$862,500

103 FREMONT STREET, SAINT MICHAELS, MD 21663

Sq.Ft.

2,912

Property Description

Located in the heart of St. Michaels and completely rebuilt in 2023, this striking commercial space has great income potential. This waterfront town has been a popular tourist destination for decades, with charming shops and restaurants, the Chesapeake Bay Maritime Museum and Classic Motor Museum.
Upstairs the stylish three-bedroom, two-bath furnished apartment with 350 sf deck is approved for short term vacation rental and generated over $60,000 of revenue in its first partial year (April - December).
Downstairs the vacant 1500 sf 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. Use your imagination - restaurant, retail, office, garden center, salon/spa.

Overview

Property Status

Sold

Lot Size

3,000 Sq.Ft.

MLS ID

MDTA2010578

Property Type

Commercial

Year Built

1940

Are you interested?

Schedule a Tour

or

Debra Crouch

(410) 924-0771 [email protected]

Features & Amenities

Total Area

2,912 Sq.Ft.

Water Source

Public

Utilities

Underground Utilities, Electricity Available

Lot Features

Back Yard

Parking

None

Heat Type

Electric, Heat Pump

Air Conditioning

Central Air, Electric

Appliances

Gas Water Heater, Tankless Water Heater

Sewer

Public Sewer

Disability Features

Stair Lift

Security Features

Smoke Detector(s)

School District

TALBOT COUNTY PUBLIC SCHOOLS

Sales Price

$862,500

Real Estate Tax

$8,291/yr

Zoning

COMMERCIAL

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We would love to help you see this beautiful home! As a full-service brokerage, we can help you tour. Please submit an offer, and answer questions about the buying process.

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103 Fremont St

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License #306848

(410) 924-0771

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$862,500

2,912

Property Description

Overview

Basic Information

Features & Amenities

Area & Lot

Interior & Exterior

School Information

Financial

Rental Rates

Downloads

103 Fremont St

CallDebra Crouch

Leave a Message

Thank you for your message. We will be in touch with you shortly.

$862,500

2,912

Property Description

Overview

Basic Information

Features & Amenities

Area & Lot

Interior & Exterior

School Information

Financial

Rental Rates

Downloads

Schedule a Tour

103 Fremont St

CallDebra Crouch

Work With Us

Get in Touch

Get in Touch

Get in Touch