For Sale
$1,870,000

870 High St Chestertown, MD 21620

Historic Mill, Endless Potential

Overview

Added:
Feb 3
Days on market:
78
This exceptional Chestertown, MD mixed-use property offers a unique investment opportunity. The 16,977 square foot Radcliffe Mill, a beautifully restored 1891 building listed on the National Register of Historic Places, features four floors of office space currently occupied by a long-term tenant sushi restaurant, CafГ© Sado (all restaurant equipment included). The property also includes an undeveloped grain elevator, ample parking for 65 vehicles, and a dedicated loading dock. Modern amenities such as an elevator, sprinkler system, and HVAC systems are seamlessly integrated with original exposed beams and reclaimed flooring. The property's zoning allows for diverse uses, including potential conversion to apartments. Located one mile from downtown Chestertown, near Washington College, and within easy reach of Washington, D.C., Philadelphia, PA, and Wilmington, DE, this property benefits from its location in a Maryland Enterprise Zone and Opportunity Zone, making it eligible for various tax incentives and energy improvement programs. The property comprises two parcels, each available for sale individually, contingent upon a lot line adjustment, or as a combined package. Previous historic preservation tax credits expedite future development and improvement tax credit applications.

Property Details for 870 High St

Property type
Mixed-use properties
Square Feet
16,977 SF
Year Built
1891

Location Insight

City
Chestertown
County
Kent
State
Maryland
Latitude
39.21943
Longitude
-76.08085

FAQs

What type of property is this?
Mixed-use property - Historic Mill, Endless Potential
Where is the mixed-use property located?
The property is located at 870 High St Chestertown, MD.
What is the asking price?
The asking price for this property is $1,870,000.
How can I contact the broker?
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870 High St
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