321 Crusader Rd, Cambridge, MD 21613

$645,000

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List Price
$645,000
Days on Market
146
Status
ACTIVE
MLS#
MDDO2011406
Lot Size (Acres)
0.7000000000000001
Year Built
1982
County
Dorchester
School District
Dorchester County Public Schools

Property Description

±4,396 sqft three-unit shopping center available for sale in Cambridge, MD. Two of the three units are leased to long-term tenants, providing stabilized income with upside through lease-up of the remaining space. Ideal for an owner-user looking to occupy a unit while offsetting expenses, or for an investor seeking consistent cash flow with value-add potential. Building is centrally located approximately 500’ from Rt50 and benefits from nearby apartment communities and proximity to Cambridge’s primary retail corridor. The brick/block building features a newer roof installed around 2016. The occupied units are in good condition, while the vacant unit is currently gutted, allowing flexibility for a buyer’s intended use or tenant. The site includes additional land area that may offer redevelopment or expansion potential. A strong opportunity to acquire a small shopping center with income, flexibility, and long-term upside.

Additional Information

Taxes
$5620
Stories
1
School District
Dorchester County Public Schools
Flooring
Concrete
Heating
Heat Pump(s)
Heating Fuel
Electric
Cooling
Central A/C
Roof
Metal
Water
Public
Sewer
Public Sewer

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Keller Williams Realty Delmarva. Contact: (410) 524-6400