1 West Main Street, Middletown, MD 21769
1 West Main St Middletown, MD 21769
Price: $ 1,400,000
Property Size: 6,910 sqft
Cap Rate: 5.9
Units: 8
Year Built: 1917
Status: Sold
MLS#: MDFR2016438
Historic Gem in the heart of downtown Middletown, featuring an abundance of old fashion charm and modern flare. The prominent all brick Historic 8-unit multi-Family, mixed-use Arnett building is comprised of 6,910 SF of finished space, and the 2,000 ± SF unfinished third story provides tons of potential for expansion and is partially roughed-in.
This property is currently fully leased to 4 commercial businesses on the first floor, and 3 residential apartments on the second floor, making this an excellent investment opportunity. Separately metered. Zoned GC-General Commercial. Additionally included in this offering is the private 6 car paved adjacent parking lot. Offered at $1,400,000.
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