Recently Viewed Properties
See This Home
Save This Listing
Close

$210,000

  • Sold
  • Closed
  • Retail
See This Home
Save This Home
See This Home
Save This Home
Located on Main Street in downtown Elkton, Maryland, zoned C1, featuring one storefront and 2 apartment rental units (possible three unit with modifications). The storefront (Unit #1) is currently a salon, which has been in operation for many years by the same tenant. The second level apartment (Unit #2) has been remodeled, offering a one bedroom, one bath unit (currently leased). Located behind the storefront, on the main level is a 2-3 bedroom, 2 full bath apartment (Unit #3), which will require extensive renovations. A third apartment rental potential (Unit #4) is located on the third level, also needing renovations, as well as an egress addition to bring it to building code for occupancy. Priced to give the new owner an opportunity to renovate for a successful business/investment opportunity.***PLEASE NOTE--Selling "AS IS". Seller will make no repairs or renovations. Extensive renovation will be needed to allow rental potential for 2 apartments (Units 3 and 4). Current leases are month to month.***121 W. Main Street, Elkton, Maryland

Full Property Details for 121 W Main St

General

  • Sold For: $210,000
  • Taxes: $3,443 (2022)
  • Status: Closed
  • Type: Retail
  • Source: BrightMLSPhilly
  • MLS ID: MDCC2008920
  • Added to Site: 978 day(s) ago

Business

  • Business Type: Apartment Building, Hair Salon and Spa, Professional

Interior

  • Flooring: Hardwood, Vinyl, Tile/Brick

Rooms

Bathrooms

  • Restrooms: 5

Additional Information

  • Security/Safety: Smoke Detector

Parking

  • Total Spaces: 4
  • Parking Features: Public
  • Parking Type: On Street, Driveway, Private Garage

Location

  • Municipality: Elkton
  • County: Cecil
  • Driving Directions: From Elkton MD head north on MD-213/Bridge St. Turn right onto W Main St. Turn left onto Bow St. Property is located on right. Sign on property.
  • Location Details: Downtown
  • City Limits: Yes

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Hot Water
  • Heating Fuel: Oil
  • Water Heater: S/W Changeover

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Cable TV Available

Structural Information

  • Construction: Stucco, Brick
  • Stories/Levels: 0
  • Year Built: 1900
  • Year Built Source: Assessor

Unit Information

  • # Tenants: Multiple
  • Other Units: Unit 1, Unit 2, Unit 4, Unit 3

Unit 1

  • Unit Description: Unit 1

Unit 2

  • Unit Description: Unit 2

Unit 3

  • Unit Description: Unit 3

Unit 4

  • Unit Description: Unit 4

Lot Features

  • Lot Size (Acres): 0.12
  • Lot Size (Sq. Ft.): 5,100
  • Lot Size Source: Assessor
  • Street/Road Desc.: Paved
  • Zoning: C1

Financial Considerations

  • Price Per Sq. Ft.: $40.41
  • Assessment Year: 2023
  • City/TownTax: $1,220
  • City/TownTax Freq: Annually
  • County Tax: $2,162
  • County Tax Freq: Annually
  • Tax w/Assessment: $192,000
  • Tax Amount: $3,443
  • Tax Year: 2022

Disclosures and Reports

  • Ownership: Fee Simple
  • Investment: Yes

Listed by RE/MAX Chesapeake, Wanda L Jackson
Sold by Real Estate Consultants, Aaron G Butler

Listing agent

— 121 W Main St —

  • Wanda L Jackson

    RE/MAX Chesapeake

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 121 W Main St

School District:Cecil County Public Schools
NameGradesDistance
Thomson Estates Elementary School
203 East Thomson Drive, Elkton, MD 21921
PK-51.7 mi
Elkton Middle School, Elkton, MD
615 North Street, Elkton, MD 21921
6-80.9 mi
Elkton High School
110 James Street, Elkton, MD 21921
9-121.1 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 121 W Main St

Date
Details
Price
Change
Source
7/11/2023
Sold
$210,000
-6.67%
MLS
6/09/2023
Listed
$225,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by RE/MAX Chesapeake, Wanda L Jackson
Sold by Real Estate Consultants, Aaron G Butler

121 W Main Street, Elkton, MD 21921 (MLS# MDCC2008920) is a Retail property that was sold at $210,000 on July 11, 2023. Want to learn more about 121 W Main Street? Do you have questions about finding other Retail real estate for sale in Elkton? You can browse all Elkton real estate or contact a Coldwell Banker agent to request more information.