The median home value in Cambridge, MD is $263,160.
the county median home value of $196,450.
The national median home value is $277,796.
The average price of homes sold in Cambridge, MD is $263,160.
Approximately 38% of Cambridge homes are owned,
compared to 44% rented, while
18% are vacant.
Cambridge real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Cambridge real estate agent to arrange a tour
today! Learn more about Cambridge Real Estate.
This is the largest undeveloped general commercial land in the City of Cambridge. It consists of 123 acres with water, sewer and pump station available on Woods Rd. The zoning also allows for large industrial buildings for storage and distribution.
415 Race St sits in the heart of downtown Cambridge, which is also the 4th most populous city on the Eastern Shore of Maryland. With 13, 000 sqft available one can be very creative with this building. As there are multiple levels, 5 different very large rooms, 20ft ceilings, and an elevator that can easily be restored for use. In close proximity to various shops, museums, nightlife and more. This is a perfect opportunity for a mixed use building. And an added bonus, this sale comes with a $50,000 façade grant!
Here is a Turn-Key successful full-service restaurant and bar. Also included with the restaurant is an additional storefront that can be used to augment Jimmie and Sooks or can be used for additional income. Located in the historic downtown of Cambridge,Md. This restaurant is located just 2 hours east of Baltimore and Washington DC. In 2011 the building was completely renovated and brought up to code including state of the art, high-efficiency HVAC and Hood systems, complete upgrade/change out of all electric panels, wiring, outlets and fixtures including cost-saving LED bulbs. Also installed in 2011 were all new plumbing including lines, fixtures and grease trap, complete sprinkler system with four levels of coverage, fire alarm and security systems including 18 cameras and monitor, four bathrooms with six women stalls and four men stalls and all new surfaces including walls, flooring and ceilings. Additionally, numerous other renovations and additions were undertaken including a 1000 SF outdoor patio complete with landscaping and a pond with a waterfall. The average adjusted net income since opening is around $300,000. This is a marvelous turn-key opportunity in every facet of the business including not only all the assets required but also the operational resources essential in running a successful restaurant.
Multi-use commercial property known as 808 - 810 Race Street Cambridge MD for sale at $295,000. Sold as is where is. Zoning is NC-4. Bus stop for scholastic and commuter services. Located at the corner's of Race Street and Robbins Street, the highly visible front portion of the building is a prime retail location which has served customers as E G Webster & Son LLC for generations. The store is no longer open (vacant); the LLC (branding and certain items) are not for sale. Outside dimension of the building is +- 56' x 41'. Store (retail) dimensions Front: 35L x 18W x 9.5 H or 630 SF; Back: 16L x 16W x 8'H or 256 SF. The property also has two rentals properties generating a combined monthly income of $1215 - both rentals are Tenant Occupied with long term tenants. SF dimensions of the two rentals will be added in Bright MLS when available. 808 A - 3 BR 1 BA (utilities metered separately); 808 B - 975 SF - 2 BR 1 BA (utilities paid by store). Approximate room dimensions: Kitchen 15' x 17'; Bathroom 5' x 8'; Living Room 12' x 19'; Bedroom 12 x 14; Front Room 19' x 14'; plus nook, hallway and an outside porch facing Race Street. Municipal Utilities Commission (annual $59 per unit fee) serves the property with water, sewer and trash removal (natural gas is provided by Chesapeake Utilities). Store (810) monthly utility costs averaged $115 (water) and $242 (electricity).
Well located commercial building on highly traveled Washington St, being a main thoroughfare to Cambridge's downtown. Zoned commercial with mixed uses, including retail, residential, office, personal services. Two units with separate levels and entrances. Ideal for first floor business and second floor for living. Attractive exterior with curb appeal. Interior has original hardwood floors and other old time looks. Central A/C in first floor. Off street parking and large storage shed on site. Both units rented as apartments until July. Sold as is with inspections.
41,436 +/- SF of well-maintained Class A professional space located in Cambridge, MD. This 3-story, all brick building features multiple conference rooms, reception areas, and office space able to be demised as needed. Each floor is approximately 13,812 +/- SF with elevator access. The property is on a 1.47 acre lot with 108 asphalt paved parking spaces. In addition, the property features recent HVAC and electrical fixture improvements contributing to reduced overall electrical usage costs. The property is located within a Qualified Opportunity Zone.
6 unit mixed use building on busy street. Currently 2 store fronts and 4 very large apartments. 1-2 bed and 3-3 bed residential. Possible additional space currently used by owner on Springfield Ave side. Income/expense info available.
4 Bedroom, 1.5 bath home zoned commercial w/2 additional commercial lots. Build your business on the lots and live in the home. Waking distance to downtown. Property is located on a busy commutable street with great exposure. House is being rented for $1,400 mo. Total property size is .37 acres, 16,704 sq ft.
