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$1,250,000 Just Listed

  • For Sale
  • Active
  • Commercial Service
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The owner must approve all showings, advance notice is preferred. REAL ESTATE ONLY FOR SALE. Positioned in the heart of downtown St. Michaels, 208 N Talbot Street offers a rare opportunity to acquire a premier mixed-use commercial property in one of the Eastern Shore's most desirable waterfront communities. This 4,111-square-foot building features outstanding visibility along Talbot Street, benefiting from strong pedestrian traffic and close proximity to the waterfront, marinas, boutique shops, and established dining destinations. The property is ideally suited for a restaurant or hospitality concept, featuring a fully built-out commercial kitchen and an impressive total seating capacity of approximately 158 guests across indoor and outdoor dining areas. This allows a new owner to open and operate with minimal additional build-out-an increasingly rare opportunity in this market. A standout feature is the inclusion of 12 dedicated parking spaces, a significant advantage in downtown St. Michaels, enhancing accessibility for both customers and staff. The second level, which has outside access, offers a spacious three-bedroom, three-bathroom apartment, providing excellent flexibility for owner occupancy or future rental income. The apartment kitchen is currently unfinished, needs some remodelling, upstairs offering the opportunity for customization while adding additional long-term value once completed. Whether positioned as a signature dining establishment, boutique hospitality concept, or mixed-use investment, this property delivers a compelling combination of location, infrastructure, and upside potential in a market where inventory remains limited. The property is sold as is. Recommend each individual buyer check with the Town Office for uses for 2nd level.

Full Property Details for 208 N Talbot

General

  • Price: $1,250,000
  • Taxes: $10,631 (2025)
  • Status: Active
  • Type: Commercial Service
  • Source: BrightMLSMidAtlantic
  • MLS ID: MDTA2013808
  • Updated: Today (5/12/2026)
  • Added to Site: Today

Business

  • Business Type: Banquet Facility/Lodge

Interior

  • Flooring: Tile/Brick, Laminated

Rooms

Bathrooms

  • Restrooms: 5

Additional Information

  • Security/Safety: Exterior Cameras

Parking

  • Total Spaces: 12
  • Parking Features: Public
  • Parking Type: On Street, Off Site, Other, Parking Lot

Location

  • Municipality: Saint Michaels
  • County: TALBOT
  • Driving Directions: RT 33 toward Tilghman, on the left just before the entrance to the museum
  • Traffic Count: Greater than 30000
  • Location Details: Downtown
  • City Limits: Yes

School Information

  • Elementary School: Call School Board
  • Middle School: Call School Board
  • High School: Call School Board

Heating & Cooling

  • Cooling Type: Heat Pump(s), Wall Unit
  • Cooling Fuel: Electric
  • Heating Type: Other, Heat Pump - Electric BackUp
  • Heating Fuel: Electric
  • Water Heater: Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Cable TV Available, Electric Available, Multiple Phone Lines, Water Available, Other

Structural Information

  • Construction: Brick
  • Foundation: None
  • Entry Floor Number: 1
  • Stories/Levels: 2
  • Building Size: 4111
  • Year Built: 1930
  • Year Built Source: Assessor
  • Property Condition: Good

Unit Information

  • # Tenants: Multiple

Lot Features

  • Property View: City, Street
  • Lot Size (Acres): 0.24
  • Lot Size (Sq. Ft.): 10,400
  • Lot Size Source: Assessor
  • Street/Road Desc.: Paved, Black Top
  • Fence: Yes
  • Zoning: COMMERICAL
  • Lot Description: Landscaping, Level, Premium, Rear Yard

Financial Considerations

  • Price Per Sq. Ft.: $304.06
  • Assessment Year: 2026
  • City/TownTax: $3,971
  • City/TownTax Freq: Annually
  • County Tax: $6,660
  • County Tax Freq: Annually
  • Tax w/Assessment: $884,467
  • Tax Amount: $10,631
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Fee Simple
  • Exclusions: All owner Personal Items
  • Inclusions: All restaurant equipment and fixtures are available. List to be furnished

Listed by Keller Williams Select Realtors of Easton, Glory Bee Costa

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Listing agent

— 208 N Talbot —

  • Glory Bee Costa

    Keller Williams Select Realtors of Easton

Listing Office Email: bburris@kw.com

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 208 N Talbot

School District:Talbot County Public Schools
NameGradesDistance
St. Michaels Elementary School
100 Seymour Avenue, Saint Michaels, MD 21663
PK-60.7 mi
St. Michaels Middle/High School
200 Seymour Avenue, Saint Michaels, MD 21663
7-120.7 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 208 N Talbot Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/12/2026
Listed
$1,250,000
50.6%
MLS
4/22/2022
Sold
$830,000
—
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 208 N Talbot

Year
Property Taxes
Change
Tax Assessment
Change
2023
$9,063
—
$844,900
6%
2023
$9,063
—
$800,533
6%
2023
$9,063
10%
$756,167
6%
2022
$8,236
2%
$711,800
—
2020
$8,084
1%
$708,533
—
2021
$8,011
—
$705,267
—
2020
$7,974
2%
$702,000
—
2019
$7,828
3%
$702,000
—
2018
$7,580
-4%
$702,000
-12%
2017
$7,901
2%
$796,300
—
2016
$7,732
1%
$796,300
—
2015
$7,660
-8%
$796,300
-9%
2014
$8,306
—
$876,200
—
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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Listed by Keller Williams Select Realtors of Easton, Glory Bee Costa

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208 N Talbot, Saint Michaels, MD 21663 (MLS# MDTA2013808) is a Commercial Service property. 208 N Talbot is currently listed for $1,250,000 and was received on May 12, 2026. Want to learn more about 208 N Talbot? Do you have questions about finding other Commercial Service real estate for sale in Saint Michaels? You can browse all Saint Michaels real estate or contact a Coldwell Banker agent to request more information.

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