$250,000

611 Washington Ave, Chestertown, 21620

MLS Number: Mdke2000049
Standard Status: Active
AUCTION! The auction will be held on-line and ends on November 11th at 1:00 pm. This former bank branch is located at the signalized intersection of Washington Avenue and Morgenec Road in historic Chestertown. The 2,007 sf building sits upon a 0.35 acre corner lot with access from both roads. The building is in good condition and ready for use. The property has 12 marked parking spaces and one drive thru lane. The interior is built out as a typical bank branch and includes an open lobby area, 4 teller windows, 2 offices, a large work room, a break room and 1 bathroom. The property is zoned C-1, General Commercial District which permits a wide variety of uses including retail, restaurant, barber shops and beauty salons, convenience stores and much more. It is walking distance from Washington College and nearby retailers include Walgreens, ACME and Tractor Supply. The property is located in both the Federal Opportunity Zone and Kent County Enterprise Zone making it eligible for certain tax incentives. This is an online auction. To bid online simply register on Tranzon.com. IMPORTANT: List price is the opening bid - Actual price to be determined at AUCTION. Property has a tax assessment of $799,600 and will be sold to the high bidder over $250,000.

Contact Mike McCarthy

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Exterior Features

Construction Materials
Brick

Interior Features

Heating
Forced Air
Heating Fuel
Electric
Cooling
Central A/c
Hot Water
Electric

Additional Details

Acres
0.35
Year Built
1974
New Construction
No
Property Type
Commercial Sale
County
Kent

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