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Home for Sale at 415 Talbot St, St Michaels, MD 21663

 
 
 
 
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415 Talbot St, St Michaels, MD 21663
Listing# 1000048711
 
 
 
 
Price: $795,000
Type: Commercial Sale
County: Talbot
 
 
 
 
    Photo of home for sale at 415 Talbot Street, St Michaels MD
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Property Description:
 
 
 
 
Truly one of St. Michael's premier properties, this opportunity offers a variety of options in its use. Since purchasing the property in 2000, the front building has been extensively renovated and upgraded over the years. The first floor can be used for retail/shop/office or restaurant or even returned to residential use. With its original architectural details and double entrances the possibilities are many. The second floor apartment with its own private entrance is perfect for a new owner, but can be rented. (Approximate monthly rent $1,100). Rentals are always in demand in St. Michaels and nice apartments can demand a premium price. The rear building, which was constructed in 2004 currently houses a complete catering kitchen on the first floor and includes a garage door for easy access, half bath, and stackable W/D. The second floor, which is accessed by the exterior staircase features an open floor plan perfect for an office or storage. With its unique design the property can be divided and rented in a variety of ways. The front building potentially can be divided between first floor and rental apartment, or the first floor could be divided into two retail spaces each with its own front door access. The rear building can also be rented as a complete unit or separated out between first and second floor. The current owners have built a tremendously successful business at this location, first in the retail shop which expanded to their catering business. The appeal of the front porch plus parking in the rear has always been appealing to their patrons.

 
 
 
 
OVERVIEW:
 
 
 
 
Property Type:Commercial Sale
Listing Status:ACTIVE
Original MLS Name:MRIS
Subdivision:St. Michaels
Year Built:1900
Lot Square Feet:7200
Heating Type:Radiator
Heating Fuel:Bottled Gas/Propane
Cooling Type:Ceiling Fan(s), Wall Unit
Water Source:Public
Sewer/Septic:Public Sewer
 
 
 
 
FINANCIAL:
 
 
 
 
Listing Price:$795,000
Annual Taxes:$7,476
Tax Year:7475
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All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Keller Williams Realty Excellence shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

 

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