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$949,000

  • For Sale
  • Active
  • Commercial Institutional
See This Home
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See This Home
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4 story office complex /commercial building in the Heart of Cambridge at central business and Arts and Entertainment district corner -intersection. One of a kind location with additional lot for on site parking. Many recent updates and upgrades. Currently fully leased with long term tenants. Be a part of the Cambridge Renaissance! Also includes additional parking lot which is 603 Locust Street.

Full Property Details for 601 Locust St

General

  • Price: $949,000
  • Taxes: $8,022 (2025)
  • Status: Active
  • Type: Commercial Institutional
  • Source: BrightMLSMidAtlantic
  • MLS ID: MDDO2010742
  • Updated: 12/17/2025
  • Added to Site: 117 day(s) ago

Business

  • Business Type: Professional, Other/General Retail, Medical

Interior

  • Flooring: Carpet, Concrete

Rooms

Bathrooms

  • Restrooms: 3

Parking

  • Total Spaces: 10
  • Parking Features: Private, Surface
  • Parking Type: Parking Lot

Location

  • Municipality: Cambridge
  • County: DORCHESTER
  • Subdivision: DOWNTOWN CAMBRIDGE
  • Driving Directions: Corner of High and Locust St Cambridge. Rt 50-take Maryland Ave into Cambridge and across Creek bridge. Straight to left on Gay St. Right on Race. Subject on Corner right hand side,
  • Location Details: Corner Lot/Unit
  • Historic District: Yes
  • City Limits: Yes

Heating & Cooling

  • Cooling Type: Multi Units, Ductless/Mini-Split
  • Cooling Fuel: Electric
  • Heating Type: Baseboard - Hot Water
  • Heating Fuel: Natural Gas
  • Water Heater: Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Construction: Brick
  • Foundation: Block
  • Roof: Rubber
  • Entry Floor Number: 1
  • Elevator(s ): 1
  • Stories/Levels: 4
  • Building Size: 8356
  • Year Built: 1950
  • Year Built Source: Assessor
  • Property Condition: Very Good

Unit Information

  • # Tenants: Multiple

Lot Features

  • Property View: City
  • Lot Size (Acres): 0.06
  • Lot Size (Sq. Ft.): 2,580
  • Lot Size Source: Assessor
  • Street/Road Desc.: Access - Above Grade, Black Top, Paved
  • Zoning: GC
  • Lot Description: Additional Lot(s), Corner

Financial Considerations

  • Price Per Sq. Ft.: $113.57
  • Assessment Year: 2025
  • Tax w/Assessment: $427,100
  • Tax Amount: $8,022
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Fee Simple
  • Investment: Yes
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.

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— 601 Locust St —

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with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 601 Locust St

School District:Dorchester County Public Schools
NameGradesDistance
Sandy Hill Elementary School
1503 Glasgow Street, Cambridge, MD 21613
PK-50.9 mi
Mace's Lane Middle School
1101 Maces Lane, Cambridge, MD 21613
6-81.2 mi
Cambridge-South Dorchester High School
2475 Cambridge Beltway, Cambridge, MD 21613
9-121.9 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 601 Locust St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/06/2025
Listed
$949,000
65.04%
MLS
7/10/2006
Sold
$575,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 601 Locust St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,022
6%
$427,100
2%
2023
$7,577
—
$418,533
2%
2023
$7,577
70%
$409,967
2%
2022
$4,464
28%
$401,400
3%
2017
$3,481
-51%
$390,467
3%
2021
$7,158
2%
$379,533
3%
2020
$7,028
3%
$368,600
—
2019
$6,843
—
$368,600
—
2018
$6,843
102%
$368,600
—
2016
$3,396
-50%
$368,600
—
2015
$6,793
-4%
$368,600
-4%
2014
$7,084
—
$384,400
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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601 Locust Street, Cambridge, MD 21613 (MLS# MDDO2010742) is a Commercial Institutional property. 601 Locust Street is currently listed for $949,000 and was received on October 06, 2025. This property is listed by The Powell Legacy Group of Coldwell Banker Realty from our Salisbury Office.Want to learn more about 601 Locust Street? Do you have questions about finding other Commercial Institutional real estate for sale in Cambridge? You can browse all Cambridge real estate or contact a Coldwell Banker agent to request more information.

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