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2109 Main Street 2109 Main St 7,892 SF Retail Building Chester, MD 21619 $1,675,104 CAD ($212.25 CAD/SF) 8.10% Cap Rate

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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 FACTS Under Contract

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
7,892 SF
Building Class
B
Year Built
2000
Price
$1,675,104 CAD
Price Per SF
$212.25 CAD
Cap Rate
8.10%
NOI
$135,683 CAD
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

PNC Bank
Five Guys
Capriotti's
IHOP
Truist
Starbucks
Safeway

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
04-002717
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,285,878 CAD
  • Listing ID: 3783127

  • Date on Market: 2016-09-13

  • Last Updated:

  • Address: 2109 Main St, Chester, MD 21619

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