
TC - Town Center District, intended for mixed-use development (residential and commercial) in central areas
Parking
15 Spaces (2.43 Spaces per 1,000 SF Leased)
Frontage
86’ on Main St
AMENITIES
- Signage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 04-002717 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $915,933 |
PROPERTY TAXES
Parcel Number
04-002717
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$915,933
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2109 Main Street | 2109 Main St
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