1103 S Talbot St, Saint Michaels, MD 21663
For Sale
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This exceptional Class A executive office building, located at 1103 S Talbot St, Saint Michaels, MD 21663, presents a unique investment opportunity. The 6,950 square foot property, situated on a 0.55-acre lot, boasts two stories and offers ample parking for 40 vehicles. Originally constructed in 1972 and extensively renovated in 2002, the building features two separate units, each with its own distinct character. The first floor comprises four office suites, a workroom, a conference room, two bathrooms, and a kitchen/break room. Meeting ADA compliance standards, this level provides a functional and comfortable workspace. The second floor, accessed via two separate exterior entrances, includes multiple offices, a conference area, and two additional bathrooms. The building's design, by Christine Dayton, and construction by Peter Hanlon, reflects a commitment to quality and functionality. The C zoning permits a wide range of uses, including healthcare, medical, dental practices, private offices, convenience stores, food services, daycare centers, churches, and government offices. Potential buyers are advised to verify permitted uses with Talbot County Planning & Zoning. The asking price is $1,900,000, translating to $273.38 per square foot. This fee-simple ownership opportunity presents a compelling investment in a desirable location. The property is currently vacant, allowing for immediate occupancy and customization to suit the buyer's specific needs.
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Capra Financial Group Financial Advisor
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Knapp Foundation Charitable Organization
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.