627 Race Street, Cambridge, MD, 21613

627 Race Street Cambridge, MD 21613

627 Race Street, Cambridge, MD, 21613
627 Race Street, Cambridge, MD, 21613 627 Race Street, Cambridge, MD, 21613 627 Race Street, Cambridge, MD, 21613 627 Race Street, Cambridge, MD, 21613 627 Race Street, Cambridge, MD, 21613 627 Race Street, Cambridge, MD, 21613 627 Race Street, Cambridge, MD, 21613 627 Race Street, Cambridge, MD, 21613 627 Race Street, Cambridge, MD, 21613
FOR SALE FOR LEASE
Property Type:
Multi Tenant Office
Amount:
$7,495,000
Last Verified:
Dec 02, 2024

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Highlights


Description

+/- 41,436 SF of well-maintained, class A+ professional space located in Cambridge, MD. This competitively priced, 3-story, all brick building features multiple conference rooms, reception areas, and office space able to be demised as needed. Each floor is approximately +/- 13,812 SF with elevator access. The property features significant recent upgrades to the interior lighting, HVAC, elevators, and exterior landscaping. The property is on a 1.47 acre lot with 108 asphalt paved parking spaces. The property is located within a Qualified Opportunity Zone. Contact the listing team for more details and to schedule your showing! Also available for lease at a rate of $14.00 SF/yr (NNN).

+/- 41,436 SF of well-maintained, class A+ professional space located in Cambridge, MD. This competitively priced, 3-story, all brick building features multiple conference rooms, reception areas, and office space able to be demised as needed. Each floor is approximately +/- 13,812 SF with elevator access. The property features significant recent upgrades to the interior lighting, HVAC, elevators, and exterior landscaping. The property is on a 1.47 acre lot with 108 asphalt paved parking spaces. The property is located within a Qualified Opportunity Zone. Contact the listing team for more details and to schedule your showing! Also available for sale with an asking price of $7,495,000.

Follow Route 50 into Cambridge, turn onto Cedar St. Turn right onto Race St. 627 Race St is located on your left.


Year Built: 1998
Building Size: 41436sq ft
Building Class: A
Lot Size: 1.47 acres


Documents

Lease Brochure
Sale Brochure

Units for Lease

627 Race Street
Space Available: 41436 SF
Lease Type: NNN

Price Per Sqft/Year: $14.00

Map of 627 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:

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  • 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.