870 High St Chestertown, MD 21620

Radcliffe Mill presents an investment opportunity featuring a four-story mill building dating back to 1891, transformed in 2007 with over 16,000 square feet of finished space. The building currently features four floors of office space and a 70+ seat restaurant, Café Sado, with a long-term lease in place. All of the major restaurant equipment is included in the sale. The restoration seamlessly blended modern amenities like an elevator, sprinkler system and HVAC systems, with original exposed beams and reclaimed flooring. The property's zoning permits various uses, including conversion to apartments. There is also an undeveloped Grain Elevator, parking for 65 vehicles, and a dedicated loading dock for the restaurant. Radcliffe Mill is on the National Register of Historic Places. The property is also in a Maryland Enterprise Zone, and an Opportunity Zone and eligible for energy improvement incentive programs. Radcliffe Mill is strategically located one-mile from downtown Chestertown, a short walk along the rail trail. Chestertown is located approximately 80 miles from Washington, DC and Philadelphia, PA and an hour from Wilmington, DE. The property consists of two different parcels, and each parcel is being offered for sale separately, or the entire property can be purchased as a package. The sale of either 860 or 870 High Street individually is contingent on a lot line adjustment.