Downtown Cambridge - includes 3 parcels 518 Race Street, 518 Race Street Rear and 522 Race Street. A total of 4 buildings with over 10,000 SF of space. 518 Race Street is currently operated as Chesapeake Upholstery and consists of 4630 SF building in good condition. Showroom area approximately 25'W x 100' depth with 12' ceiling height, has heat pump/CAC (2018) office & broom closet. The middle portion of the building includes rest room and approximately 29 x 22 and the rear section is 35' x 25' insulated with window A/C and 12' ceiling height. Membrane Roof on this building with Silicone installed 2021 - 25 year life expectancy. 518 Rear is asphalted parking area with access from Muir Street. 522 Race Street includes 3 buildings all enclosed in gated fenced storage yard. Building #1 is approximately 100' x 32 with block construction, metal roof, 12' Ceiling Height and 2 overhead garage doors -Bay #1 approx 32 x 23 with gas space heater, floor drain for washing cars, etc., LED lighting and restroom. Bay #2 approx 32 x 70. The next building is approximately 34 x 50 and includes the former paint booth. Concrete slab floor, metal roof, building is good for dry storage. Building #3 is a small block building - needs roof and window replacement. The area inside of the fenced storage yard is asphalt. This parcel is accessible thru alley from Race Street OR City of Cambridge Parking Lot located on Race Street near Cemetery Avenue & Simmons' Center Market. This is a great opportunity to be a part of Main Street Cambridge. Multiple uses for this property.
Prime commercial location on corner of Maryland and Dorchester Avenues , gateway to Cambridge. Over 8,000 cars pass daily according to MDOT, this coupled with high visibility and ample parking makes it an attractive location for your business. Variety of commercial uses available , office, retail, restaurant , liquor store. Building needs some work but is solid. Potential clients responsible for verifying square footage and applicable uses with town/county officials. Cambridge is home to the Hyatt Chesapeake Resort and a downtown rejuvenation--come be part of this transformation.
1721 Race Street (Lot 10) and 1719 Race Street (Lot 9) are being sold together. They are both zoned C2. Total acreage in current listing reflects the combined acreage of both lots. Building contains 4 units. Two units recently had restaurant occupancy with trade fixtures intact. One by a hair salon, and one by a nail salon. Tenants pay all utilities.
2.23- 8.68 +/- acres of commercial land in Cambridge, MD. Sewer is available. Parcels are located on busy U.S. Route 50. Lot 1: 1.37 +/- Acres $135,000, Lot 2: 5.06 +/- Acres $475,000, Lot 3: 2.23 +/- Acres $225,000
5.06- 8.68 +/- acres of commercial land in Cambridge, MD. Sewer is available. Parcels are located on busy U.S. Route 50. Lot 1: 1.37 +/- Acres $135,000, Lot 2: 5.06 +/- Acres $475,000, Lot 3: 2.23 +/- Acres $225,000
1.38- 8.68 +/- acres of commercial land in Cambridge, MD. Sewer is available. Parcels are located on busy U.S. Route 50. Lot 1: 1.37 +/- Acres $135,000, Lot 2: 5.06 +/- Acres $475,000, Lot 3: 2.23 +/- Acres $225,000
Tremendous opportunity to own a corner property in arguably the best location in the downtown. This investment opportunity consist of 4 fully leased apartments with views of the downtown and skyline, as well as, a large restaurant space (Ava's) below. The current owners of this property spared no expense, while renovating and preserving the history of the prime investment property. Just call me to see first hand the quality and care of construction.
2ND MAJOR PRICE ADJUSTMENT! 3100 SF +/- of divisible first floor professional Class A office space plus 1,150 SF +/- of office space on the second floor. Extensive renovations completed in 2015. Prominent, highly visible gateway location. Public parking right out the back door. Prime location near waterfront in Cambridge.
COMMERCIAL LAND: A +/- 0.79 acre commercial parcel located on Woods Road off of Route 50 west in Cambridge, Maryland. The lot is surrounded by Cambridge Marketplace, a shopping center currently undergoing redevelopment. The center is filled with newly placed national tenants including Starbucks and Taco Bell. The lot is centrally positioned adjacent to an area of Cambridge that is undergoing massive revitalization.
Re-positioning this property for quick sale! This is the second price reduction, now reduced by $250,000, and Seller is calling for offers. This 0.94-acre development parcel at the foot of Muir Street includes two bulk headed slips and good water orientation. Zoned Downtown Waterfront Development District - General, the property has numerous possible marine based uses: commercial office or retail, and/or residential. Concept plans for possible development scenarios are available. Great investment opportunity!
Opportunity Zone - 35,000 cars per day go by this high visibility office location. 2,600 square feet of modern office on US Rt 50 in one section and another 1,300 sq ft Pristine office space with road visibility from Sunburst Highway (Rt 50). Perfect for professional office. Located in "HUB Zone" in Dorchester County. Reception area, conference room and several offices.