301 Crusader Rd, Cambridge, Md

$1,150,000

Price

8,388 sqft

Building Size

1986

Year Built

Gallery
Street
Map
Overview
Building Size
8,388 sqft
Year Built
1986
Price Per Sqft
$137.10
Zoning
CORRIDOR MIXED-USE
Roof
Architectural Shingle
Description

This investment opportunity is anchored by a strong regional bank which could fit well as an investment for a business owner/occupant/investor who could occupy the vacant space and have a regional bank as your tenant with the rental income essentially paying for your mortgage! It could also fit very well in the traditional investor's existing portfolio. The property consists of a multi-tenant property in a well-known location in the up-and-coming Cambridge, MD currently going through a renaissance. The property is strategically located just 2-minutes from the historic charming downtown Cambridge and less than 60-seconds from the newly redeveloped "Cambridge Marketplace" with new tenants such as Starbucks, Chick-fil-a, and the future (under construction) home of University of Maryland Shore Medical Center (formerly Dorchester General Hospital).

The property is anchored by a strong regional Bank, Summit Financial, and has been well maintained with the landscaping and parking lot recently completed, new HVAC units installed, and the interior of the bank fully remodeled in 2021. There is a high barrier to entry for banks in today's market and this has been a well-established bank location for nearly 40-years!

High credit tenant / Well-known location / Very well maintained / Attractive curb appeal

Highlights
  • Days on Market: 104
  • Parking Features: Handicap Parking, Lighted Parking, Paved Parking, Private
  • Heating: Heat Pump(s)
Location
Gallery