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Central Road Warehouse 2906 Central Rd 8,800 SF 100% Leased Flex Building Cambridge, MD 21613 $395,000 ($44.89/SF)



Investment Highlights
- Close proximity to Route 50
- Warehouse space
- Plenty of parking
- Second floor apartment/office space
Executive Summary
An exceptionally valued commercial property consisting of two block buildings with ample storage, warehouse working spaces on the first floors and two apartments that have recently been updated on the second floors. Property is situated on nearly an acre lot. Easy access to MD Route 50/Ocean Gateway. Outside lot space in the back and along the front and sides is convenient to use. The West building contains approximately 2,780 square feet of workspace on first floor. The East building first floor space is of approximately 2,850 square feet of working space with an additional square footage of about 760 formerly used as offices. Both buildings have steel, truss ceiling girders. Height of ceilings for first floors are approximately 11 feet from the concrete floors to the bottom of the trusses. The East building apartment is a like new three bedroom with 1 bath. The West building second floor apartment is a 3 bedroom, 2 baths. New garage doors have been installed, and some new roof work has been completed. Property was recently surveyed in 2022.
Property Facts
| Price | $395,000 | Lot Size | 0.80 AC |
| Price Per SF | $44.89 | Rentable Building Area | 8,800 SF |
| Sale Type | Investment or Owner User | No. Stories | 2 |
| Property Type | Year Built | 1956 | |
| Building Class | B |
| Price | $395,000 |
| Price Per SF | $44.89 |
| Sale Type | Investment or Owner User |
| Property Type | |
| Building Class | B |
| Lot Size | 0.80 AC |
| Rentable Building Area | 8,800 SF |
| No. Stories | 2 |
| Year Built | 1956 |
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Somewhat walkable
30/100
Very drivable
80/100
Minimal public transit
10/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 07-162081 | Improvements Assessment | $209,200 |
| Land Assessment | $36,300 | Total Assessment | $245,500 |
Property Taxes
Parcel Number
07-162081
Land Assessment
$36,300
Improvements Assessment
$209,200
Total Assessment
$245,500
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Central Road Warehouse | 2906 Central Rd
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