315 High StChestertown, MD 21620

Property Details for 315 High St

Year built

1997

Construction

BRICK

Lot size

0.49 AC

Property size (Sq ft)

8,932 SF

Zone code

C-2

Property type

Retail space

APN

04-009339

APU

4009339

Description

This exceptional retail opportunity is located at 315 High Street, Unit 104, in the charming town of Chestertown, Maryland. Situated on a sizable 0.49-acre lot, this property presents a unique chance for a business seeking high visibility and ample space. The unit is ideally positioned on High Street, a main thoroughfare known for its bustling activity and pedestrian traffic. The property's address offers excellent accessibility for customers and convenient parking options. While the exact square footage is currently unavailable, the substantial lot size suggests a generous interior space suitable for a variety of retail ventures. The property's location within Chestertown provides access to a thriving community with a strong local economy and a loyal customer base. This presents a compelling investment opportunity for entrepreneurs looking to establish or expand their retail presence in a desirable market. The asking price is to be determined, making this a flexible option for potential buyers. Serious inquiries are encouraged to explore this promising retail space and its potential for success. Further details regarding the interior layout and specifications will be provided upon request. Don't miss this chance to secure a prime retail location in the heart of Chestertown.

• CAP approach

  CAP return

  Valuation

  6%

  $2,831,140

  6.5%

  $2,613,360

  7%

  $2,426,691

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,416,018

  Geo Method

  $1,416,018

• Alternative Use

  Use

  Valuation

  Residential

  $2,204,467

  Hospitality

  $2,019,280

  Educational

  $1,680,017

  Medical

  $1,737,796

  Retail

  $2,613,360

Location Insight

City

Chestertown

County

Kent

State

Maryland

Latitude

39.2091

Longitude

-76.0674

Property Tax & Assessments

FAQs

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