518 & 522 REAR Race Street, Cambridge, MD, 21613

518 & 522 REAR Race Street Cambridge, MD 21613

518 & 522 REAR Race Street, Cambridge, MD, 21613
518 & 522 REAR Race Street, Cambridge, MD, 21613 518 & 522 REAR Race Street, Cambridge, MD, 21613 518 & 522 REAR Race Street, Cambridge, MD, 21613 518 & 522 REAR Race Street, Cambridge, MD, 21613 518 & 522 REAR Race Street, Cambridge, MD, 21613 518 & 522 REAR Race Street, Cambridge, MD, 21613 518 & 522 REAR Race Street, Cambridge, MD, 21613 518 & 522 REAR Race Street, Cambridge, MD, 21613 518 & 522 REAR Race Street, Cambridge, MD, 21613 518 & 522 REAR Race Street, Cambridge, MD, 21613 518 & 522 REAR Race Street, Cambridge, MD, 21613 518 & 522 REAR Race Street, Cambridge, MD, 21613 518 & 522 REAR Race Street, Cambridge, MD, 21613 518 & 522 REAR Race Street, Cambridge, MD, 21613 518 & 522 REAR Race Street, Cambridge, MD, 21613 518 & 522 REAR Race Street, Cambridge, MD, 21613 518 & 522 REAR Race Street, Cambridge, MD, 21613 518 & 522 REAR Race Street, Cambridge, MD, 21613 518 & 522 REAR Race Street, Cambridge, MD, 21613 518 & 522 REAR Race Street, Cambridge, MD, 21613 518 & 522 REAR Race Street, Cambridge, MD, 21613 518 & 522 REAR Race Street, Cambridge, MD, 21613 518 & 522 REAR Race Street, Cambridge, MD, 21613 518 & 522 REAR Race Street, Cambridge, MD, 21613 518 & 522 REAR Race Street, Cambridge, MD, 21613 518 & 522 REAR Race Street, Cambridge, MD, 21613 518 & 522 REAR Race Street, Cambridge, MD, 21613 518 & 522 REAR Race Street, Cambridge, MD, 21613 518 & 522 REAR Race Street, Cambridge, MD, 21613 518 & 522 REAR Race Street, Cambridge, MD, 21613 518 & 522 REAR Race Street, Cambridge, MD, 21613 518 & 522 REAR Race Street, Cambridge, MD, 21613
FOR SALE
Property Type:
Street Retail
Amount:
$1,060,000
Last Verified:
Jun 30, 2025

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Highlights

  • Retail/Warehouse
  • Open Layout
  • Two Large Showcase Windows

Description

Introducing an opportunity at 518 Race St in Cambridge, MD. This 4,630 SF building, built in 1925, offers exceptional potential for retail and street retail users. Zoned Downtown/Waterfront Development District, it allows for a versatile amount of uses for commercial ventures. With a strategic location in the heart of Cambridge, this property provides large amounts of traffic with great visibility. 5+/- Parking spots are available for customer use, along with street parking. Central A/C & lighting were replaced in 2018, the roof was recoated with silicone in 2021, a window unit helps provide A/C to the warehouse portion of the building, which also contains an 8 ft roll up door, a 48" X 96" rear commercial entrance door, 12' ceilings throughout, along with one restroom. The property features an open layout, with two large showcase windows for advertisement. This property can also be purchased together with 522 Race St #Rear. Deeded right a way to Muir Main. Front Room 96x25, Rear Storage 30x25, 1/2 bath 6x4, Way Back Storage 35x27. Overall Length 158x27+/- 522 Race St #REAR is a property consisting of 3 warehouse buildings in the heart of Cambridge, MD, these 3 buildings total up to 5456 SF offering versatile industrial warehouse space. The property was built in 1945. The first building is a block building (35' X 100') with two 12' roll up door, a ceiling height of 12', floor drain, a bathroom, newly updated 200 Amp electrical services, LED lighting, and a new propane heater. Building two (37' X 50') has one 12' fiberglass roll up door, and electricity present but not connected. Building three (22' X 19') has a double door entrance, and can be used as additional storage. The parking lot is paved and fenced with 2 - 16' entrances with double 8' gates. This property can be purchased with 518 Race St. All offers are encouraged!

Discover the vibrant energy of historic Cambridge, MD, where the past meets the present in a charming waterfront setting. Just minutes from the property, explore the local shops, restaurants, and attractions that draw residents and visitors alike. Stroll along the picturesque Choptank River, visit the Harriet Tubman Museum and Educational Center, or indulge in fresh seafood at nearby eateries. With a perfect blend of small-town charm and modern amenities, the area offers an enticing opportunity for Retail / Street Retail investors to become part of this thriving community. Don't miss the chance to be a part of the exciting growth and potential that Cambridge has to offer.

Building Size: 10086sq ft
Lot Size: 0.36 acres


Documents

SVN - Brochure (P)

Map of 518 & 522 REAR Race Street, Cambridge, MD, 21613

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.