Located in the heart of St. Michaels and completely rebuilt in 2023, this striking commercial space has great income potential. This waterfront town has been a popular tourist destination for decades, with charming shops and restaurants, the Chesapeake Bay Maritime Museum and Classic Motor Museum. Upstairs the stylish three-bedroom, two-bath furnished apartment with 350 sf deck is approved for short term vacation rental and generated over $60,000 of revenue in its first partial year (April - December). Downstairs the vacant 1500 sf space with tree-canopied courtyard has an approved handicap lift and a usage and occupancy permit . The building is fully sprinklered and has a propane tankless hot water system. Use your imagination - restaurant, retail, office, garden center, salon/spa.
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Location
103 FREMONT STREET, SAINT MICHAELS, MD 21663
Status
Sold
Property Amenities
Interior
AppliancesGas Water Heater, Tankless Water Heater
Area & Lot
Lot Area3,000 Sq.Ft.
Living area2,912 Sq.Ft.
MLS® IDMDTA2010578
Year Built1940
School DistrictTALBOT COUNTY PUBLIC SCHOOLS
TypeCommercial
StatusSold
Exterior
Air conditioningCentral Air, Electric
Heat typeElectric, Heat Pump
Disability FeaturesStair Lift
Water SourcePublic
Security FeaturesSmoke Detector(s)
SewerPublic Sewer
ParkingNone
Lot FeaturesBack Yard
UtilitiesUnderground Utilities, Electricity Available
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