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    1 Washington Ave Chestertown, MD 21620

    Sponsored
    For Lease
    Contact for pricing

    Kent County Retail Space Available

    Lot size:
    18,415 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail opportunity presents 18,415 square feet of vacant space within the prominent Washington Square Shopping Center, located in Kent County. The entire shopping center is available for lease, offering a single tenant the unique advantage of complete control and customization. This presents a significant chance for a business seeking a large, high-visibility location to establish or expand its operations. The property's substantial size allows for a wide range of retail concepts, from large-format stores to multi-use spaces. The building's layout is adaptable and can be configured to meet the specific needs of a prospective tenant. The address is not provided in the available information, but its location within Kent County offers excellent access to a substantial consumer base. Given the complete vacancy, this property offers a blank canvas for a business to create a truly unique and impactful retail presence. The single-tenant occupancy eliminates the complexities of multi-tenant management, streamlining operations and maximizing efficiency. This is a rare opportunity to secure a significant retail space in a desirable location, offering substantial potential for growth and success. Interested parties are encouraged to inquire for further details and to schedule a viewing. The property is ready for immediate occupancy. The flexible space allows for a variety of retail uses, making it an ideal location for a wide range of businesses.

    Property Features for 1 Washington Ave

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    18,415 SF

    Unit(s) available at that property

    Space
    Available
    Size
    12,000 SF

    HighLights

    • Retail property totaling 18,415 square feet.
    • Shopping center with single‑tenant occupancy.
    • 18,415 square feet currently vacant.
    • Located in Kent County.
    • Suitable for tenants requiring 1,500 to 10,000 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Suggested Use

    Law Firm Realty agency 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
    Chestertown
    County
    Kent
    State
    Maryland
    Longitude
    -76.072257122839
    Latitude
    39.230055001482

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    FAQs

    What type of property is this?
    Lifestyle center - Kent County Retail Space Available
    Where is this lifestyle center located?
    The property is located at 1 Washington Ave Chestertown, MD.
    What are key features of this property?
    This property features: Retail property totaling 18,415 square feet.; Shopping center with single-tenant occupancy.; 18,415 square feet currently vacant.
    Request Owner's contact information
    1 Washington Ave Chestertown, MD 21620
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    Chestertown, MD 21620
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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
    1 Washington Ave Chestertown, MD 21620
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