Listed By:
SVN/Miller Commercial Real Estate
Address
5585 South Main Street, Rock Hall, MD
Price
$ 550,000
Property Attributes
  • MLS#MDKE2003170
  • TypeCommercial
  • CountyKENT
  • CityRock Hall
  • Zip21661
  • StyleApartment Building,Day Care Facility,Institutional
  • Price$ 550,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage19045
  • Lot Size1.35 Acres
Data Source:
Bright MLS
Property Description

Former school building near downtown Rock Hall offers significant opportunity for developer or owner-user to rehabilitate and create community-oriented space. Potential location for assisted living facility, multifamily housing, academic center, or other specialty use. Environmental remediation for mold and asbestos necessary. Using the current footprint, developers can convert the building into up to 20 modern apartments. Alternatively, there's potential for a mixed-use concept with retail or office space on the ground floor, and comfortable living spaces above. With Rock Hall's status as a popular resort spot, this property is ideally placed for both local community needs and to attract tourists.

Price History
9/13/2023 Listed $550,000

General Features

Sewer Public Sewer
Heating Heat Pump(s)
Cooling Ceiling Fan(s)
Utilities Cable TV,Phone
Possession Settlement
Zoning OTHER
Construction Materials Brick,Asbestos,Concrete,Masonry
Exclusions Museum items,library items,office materials. Most items in building will be removed.
Year Built 1945
Property SubType Special Purpose
Tax Year 2022
Percent Ownership Fee Simple
Cool Fuel Electric
Business Type Apartment Building,Day Care Facility,Institutional,Professional,School,Warehouse
Accessibility 48 + Halls,32 + wide Doors,2+ Access Exits
County KENT
New Construction No
Property Type Commercial Sale
Water Access Y/N No
Status ACTIVE
Directions Located within the Rock Hall Historic District,near the intersection of S. Main and Ann Street.
ModificationTimestamp 2023-09-13T05:49:01
City ROCK HALL
Buyer Agent Compensation 3
Zoning Description While currently zoned Institutional,town willing to consider re-zoning based on agreed-upon buyer's use.
Lot Size Square Feet 58806.00
Tax Assessed Value 1153100.0
Waterfront Y/N No
Street Name SOUTH MAIN STREET
Tax Annual Amount 0.0
Property Condition Major Rehab Needed
Price Per Sq Ft 29.89
Lease Considered Y/N No
Vacation Rental Y/N No
Days on Market 231
Standard Status Active
Year Built Source Estimated
Buyer Agent Compensation Type % Of Gross

Interior Features

Heating Fuel Electric
Hot Water Electric
Heating Y/N Yes
Central Air Y/N No

Exterior Features

Water Source Public
Total Parking Spaces 30
Type of Parking Parking Lot
Water View Y/N No
Building Area Total 18400.00
Lot Size Acres 1.35
Lot Size Units Square Feet
Lot Size Source Estimated
Navigable Water Y/N No
Water Oriented Y/N No
Car Parking Spaces 30

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 21661

Price
AVG $580K
$550K
Visits
AVG 126
132
Data Provided by Inside Real Estate®
Year Built
AVG 1947
1945
Walkscore
AVG 50
45
Data Provided by Walkscore® not using MLS data

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