Truly one of St. Michael's premier properties, this opportunity offers a variety of options in its use. Since purchasing the property in 2000, the front building has been extensively renovated and upgraded over the years. The first floor can be used for retail/shop/office or restaurant or even returned to residential use. With its original architectural details and double entrances the possibilities are many. The second floor apartment with its own private entrance is perfect for a new owner, but can be rented. (Approximate monthly rent $1,100). Rentals are always in demand in St. Michaels and nice apartments can demand a premium price. The rear building, which was constructed in 2004 currently houses a complete catering kitchen on the first floor and includes a garage door for easy access, half bath, and stackable W/D. The second floor, which is accessed by the exterior staircase features an open floor plan perfect for an office or storage. With its unique design the property can be divided and rented in a variety of ways. The front building potentially can be divided between first floor and rental apartment, or the first floor could be divided into two retail spaces each with its own front door access. The rear building can also be rented as a complete unit or separated out between first and second floor.The current owners have built a tremendously successful business at this location, first in the retail shop which expanded to their catering business. The appeal of the front porch plus parking in the rear has always been appealing to their patrons.
Full Property Details
Full Property Details for 415 Talbot St
Taxes: $7,475 (2012)
MLS ID: 1000048711
Added: 1, 985 day(s) ago
Business Type: Restaurant, Retail, Other, Investment
Parking Type: Off Street
Parking: Private 1-10 Spaces
Development Name: St. Michaels
Subdivision: St. Michaels
City Limits: Yes
Heating & Cooling
Cooling Type: Ceiling Fan(s), Wall Unit
Cooling Fuel: Electric
Heating Type: Radiator
Heating Fuel: Bottled Gas/Propane
Water Heater: Bottled Gas
Sewer: Public Sewer
Architectural Info: Other
Construction: Wood Siding
Year Built: 1900
Year Built Source: Estimated
Property Condition: As-is Condition, Renov/Remod, Shows Well
Lot Size (Acres): 0.17
Lot Size (Sq. Ft.): 7,200
Lot Size Source: Assessor
Price Per Sq. Ft.: $235.84
Assessment Year: 2013
Tax w/Assessment: $748,300
Tax Amount: $7,475
Tax Year: 2012
Tax Total Finished Sq. Ft.: 3370
Disclosures and Reports
Ownership: Fee Simple
Inclusions: Parking Included In ListPrice, Parking Included In SalePrice
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School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Listed by Benson & Mangold, LLC,Thomas M Crouch Sold by Benson & Mangold, LLC,Barbara C Watkins
415 Talbot Street, Saint Michaels, MD 21663 (MLS# 1000048711) is a
415 Talbot Street is currently listed for $795,000 and was received on August 12, 2013.
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