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100 S Main Street, Galena, MD 21635
$230,000
100 S Main Street, Galena, MD 21635View this property at 100 S Main Street, Galena, MD 21635
100 S Main StreetGalenaMD21635
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Property Description
Investment Opportunity!!! Located on Main St. in downtown Galena, Maryland, the main level includes a retail opportunity (formerly a bakery "Oh So Sweet Confectionery") in addition to a spacious upper level 2 bedroom apartment. Main level details include laminate flooring throughout, a spacious sitting room, counter area, kitchen, kitchen back room with industrial sinks and propane cooking, bathroom, in addition to a bonus room which could be utilized for many options. The upper level apartment (Main Street and rear access stair entry) is currently leased month to month and includes 2 bedrooms, a full bath, living room, dining room and kitchen. (Washer/dryer hookups are located in the bathroom) Property upgrades include new roof added in 2019, exterior paint (2018), laminate flooring added 2016 (main and upper levels), some newer windows on main level (2018), upper level propane furnace (2020), upper level water heater (2019), upper level propane stove (2019) and upper level deck which was added in 2018. Additional property details include a off street rear parking lot with ample parking. **Please Note--It is the responsibility of the buyer and/or buyer's agent to perform their due diligence with the town and county to determine what uses are acceptable** If you are searching for an opportunity to start or relocate your business with rental potential to offset your mortgage, your search is over...100 S Main Street...your business dream awaits!!! The seller is open to holding the mortgage, offering an interest rate below the commercial market, with negotiable terms.
Full Property Details
Full Property Details for 100 S Main St
General
- Price: $230,000
- Taxes: $1,796 (2023)
- Status: Active
- Type: Retail
- MLS ID: MDKE2003236
- Updated: 4/13/2024
- Added to Site: 196 day(s) ago
Business
- Business Type: Other/General Retail
Interior
- Flooring: Laminated, Vinyl
Additional Information
- Security/Safety: Carbon Monoxide Detector(s), Smoke Detector
Parking
- Total Spaces: 6
- Parking Features: Private
- Parking Type: Parking Lot
Location
- Municipality: Galena
- County: Kent
- Driving Directions: From Elkton, MD head south on MD-213/Augustine Herman Hwy. Travel approximately 20 miles, property is located on right. Sign on property. NOTE: The seller is open to holding the mortgage, offering an interest rate below the commercial market, with negotiable terms.
- Location Details: Downtown
- City Limits: Yes
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C, Window Unit(s)
- Cooling Fuel: Electric
- Heating Type: Heat Pump - Electric BackUp, Forced Air
- Heating Fuel: Electric, Propane - Leased
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable TV Available
Structural Information
- Construction: Vinyl Siding
- Roof: Architectural Shingle
- Stories/Levels: 0
- Year Built: 1900
- Year Built Source: Assessor
- Property Condition: Very Good
Unit Information
- # Tenants: Single
- Other Units: Unit 1, Unit 2
Lot Features
- Lot Size (Acres): 0.12
- Lot Size (Sq. Ft.): 5,303
- Lot Size Source: Assessor
- Street/Road Desc.: Paved
- Lot Features: Corner
- Zoning: C3
- Lot Description: Corner
Financial Considerations
- Price Per Sq. Ft.: $108.9
- Assessment Year: 2023
- City/TownTax: $305
- City/TownTax Freq: Annually
- County Tax: $1,490
- County Tax Freq: Annually
- Tax w/Assessment: $131,400
- Tax Amount: $1,796
- Tax Year: 2023
- Owner Pays: Taxes - Real Estate
- Landlord Pays: Taxes - Real Estate
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Ownership: Fee Simple
- Exclusions: Apartment Washer/Dryer, Refrigerator (Apt)
- Inclusions: 3 Window A/C Units (AS IS), Apartment Propane Range, Main Level Counter
Listed by RE/MAX Chesapeake, Wanda L Jackson
Get Pre-Approved Today
Schools
Schools serving 100 S Main St
School District:Kent County Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
25301 Lambs Meadow Rd, Worton, MD 21678 | 9-12 | 12 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 100 S Main St
Date
Details
Price
Change
Source
4/12/2024
Price Reduced
$230,000
-8%
MLS
10/16/2023
Listed
$250,000
66.67%
MLS
12/30/2013
Sold
$150,000
—
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 100 S Main St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$1,786
—
$131,400
—
2022
$1,786
-6%
$131,400
—
2020
$1,892
—
$131,400
-5%
2021
$1,892
—
$138,200
—
2020
$1,896
—
$138,200
—
2019
$1,899
-8%
$138,200
-8%
2018
$2,058
—
$149,800
—
2017
$2,059
452%
$149,800
—
2016
$373
-85%
$149,800
-18%
2015
$2,421
92%
$183,200
—
2014
$1,259
—
$183,200
—
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 100 S Main St
100 S Main Street, Galena, MD 21635 (MLS# MDKE2003236) is a Retail property. 100 S Main Street is currently listed for $230,000 and was received on October 16, 2023. Want to learn more about 100 S Main Street? Do you have questions about finding other Retail real estate for sale in Galena? You can browse all Galena real estate or contact a Coldwell Banker agent to request more information.