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    132 Main St Elkton, MD 21921

    Sponsored
    For Lease
    $13 SF/Yr ($10,310 /Mo)

    Prime Elkton location, 3,700 SF available.

    Lot size:
    9,084 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This 9,084 square foot retail or restaurant space at 132 W Main St, Elkton, MD 21921, is situated in a high-traffic area within Cecil County. The property, built in 2003, is classified as Class C and features a single tenancy with 3,700 square feet currently vacant. The lot size is 0.3 acres and includes two paved parking spaces. The building boasts excellent street frontage with ample window space, enhancing visibility for potential businesses. A significant advantage is the inclusion of a 600 square foot outdoor deck overlooking the rear of the property, providing additional space for outdoor seating or other uses. The property is zoned TC - Town Center, making it suitable for a variety of commercial uses, including cafes, coffee shops, restaurants, and retail shops. The property's location in the heart of Elkton, a growing town, presents a strong opportunity for businesses seeking high visibility and convenient access to customers. The APN is 03-038580. This property offers a unique blend of indoor and outdoor space, ideal for businesses seeking to maximize their customer experience and brand presence.

    Property Features for 132 Main St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    9,084 SF
    Class
    C
    Total Rate
    10310.34

    Building Details

    Year Built
    2003

    Unit(s) available at that property

    Space
    Available Space
    Size
    3,700 SF
    Rate per SF
    $13

    HighLights

    • 0.304‑acre lot
    • 3,700 square foot building
    • 600 square foot outdoor deck
    • HVAC system, fully climate‑controlled
    • New roof installed April 2024
    • Public water, sewer, and natural gas utilities
    Property Profile Location Intelligence

    Current Use by Public Records

    Avalon Custom Builders Custom Home Builder

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Elkton
    County
    Cecil
    State
    Maryland
    Longitude
    -75.8309275
    Latitude
    39.6071582

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    FAQs

    What type of property is this?
    Restaurant - Prime Elkton location, 3,700 SF available.
    Where is this restaurant located?
    The property is located at 132 Main St Elkton, MD.
    What is the lease rate?
    The lease rate is $13 SF/Yr.
    What are key features of this property?
    This property features: 0.304-acre lot; 3,700 square foot building; 600 square foot outdoor deck
    Request Owner's contact information
    132 Main St Elkton, MD 21921
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    Elkton, MD 21921
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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
    132 Main St Elkton, MD 21921
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