Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
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Financial Advisor
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Charitable Organization
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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