5585 South Main Street Rock Hall, MD $ 550,000
5585 South Main Street
$ 550,000
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5585 South Main Street

Rock Hall, MD, 21661
$ 550,000
Baths0.0 Sq 19,045

Monthly Estimate*

$ 3,655

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Studio

Commercial Property for sale in Rock Hall, MD

for $550,000. This 19,045 square foot building was built in 1945 on a lot size of 1.35.

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.

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Commercial Active

Price

$ 550,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Apartment Building,Day Care Facility,Institutional

Lot Size

1.35

Year Built

1945

Town/City

Rock Hall

County/Region

Kent

MLS | Web ID

MDKE2003170

Features
Interior
Heating Fuel Electric
Hot Water Electric
Heating Y/N Y
Central Air Y/N N
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General
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 N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions Located within the Rock Hall Historic District near the intersection of S. Main and Ann Street.
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
Waterfront Y/N N
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 N
Vacation Rental Y/N N
Days on Market 231
Standard Status Active
Year Built Source Estimated
Buyer Agent Compensation Type % Of Gross
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Exterior
Water Source Public
Type of Parking Parking Lot
Water View Y/N N
Building Area Total 18400.00
Lot Size Acres 1.35
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 5585
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* Excluded Features
List By
Svn/Miller Commercial Real Estate

Broker

ross.benincasa@svn.com

Email

Affordability Calculator

$3,655
Per Month
100%
0%
0%
Monthly Principal & Interest
$3,655
Monthly Property Taxes
--
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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THE TIME TO SELL IS NOW!
Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/13/2023$550,000 Listed Price

Map


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5585 South Main Street, Rock Hall, MD, 21661 is a Commercial Property for sale at $550,000 with 19,045 sqft and a lot size of 1.35. 5585 South Main Street is a studio with 0.0 baths and was built in 1945. The property's zip code is 21661 which is in Rock Hall, MD