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    206 Cannon St Chestertown, MD 21620
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    Property profile & analytics

    206 Cannon St, Chestertown, MD 21620

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    • Retail space
    • 1,588 SF
    • 1.56 lot acres
    Downtown Chestertown Development Opportunity For Sale
    $1,150,000
    1.56 Acres

    Downtown Chestertown Development Opportunity

    1.56 acre parcel in historic Chestertown, Maryland.

    206 CANNON STREET, Chestertown, MD 21620
    View Listing
    Property ID
    US40-2239354
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail space

    Property Details for 206 Cannon St

    Year built
    1900
    Construction
    BRICK
    Lot size
    1.56 lot acres
    Zone code
    C-2
    Property type
    Retail space
    APN
    04-022211
    APU
    4022211

    Description

    This exceptional 1.56-acre property presents a unique development opportunity in the heart of historic Chestertown, Maryland. Located at 206 Cannon Street, this expansive lot boasts a versatile C-2 zoning classification, encompassing both R1 and R5 zoning designations. This allows for a wide range of permitted uses, including multi-family dwellings, townhouses, professional and business offices, and even non-profit museums. The property includes an existing warehouse building, adding to its potential. Its strategic location offers unparalleled access to the Chester River waterfront, just blocks away, as well as Chestertown's vibrant amenities. Enjoy proximity to picturesque parks, a diverse selection of shops and restaurants, art galleries, and the prestigious Washington College. The property's frontage on three streets provides excellent visibility and accessibility. With its substantial size, flexible zoning, and prime location, this property is ideal for developers seeking a high-impact project in a thriving historic community. The 1,588 square foot warehouse building offers additional possibilities for immediate income or redevelopment. This is a rare chance to acquire a significant parcel in a highly desirable area, offering substantial potential for future growth and return on investment. Don't miss this opportunity to shape the future of Chestertown's dynamic downtown.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $790,000
      ML approach
      $895,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Chestertown
    County
    Kent
    State
    Maryland
    Longitude
    -76.0669
    Latitude
    39.2072

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $8,566
    $507,000
    $43,100
    $550,100
    -
    $507,000
    $43,100
    $550,100
    View Listing
    More about this property
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