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Chestertown, MD Storefront Properties for Sale

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Worton, MD Church Hill, MD Kennedyville, MD
Turnkey Investment Property in Chestertown
Updated: Apr 24
Turnkey Investment Property in Chestertown

200 HIGH St, Chestertown, MD 21620

$2,300,000
Turnkey, profitable investment property with no vacancies since 2022 renovation.
Solid leases in place for 5 apartments and 3 storefronts in downtown Chestertown.
Generous property tax credit through 2032 (buyer to verify transferability).
Complete renovation to the studs in 2022 with new electric, plumbing, water heaters, appliances, foundation, windows, insulation, roof (rear), water/sewer lines, and rear egress.
Two storefronts rented to a local arts non‑profit with a yoga/pilates studio moving into the third.
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Chestertown, MD, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Renovated Multi-Office Building
Renovated Multi-Office Building

405 STEMMERS RUN RD, Essex, MD 21221

$850,000
0.09 AC lot

Renovated office building with multiple suites and a monthly-lease tenant configuration on a high-traffic corridor.

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Commercial Property in Rock Hall
Commercial Property in Rock Hall

21279 W SHARP Street, Rock Hall, MD 21661

$325,000
0.19 AC lot

Commercial property in the heart of Rock Hall, Maryland.

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Renovated Multi-Suite Office Building
Renovated Multi-Suite Office Building

405 Stemmers Run Rd, Essex, MD 21221

$850,000
4,736 sqft

Renovated office building with multiple suites, two-level layout, and replacement HVAC on the upper level.

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Rock Hall Commercial Property Opportunity
Rock Hall Commercial Property Opportunity

21279 W SHARP St, Rock Hall, MD 21661

$325,000
0.19 AC lot

Commercial property in Rock Hall, MD, suitable for retail.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Commercial Lot in Downtown Chestertown
Commercial Lot in Downtown Chestertown

116 CROSS St, Chestertown, MD 21620

$109,999

Downtown commercial lot with development potential near established businesses.

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Commercial Land Development Opportunity
Commercial Land Development Opportunity

200A Back River Neck Road, Essex, MD 21221

$650,000

Entitled commercial land for retail/office building with active grading permit.

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Prime Commercial Lot in Perryville
Prime Commercial Lot in Perryville

1105 PERRYVILLE Road, Perryville, MD 21903

$489,900
1.10 AC lot

High-exposure commercial lot with frontage on Perryville Road and Aiken Avenue.

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Commercial Lot on Route 40
Commercial Lot on Route 40

2515 PULASKI HIGHWAY, North East, MD 21901

$245,000
0.81 AC lot

Commercial or office lot on busy Rt. 40 for sale.

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Chestertown, MD Storefront Properties Market Trends and Statistics

Explore 1 storefront properties for sale in Chestertown, MD on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $2,300,000.

Sale prices for retail units in Chestertown, MD start at $2,300,000, averaging $2,300,000, and reaching up to $2,300,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Shopping centers 2
Storefront properties 2

Demographics Overview

Population 14K
Population Growth (5Y) +2.9%
Median Household Income $76,094
College Educated 32.4%

High-Yield Neighborhoods for Investment

Identify Chestertown submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
21620 $2.3M

Taxes & Financing

Tax Rate (average for all types) 1.34%
Property Tax per SF $23.81 per SF
Tax Rate vs County Average 0.07 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Kent County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Chestertown fall within the 10,000 to 25,000 square foot range.

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