Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Ceiling Fan(s), Ductless, Electric

  • Heating YN

    YES

  • Heating

    Electric, Heat Pump

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Wood Siding

  • Parking

    Parking Lot

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.24

  • Lot Size(square feet)

    10540.0

  • Property Type

    Commercial Sale

Price

  • Sales Price

    $1,469,900

  • Tax Amount

    $10,500

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    3

  • New Construction

    NO

  • Foundation Details

    Block

  • Sewer

    Public Sewer

  • Water Source

    Public

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Location

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Elementary School

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Listing Courtesy of Nicolas Dively , Real Broker, LLC - Annapolis

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104 Maple Avenue in Chestertown. with a well-balanced unit mix, including one 3-bedroom unit and five 2-bedroom units—appealing to long-term occupancy stability.

Each unit has been updated with features designed for durability and tenant retention, including engineered hardwood or hardwood flooring, updated kitchens with quartz countertops (select units), recessed LED lighting, and in-unit washer/dryer setups in most units. Additional highlights across units include dishwashers, garbage disposals, ceiling fans, and mini-split systems, providing modern comfort and efficiency.

The current ownership has made significant building-wide improvements, reducing future capital expenditure risk for the next investor.  All major updates were done in 2019.

Situated in Chestertown’s historic and walkable community, tenants benefit from proximity to the town’s vibrant downtown, known for its locally owned restaurants, waterfront views along the Chester River, boutique shopping, and year-round events. The presence of Washington College adds to the area’s stability and rental demand, while the town’s charm and quality of life continue to attract long-term residents.

This is a turnkey, stabilized asset with strong fundamentals, minimal deferred maintenance, and clear upside through continued rent optimization and operational efficiencies.

104 MAPLE AVENUE

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Mixed-use commercial property in charming historic Chestertown. 327 Cannon was newly constructed in 2006, yet is perfectly situated in bustling historic district. Offering historic charm without the extra maintenance. The building contains two large units with many possibilities.
The first level is outfitted with a commercial kitchen and large dining space overlooking Cannon St. Over 1300 sq ft of professional kitchen space, an office, and dining area. The space has many possibilities for a restaurant or other commercial business in the future. Currently, this unit is leased to Occasions Catering. 

The upstairs apartment is inviting and spacious, offering two bedrooms each with an ensuite full bathroom. The living space is open and airy, with ample natural light, vaulted ceilings, hardwood floors and a gas fireplace. The large loft could be an office, den, or creative studio space. The walk-in attic provides additional storage.  An ideal investment in historic Chestertown.
#MDKE2006104

CHESTERTOWN

327 CANNON STREET

None Beds

None Baths

3,740 Sq.Ft.

$1,300,000

MLS#: MDKE2006104

 - property

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