Renovated Mixed-Use
For Sale
$2,300,000
200-204 HIGH ST, Chestertown, MD 21620
Downtown asset combines apartments with leased storefront space.
Property SizeContact for details
Days on Market45
Property Features for 200-204 HIGH ST
General Information
Standard status
Active
Occupancy
100%
Site & Location
Road Access
Yes
Utilities to Site
Yes
Units
Unit Mix
2 x 2BR, 3 x 1BR
Multifamily Units
5
Building Details
Year Renovated
2022
Buildings
1
Tenancy
Multi
Listing Agency:
Taylor Properties
(202) 607-6762
Listed By:
Julie H SANTOBONI · License #672033
(202) 607-6762
Source:
Palmerharned
Added: Jul 18
Changed: Aug 30
Last Checked: Aug 30 at 9:38PM
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 Taylor Properties
Investment Insights
Based on property information with market context.
Located at 200-204 High Street in downtown Chestertown, this mixed-use property contains five apartments and three storefronts. The residential component includes two 2-bedroom units and three 1-bedroom units, while all three commercial spaces are occupied, including a local arts nonprofit and a yoga and Pilates studio. The businesses are tenants and are not included in the sale.
The building underwent a comprehensive renovation in 2022. Improvements included replacement of the electrical and plumbing systems, new water and septic lines, energy-efficient water heaters and appliances, foundation reconstruction, new windows, insulation and air sealing, a new rear roof, a rear egress, and a monitored fire alarm system. The property also has a Limited Lead-Free certificate and a property tax credit extending through 2032, subject to buyer verification of transferability. Income and expense details are available after execution of a confidentiality agreement.
The building underwent a comprehensive renovation in 2022. Improvements included replacement of the electrical and plumbing systems, new water and septic lines, energy-efficient water heaters and appliances, foundation reconstruction, new windows, insulation and air sealing, a new rear roof, a rear egress, and a monitored fire alarm system. The property also has a Limited Lead-Free certificate and a property tax credit extending through 2032, subject to buyer verification of transferability. Income and expense details are available after execution of a confidentiality agreement.
Key Highlights
- Five apartments and three storefronts at 200‑204 High Street
- Residential mix includes two 2‑bedroom units and three 1‑bedroom units
- Comprehensive renovation completed in 2022
Property Analytics
Current Use
Lease Details
5
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
636
Businesses Nearby
Explore this area
Business Placement
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 Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Downtown asset combines apartments with leased storefront space.
Where is this mixed-use property located?
The property is located at 200-204 HIGH ST Chestertown, MD.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: Five apartments and three storefronts at 200‑204 High Street; Residential mix includes two 2‑bedroom units and three 1‑bedroom units; Comprehensive renovation completed in 2022
