128 MAIN St, Elkton, MD 21921
Commercial office building in downtown Elkton, Maryland with adaptable space.
- Added:
- Apr 24, 2026
- Days on Market:
- 51
- Last Refresh:
- Apr 24 at 6:00 pm
Property Features for 128 MAIN St
General Information
- Standard status
- Active
- Size
- 936 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1930
Listing agent Joseph Warren Avampato (410) 652-2848
Listing office ALBERTI REALTY, LLC (410) 652-2848
Listing date Apr 24, 2026
Source Elliman
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of ALBERTI REALTY, LLC
HighLights
- Prime downtown Elkton location on main street
- Strategically situated near courthouses and businesses
- 936 square feet of adaptable space
- Main floor half bath and lower level full bath
- High visibility and foot traffic
- Year Built: 1930
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $23.0k | $24.60 |
| − Vacancy | −$4.0k | −$4.23 |
| EGI | $19.1k | $20.37 |
| − OpEx | −$4.8k | −$5.09 |
| NOI | $14.3k | $15.28 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Elkton
- County
- Cecil
- State
- Maryland
- Longitude
- -75.8305962
- Latitude
- 39.6073515
