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$149,000 -$900 (-0.6%) Price Reduced
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Property Description
CALLING ALL INVESTORS! This prime commercial building in downtown Cambridge, MD offers exceptional income potential and long-term upside. Situated on a prominent corner lot in a high-traffic area, the property currently features three separate units with the flexibility to convert into as many as five income-producing spaces as this building has 5 individual electrical meters. The main unit was leased at $2,200/month and operated as a restaurant/bar, but is presently vacant. This large unit could also be subdivided into three individual commercial spaces, significantly increasing the overall rental yield. Two additional units have been recently renovated and are located at the rear of the building. One is an upstairs unit well-suited for office or studio use, while the other is a ground-level storefront ideal for retail or service tenants. Both are currently being offered for lease. With its corner lot location, strong visibility, and flexible layout, this property presents an ideal opportunity for investors looking to expand their portfolio with a multi-unit asset in a growing market. Whether you're looking for immediate cash flow, future development potential, or a combination of both, this building checks all the boxes. Don't miss out on this rare value-add opportunity in the heart of downtown Cambridge. This Property is being sold As-Is condition. Buyer is responsible for all certifications. Seller never occupied. Neither the seller or listing agent make any representation as to the accuracy of any information contained herein. Buyer must conduct their own due diligence, verification, research and inspections and are relying solely on the results thereof. Buyer to pay all closing costs and transfer tax.
Full Property Details
Full Property Details for 700 Pine St
General
- Price: $149,000
- Taxes: $1,610 (2026)
- Status: Active
- Type: Warehouse
- Source: BrightMLSMidAtlantic
- MLS ID: MDDO2012914
- Updated: 9/8/2026
- Added to Site: 27 day(s) ago
Business
- Business Type: Hair Salon and Spa, Restaurant/Bar, Storage, Supermar
Parking
- Parking Type: On Street
Location
- Municipality: Cambridge
- County: DORCHESTER
- Driving Directions: Head northwest on US-50 W/Ocean Gateway toward Old Railroad Rd, Turn left onto E Cedar St., Destination will be on the left
- City Limits: Yes
Heating & Cooling
- Cooling Type: Ductless/Mini-Split
- Cooling Fuel: Electric
- Heating Type: Wall Unit
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Block
- Stories/Levels: 2
- Building Size: 4411
- Year Built: 1930
- Year Built Source: Assessor
Unit Information
- # Tenants: Multiple
- Other Units: Unit 1, Unit 1, Unit 1, Unit 1, Unit 1
Lot Features
- Lot Size (Acres): 0.09
- Lot Size (Sq. Ft.): 4,100
- Lot Size Source: Estimated
- Zoning: D
- Lot Description: Corner
Financial Considerations
- Price Per Sq. Ft.: $33.78
- City/TownTax: $693
- City/TownTax Freq: Annually
- County Tax: $916
- County Tax Freq: Annually
- Tax w/Assessment: $100,233
- Tax Amount: $1,610
- Tax Year: 2026
Disclosures and Reports
- Ownership: Fee Simple
Listed by Tesla Realty Group, LLC, Simran Kaur Dheer
Get Pre-Approved Today
Schools
Schools serving 700 Pine St
School District:Dorchester County Public Schools
| Name | Grades | Distance |
|---|---|---|
Maple Elementary School 5225 Egypt Road, Cambridge, MD 21613 | PK-5 | 1.9 mi |
Mace's Lane Middle School 1101 Maces Lane, Cambridge, MD 21613 | 6-8 | 0.9 mi |
Cambridge-South Dorchester High School 2475 Cambridge Beltway, Cambridge, MD 21613 | 9-12 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 700 Pine St
Date
Details
Price
Change
Source
9/08/2026
Price Reduced
$149,000
-0.6%
MLS
8/12/2026
Listed
$149,900
30.97%
MLS
1/28/2026
Sold
$114,451
—
Public Record
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
Tax History for 700 Pine St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,610
—
$100,233
17%
2025
$1,610
8%
$85,700
3%
2023
$1,497
—
$83,333
3%
2023
$1,497
71%
$80,967
3%
2022
$874
9%
$78,600
—
2017
$805
-46%
$78,600
—
2021
$1,482
-9%
$78,600
-8%
2020
$1,624
3%
$85,200
—
2019
$1,582
—
$85,200
—
2018
$1,582
-9%
$85,200
-10%
2017
$1,742
100%
$94,800
—
2016
$873
-50%
$94,800
—
2015
$1,747
-11%
$94,800
-11%
2014
$1,959
—
$106,300
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 700 Pine St
700 Pine Street, Cambridge, MD 21613 (MLS# MDDO2012914) is a Warehouse property. 700 Pine Street is currently listed for $149,000 and was received on August 12, 2026. Want to learn more about 700 Pine Street? Do you have questions about finding other Warehouse real estate for sale in Cambridge? You can browse all Cambridge real estate or contact a Coldwell Banker agent to request more information.

