144 Main St Elkton, MD 21921

Property Details for 144 Main St

Year built

1900

Lot size

0.10 lot acres

Property size

2,625 SF

Zone code

C1

Property type

Commercial real estate

APN

03-096475

APU

3096475

Description

This exceptional Elkton, MD commercial property, located at 144 E Main Street, Unit 144-146, presents a lucrative investment opportunity. The 7,519 square foot building boasts a prime location directly across from the county courthouse, ensuring high visibility and accessibility. The property has undergone recent remodeling, reflecting pride of ownership. The main level comprises well-appointed office spaces, including a 17x15 reception area with direct Main Street access, a 15x11 conference room also with Main Street access, and two additional offices (16x11 and 12x10) at the rear. The building also features five one-bedroom apartments, generating consistent rental income. Current rents range from $600 to $1100 per month, with tenants responsible for their own electricity. Four apartments are located on the second and third floors, each with private interior access and a shared fire escape. One additional apartment is situated on the lower ground level. Most apartments have long-term tenants. The building includes full landings on the upper apartment levels and an easement to the right of the building for rear access. The 0.1-acre lot (Parcel # 2404) measures 4,299 square feet, as per the survey. Showings of the apartments are limited to serious buyers. This property offers a blend of commercial and residential income streams, making it an ideal investment for discerning buyers.

Location Insight

City

Elkton

County

Cecil

State

Maryland

Longitude

-75.8282

Latitude

39.6082

CBSA code

37980

CBSA name

PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments