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    518 Race St Cambridge, MD 21613

    Sponsored
    For Sale
    $689,000

    Commercial Sale - CAMBRIDGE, MD

    Type:Retail
    Lot size:
    0.09 Acres
    Days on Market:
    251
    Last Refresh:
    Jan 5 at 2:06 pm

    Property Features for 518 Race St

    General Information

    Property type
    Other
    Property subtype
    Retail
    Standard status
    Active
    Parking
    5
    Parking features
    Parking Lot
    Lot size
    0.09 Acres

    Utilities

    Heating system
    Heat Pump (Heating)
    Cooling system
    Heat Pump

    Building Details

    Year built
    1925
    Building materials
    Block

    SVN/Miller Commercial Real Estate (410) 543-2440 [email protected]

    Listing agent Dylan Mezick (410) 543-2440 License #5011586

    Listing date Apr 30, 2025

    Copyright © 2025 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.

    Overview

    Cambridge Retail Building For Sale

    Located at 518 Race St in Cambridge, MD, this 4,630 SF building presents an opportunity for retail and street retail ventures. Constructed in 1925, the property is zoned Downtown/Waterfront Development District, accommodating a versatile amount of commercial uses. The building benefits from a strategic location in the heart of Cambridge, offering high traffic and visibility. It includes approximately 5 parking spots for customers, in addition to street parking. The property features an open layout with two large showcase windows. Central A/C and lighting were replaced in 2018, and the roof was recoated with silicone in 2021. A window unit provides A/C to the warehouse portion, which also includes an 8 ft roll-up door, a 48" X 96" rear commercial entrance door, and 12' ceilings throughout. The property has one restroom. The front room measures 96x25, the rear storage is 30x25, the half bath is 6x4, and the way back storage is 35x27, with an overall length of 158x27+/-. The lot size is 0.09 acres. This property can also be purchased together with 522 Race St #Rear. Deeded right a way to Muir Main.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Junkgetters.Com Property Maintenance Chesapeake Upholstery Upholstery Shop

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cambridge
    County
    Dorchester
    State
    Maryland
    Longitude
    -76.07728
    Latitude
    38.56771

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    FAQs

    What type of property is this?
    Retail property - 4,630 SF retail building in the heart of Cambridge, MD.
    Where is this retail property located?
    The property is located at 518 Race St Cambridge, MD.
    What is the asking price?
    The asking price for this property is $689,000.
    What are key features of this property?
    This property features: - Strategic location in the heart of Cambridge with high traffic and great visibility.; - Versatile zoning (Downtown/Waterfront Development District) allowing for a variety of commercial uses.; - Large 4,630 SF building with an open layout and **12' ceilings**.
    (410) 543-2440
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    518 Race St Cambridge, MD 21613
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    Cambridge, MD 21613
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    518 Race St Cambridge, MD 21613
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