New Construction
Address
103 Fremont Street, Saint Michaels, MD
Price
$ 1,300,000
Property Attributes
- MLS#MDTA2006614
- TypeCommercial
- CountyTALBOT
- CitySaint Michaels
- NeighborhoodHistoric St. Michaels
- Zip21663
- StyleRestaurant/Bar
- Year Built1940
- Taxes$ 2781
- Price$ 1,300,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage2392
- Lot Size3,049 SqFt
Data Source:
Bright MLS
Property Description
Completely rebuilt in 2023, this striking commercial space has great income potential. Upstairs the stylish three-bedroom, 2-bath furnished apartment with 400 sf deck is approved for short term vacation rental. Downstairs the 1500 sf restaurant space with tree-canopied courtyard has an approved handicap lift and a usage and occupancy permit . The building is fully sprinklered and has a propane tankless hot water system.
| Price History | |
|---|---|
| 11/20/2023 | Listed $1,300,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Heat Pump(s) |
| Cooling | Central A/C |
| Utilities | Electric Available,Under Ground |
| Possession | Settlement |
| Zoning | COMMERCIAL |
| Security Features | Sprinkler System - Indoor,Smoke Detector |
| Construction Materials | Frame |
| Year Built | 1940 |
| Property SubType | Mixed Use |
| Tax Year | 2021 |
| Percent Ownership | Fee Simple |
| Cool Fuel | Electric |
| Business Type | Restaurant/Bar |
| Accessibility | Chairlift |
| County | TALBOT |
| New Construction | Yes |
| Property Type | Commercial Sale |
| Subdivision Name | HISTORIC ST. MICHAELS |
| Possible Use | Apartments,Commercial,Food Market,Food & Beverage,Professional Service,Restaurant,Retail,Spa |
| Water Access Y/N | No |
| Status | ACTIVE |
| Directions | Rt. 33 to Railroad Ave. Left on Fremont. |
| ModificationTimestamp | 2024-03-25T12:28:20 |
| City | SAINT MICHAELS |
| Buyer Agent Compensation | 2.5 |
| Total Units | 1 |
| Lot Size Square Feet | 3000.00 |
| Tax Assessed Value | 242700.0 |
| Waterfront Y/N | No |
| Street Name | FREMONT |
| Tax Annual Amount | 2781.0 |
| Property Condition | Excellent |
| Price Per Sq Ft | 500.0 |
| Construction Completed Y/N | Yes |
| Historic Y/N | No |
| Lease Considered Y/N | No |
| Vacation Rental Y/N | No |
| Days on Market | 146 |
| Location Type | Downtown |
| Standard Status | Active |
| Year Built Source | Estimated |
| Buyer Agent Compensation Type | % Of Gross |
| Association Recreation Fee | No |
Interior Features
| Heating Fuel | Electric |
|---|---|
| Hot Water | Tankless,Propane |
| Heating Y/N | Yes |
| Street Suffix | STREET |
| Central Air Y/N | Yes |
Exterior Features
| Water Source | Public |
|---|---|
| Type of Parking | None |
| Foundation Details | Crawl Space |
| Water View Y/N | No |
| Building Area Total | 2600.00 |
| Lot Size Acres | 0.07 |
| Lot Size Units | Square Feet |
| Lot Size Source | Estimated |
| Road Responsibility | City/County |
| Land Assessed Value | 130500.00 |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
| Fencing Y/N | Yes |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 21663
Price
Taxes
Visits
Year Built
Walkscore
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