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Bright Vacant Restaurant/Private Event Space
For Lease
$2,200/Mo

315 CANNON Street, Chestertown, MD 21620

CommercialLease, CHESTERTOWN, MD

Space SizeContact for details
Days on Market197

Property Features for 315 CANNON Street

General Information

Property type Other
Property subtype Retail
Parking 2
Parking features Parking Lot
Subdivision CHESTERTOWN HISTORIC DISTRICT
Elementary school district KENT COUNTY PUBLIC SCHOOLS
Middle school district KENT COUNTY PUBLIC SCHOOLS
High school district KENT COUNTY PUBLIC SCHOOLS
Standard status Active

Utilities

Heating system Forced Air
Cooling system Central Air

Building Details

Year built 1920
Listing Agency: Coldwell Banker Chesapeake Real Estate Company
Listed By: Michael ONeill · License #5010912
Added: Feb 6 Changed: Aug 19 Last Checked: Aug 22 at 4:06PM
MLS# MDKE2006102

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This bright, airy space is currently vacant and ready for a new operator. Most recently, it functioned as a restaurant and private event space, with adequate electrical and plumbing connections already in place to support a food and beverage tenant. The layout is well-suited for businesses that need reliable utilities for day-to-day operations.

Located at 315 Cannon Street in the commercial district within Chestertown’s Historic District, the property sits among the area’s shops and restaurants. The setting is designed to attract walk-in activity from surrounding retail and dining uses, supporting businesses that benefit from consumer foot traffic.

Given the prior restaurant/private event use and existing electrical and plumbing, this space is a practical fit for food and beverage concepts and operators looking to maintain continuity with the built-in infrastructure. The listing also notes that a variety of use options may be acceptable for the space, which may make it worth evaluating for other retail or service-oriented tenants. Prospective users should confirm final suitability with the applicable permitting and approval process.

Key Highlights

  • Prime location in Chestertown Historic District with high foot traffic.
  • Suitable for a variety of businesses, including retail and food/beverage.
  • Equipped with adequate electrical and plumbing for restaurant use.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Bakery Barber Shop Daycare Center Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

636
Businesses Nearby
12k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Dollar General Shops & Services
8,050 visits/mo 0.3 miles
7-Eleven Shops & Services
3,458 visits/mo 0.2 miles

Demographics for 21620, MD

12,726
Population
6,259
Households
2
Avg Household Size
46
Median Age
43%
College-Educated
93%
High-School Grad
118.7 sq mi
ZIP Area
107
Density / Sq Mi
$76,094
Median Household Income
$39,432
Median Earnings
$1,149
Median Rent
$318,700
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Vacant space with electrical and plumbing connections suited for food and beverage use in the Historic District commercial area.
Where is this retail space located?
The property is located at 315 CANNON Street Chestertown, MD.
What is the lease rate?
The lease rate is $2,200/Mo.
What are key features of this property?
This property features: Prime location in Chestertown Historic District with high foot traffic.; Suitable for a variety of businesses, including retail and food/beverage.; Equipped with adequate electrical and plumbing for restaurant use.
More about this property
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