144 Main StElkton, MD 21921

For Sale
$525,000

High-return investment opportunity in Elkton, MD

Overview

Added:
Feb 3
Days on market:
39
This exceptional Elkton, MD commercial property, located at 144 E Main Street, Unit 144-146, presents a lucrative investment opportunity. The 7,519 square foot building boasts a prime location directly across from the county courthouse, ensuring high visibility and accessibility. The property has undergone recent remodeling, reflecting pride of ownership. The main level comprises well-appointed office spaces, including a 17x15 reception area with direct Main Street access, a 15x11 conference room also with Main Street access, and two additional offices (16x11 and 12x10) at the rear. The building also features five one-bedroom apartments, generating consistent rental income. Current rents range from $600 to $1100 per month, with tenants responsible for their own electricity. Four apartments are located on the second and third floors, each with private interior access and a shared fire escape. One additional apartment is situated on the lower ground level. Most apartments have long-term tenants. The building includes full landings on the upper apartment levels and an easement to the right of the building for rear access. The 0.1-acre lot (Parcel # 2404) measures 4,299 square feet, as per the survey. Showings of the apartments are limited to serious buyers. This property offers a blend of commercial and residential income streams, making it an ideal investment for discerning buyers.

Property Details for 144 Main St

Property type
Other commercial real estate
Square Feet
7,519 SF
Year Built
1900
Lot Size (sq. ft)
4,356 SF

Location Insight

City
Elkton
County
CECIL
State
Maryland
Latitude
39.60828
Longitude
-75.82832
144 Main St, Elkton, Maryland

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
144 Main St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message