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140 Scheeler Rd Chestertown, MD 21620

Prime Chestertown location, lucrative ground lease.

Overview

Added:
Feb 3
Days on market:
78
This exceptional investment opportunity presents a 0.76-acre ground lease in the desirable town of Chestertown, Maryland. Located at 140 Scheeler Road, the property offers significant potential for a variety of commercial ventures. The vibrant downtown area of Chestertown is known for its attractive atmosphere, making it an ideal location for businesses catering to both residents and tourists. The ground lease carries an annual cost of $40,000, structured as a Net, Net, Net (NNN) lease. This means the tenant is responsible for all property expenses, including taxes, insurance, and maintenance, providing a predictable and manageable cost structure for the lessee. The 0.76-acre parcel provides ample space for development, allowing for flexibility in design and functionality. The property's location within Chestertown offers easy access to local amenities, transportation routes, and the town's thriving community. This is a rare opportunity to secure a prime location in a sought-after area, ideal for entrepreneurs and investors seeking a strong return on investment. The NNN lease structure minimizes landlord responsibilities, making this a low-maintenance investment with significant upside potential. Serious inquiries are encouraged to explore the possibilities this unique ground lease presents. Further details regarding the specific terms of the lease and potential development options are available upon request.

Property Details for 140 Scheeler Rd

Property type
Commercial real estate
Lot Size (sq. ft)
33,106 SF

Location Insight

City
Chestertown
County
Kent
State
Maryland
Latitude
39.22705
Longitude
-76.07002

FAQs

What type of property is this?
Commercial real estate - Prime Chestertown location, lucrative ground lease.
Where is the commercial real estate located?
The property is located at 140 Scheeler Rd Chestertown, MD.
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140 Scheeler Rd
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