Property profile

228 Bridge St Elkton, MD 21921

OFF-MARKET
Retail properties & Spaces
20,000 SF 0.59 ac lot Built 1972
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Property summary

AI-generated overview

This exceptional 1,975-square-foot retail space, located at 228 S Bridge St in Elkton, Maryland, presents a fantastic opportunity for a discerning business. Situated on a 0.59-acre lot in Cecil County (APN: 03-048942), this single-tenant property boasts a total building size of 20,000 square feet and ample parking with 150 spaces. The building, constructed in 1972 and extensively renovated in 2015, is zoned C2, ensuring flexibility for a variety of retail uses. The space itself is in excellent condition and features a built-in water filtration system with multiple hookups, a three-compartment sink, a safety eye wash station, energy-efficient LED lighting, and pre-installed wiring for four security cameras. Previously occupied by Fresh Source Farms, this ready-to-occupy space offers immediate access to a thriving market in Elkton, Maryland, zip code 21921. The property's convenient location and modern amenities make it an ideal choice for businesses seeking a well-maintained and functional retail space. This is a rare opportunity to secure a prime retail location in a desirable area.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1972
Total area 20,000 SF
Lot 0.59 ac (25,700 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Courier Service Postal Service
  • Specialty Food Shop Farmer's Market
  • Specialty Food Shop Farmer's Market

Location

228 Bridge St Elkton, MD 21921
Elkton metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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