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103 Fremont Street Saint Michaels, MD $ 1,275,000
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$ 1,275,000 Get more info
103 Fremont Street
$ 1,275,000
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New Construction
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103 Fremont Street

Saint Michaels, MD, 21663
$ 1,275,000
Baths0.0 Sq 2,392

Monthly Estimate*

$ 8,474

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Studio

Commercial Property for sale in Saint Michaels, MD

for $1,275,000. This 2,392 square foot building was built in 1940 on a lot size of 0.07.

Completely rebuilt in 2023, this striking commercial space has great income potential. Upstairs the stylish three-bedroom, 2-bath furnished apartment with 400 sf deck is approved for short term vacation rental. Downstairs the 1500 sf restaurant space with tree-canopied courtyard has an approved handicap lift and a usage and occupancy permit . The building is fully sprinklered and has a propane tankless hot water system.

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Commercial Active

Price

$ 1,275,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 2,781

Style

Restaurant/Bar

Lot Size

0.07

Year Built

1940

Town/City

Saint Michaels

County/Region

Talbot

MLS | Web ID

MDTA2006614
Features
Interior
Heating Fuel Electric
Hot Water Tankless Propane
Heating Y/N Y
Street Suffix STREET
Central Air Y/N Y
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General
Sewer Public Sewer
Heating Heat Pump(s)
Cooling Central A/C
Utilities Electric Available Under Ground
Possession Settlement
Zoning COMMERCIAL
Security Features Sprinkler System - Indoor Smoke Detector
Construction Materials Frame
Year Built 1940
Property SubType Mixed Use
Tax Year 2021
Percent Ownership Fee Simple
Cool Fuel Electric
Municipality Saint Michaels
Business Type Restaurant/Bar
Accessibility Chairlift
County TALBOT
New Construction Y
Property Type Commercial Sale
Subdivision Name HISTORIC ST. MICHAELS
Possible Use Apartments Commercial Food Market Food & Beverage Professional Service Restaurant Retail Spa
Water Access Y/N N
Status ACTIVE
Directions Rt. 33 to Railroad Ave. Left on Fremont.
City SAINT MICHAELS
Buyer Agent Compensation 2.5
Total Units 1
Lot Size Square Feet 3000.00
Waterfront Y/N N
Street Name FREMONT
Tax Annual Amount 2781.0
Property Condition Excellent
Price Per Sq Ft Total 490.38
Construction Completed Y/N Y
Historic Y/N N
Lease Considered Y/N N
Vacation Rental Y/N N
Days on Market 171
Location Type Downtown
Standard Status Active
Year Built Source Estimated
Buyer Agent Compensation Type % Of Gross
Association Recreation Fee N
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Exterior
Water Source Public
Type of Parking None
Foundation Details Crawl Space
Water View Y/N N
Building Area Total 2600.00
Lot Size Acres 0.07
Lot Size Units Square Feet
Lot Size Source Estimated
Road Responsibility City/County
Land Assessed Value 130500.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 103
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* Excluded Features
List By
Benson & Mangold, Llc

Broker

dcrouch@bensonandmangold.com

Email

Affordability Calculator

$8,706
Per Month
97%
3%
0%
Monthly Principal & Interest
$8,474
Monthly Property Taxes
$232
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/25/2024$1,275,000 -1.92% Price Down
11/20/2023$1,300,000 Listed Price

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103 Fremont Street, Saint Michaels, MD, 21663 is a Commercial Property for sale at $1,275,000 with 2,392 sqft and a lot size of 0.07. 103 Fremont Street is a studio with 0.0 baths and was built in 1940. The property's zip code is 21663 which is in Saint Michaels, MD

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