2918 Old Route 50 Cambridge, MD $ 199,000
2918 Old Route 50
$ 199,000
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2918 Old Route 50

Cambridge, MD, 21613
$ 199,000
Baths0.0

Monthly Estimate*

$ 1,323

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Studio

Lots and Land for sale in Cambridge, MD

for $199,000. The lot size is 1.1.

This 1.099 acre parcel of unimproved land in Cambridge, Maryland offers a prime commercial opportunity in a highly sought-after location. Situated along the major east/west corridor of the eastern shore of Maryland, the property benefits from excellent exposure on the heavily trafficked Route 50. The property's commercially zoned designation opens up a wide range of development possibilities, allowing for various business ventures and commercial enterprises. Whether you envision a retail establishment, office space, or a service-oriented business, this property allows for a myriad of uses. One notable advantage of this property is its location in the county, which means there are no town taxes to contend with, potentially reducing operating costs for future businesses. Additionally, being situated along Route 50 ensures a steady stream of passing traffic, offering excellent visibility and the opportunity to attract customers from both local residents and visitors to the area. While the land is currently unimproved, the absence of existing structures presents a blank slate for customized development. As the property is located in the county, any future development would rely on well and septic systems.

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Lots and Land Active

Price

$ 199,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 999

Style

Office,Vacant,,Retail

Lot Size

1.1

Town/City

Cambridge

County/Region

Dorchester

MLS | Web ID

1002029632

Features
General
Sewer Public Sewer
Possession Settlement
Zoning B-2
Property SubType Land
Tax Year 2017
Current Use Office Vacant Other Retail
Percent Ownership Fee Simple
Municipality Cambridg
County DORCHESTER
Property Type Land
HOA / Comm Assn N
Water Access Y/N N
Status ACTIVE
Directions Located on the east side of Cambridge with exposure on the major Rt 50 east/west corridor.
City CAMBRIDGE
Buyer Agent Compensation 3
Zoning Description Commercial
Lot Size Square Feet 47916.00
Waterfront Y/N N
Street Name OLD ROUTE 50
Tax Annual Amount 999.0
Clean Green Assessed Y/N N
Price Per Sq Ft 4.15
Additional Parcels Y/N Y
Vacation Rental Y/N N
Days on Market 2112
Standard Status Active
Tax Lot 334
Buyer Agent Compensation Type % Of Gross
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Exterior
Water Source Public
Water View Y/N N
Lot Size Acres 1.10
Lot Size Units Square Feet
Lot Size Source Estimated
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 2918
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* Excluded Features
List By
Svn/Miller Commercial Real Estate

Broker

john.mcclellan@svn.com

Email

Affordability Calculator

$1,406
Per Month
94%
6%
0%
Monthly Principal & Interest
$1,323
Monthly Property Taxes
$83
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3536465 Elementary School
3534448 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/21/2023$199,000 -50.00% Price Down
7/9/2020$398,000 Listed Price

Map


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2918 Old Route 50, Cambridge, MD, 21613 is a Lots and Land for sale at $199,000 with a lot size of 1.1. 2918 Old Route 50 is a studio with 0.0 baths. The property's zip code is 21613 which is in Cambridge, MD