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$40,000 Just Listed
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Property Description
ONLINE REAL ESTATE AUCTION!! Bidding Opens - Monday, March 16, 2026. Bidding Closes - Tuesday, March 17, 2026 at 12:00 PM. List price is opening bid only. Corner building previously used as an antique shop with a residential apartment in the rear. Located in the heart of Preston, the building is ready for updates to restore it for new use. In the rear there is a curb cut and room for parking for several vehicles. The auction provides an opportunity to purchase a prominent corner building with an abundance of value-add opportunity with a variety of potential uses.
Full Property Details
Full Property Details for 160 Main St
General
- Price: $40,000
- Taxes: $1,891 (2025)
- Status: Active
- Type: Apartment
- Source: BrightMLSMidAtlantic
- MLS ID: MDCM2006820
- Updated: 2/18/2026
- Added to Site: 1 day(s) ago
Business
- Business Type: Other/General Retail, Apartment Building
Parking
- Parking Type: None
Location
- Municipality: Preston
- County: CAROLINE
- Cross Streets: Chambers Street
- Driving Directions: Corner of Chambers Street
- City Limits: Yes
School Information
- Elementary School: Preston
- Middle School: Colonel Richardson
- High School: Colonel Richardson
Heating & Cooling
- Cooling Type: Other
- Cooling Fuel: Other
- Heating Type: Other
- Heating Fuel: Other
- Water Heater: Other
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Brick
- Building Size: 1200
- Year Built: 1937
- Year Built Source: Assessor
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 0.19
- Lot Size (Sq. Ft.): 8,270
- Lot Size Source: Assessor
- Lot Dimensions: 35.00 x
- Zoning: R2
- Lot Description: Corner
Financial Considerations
- Price Per Sq. Ft.: $33.33
- Assessment Year: 2026
- City/TownTax: $472
- City/TownTax Freq: Annually
- County Tax: $1,419
- County Tax Freq: Annually
- Tax w/Assessment: $133,500
- Tax Amount: $1,891
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
Listed by A.J. Billig & Company, Luis H Arrazola
Get Pre-Approved Today
Schools
Schools serving 160 Main St
School District:Caroline County Public Schools, Denton, MD
| Name | Grades | Distance |
|---|---|---|
Preston Elementary School 225 Main Street, Preston, MD 21655 | PK-5 | 0.2 mi |
Colonel Richardson Middle School 25390 Richardson Road, Federalsburg, MD 21632 | 6-8 | 5.4 mi |
Colonel Richardson High School 25320 Richardson Road, Federalsburg, MD 21632 | 9-12 | 5.3 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 160 Main St
Date
Details
Price
Change
Source
2/18/2026
Listed
$40,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 160 Main St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$1,331
—
$131,167
2%
2023
$1,331
—
$128,833
40%
2023
$1,331
2%
$92,300
2%
2022
$1,311
-7%
$90,900
2%
2017
$1,404
11%
$89,500
2%
2020
$1,270
—
$88,100
—
2019
$1,270
-10%
$88,100
-11%
2018
$1,404
—
$98,700
—
2017
$1,404
—
$98,700
—
2016
$1,404
-10%
$98,700
-11%
2015
$1,555
10%
$110,900
9%
2014
$1,408
—
$101,900
—
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 160 Main St
160 Main Street, Preston, MD 21655 (MLS# MDCM2006820) is a Apartment property. 160 Main Street is currently listed for $40,000 and was received on February 18, 2026. Want to learn more about 160 Main Street? Do you have questions about finding other Apartment real estate for sale in Preston? You can browse all Preston real estate or contact a Coldwell Banker agent to request more information.

