144 Main St Elkton, MD 21921

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.