Office Space
401 Academy Street Cambridge, MD 21613
Details & Description
Price: $595,000
    DescriptionThis is one of the nicest professional office buildings in town, in a prominent, highly visible gateway location. Offered for sale or lease is 3,100 SF +/- of divisible first floor Class A office space plus 1,150 SF +/- of office space on the second floor. The entire space was gutted and completely rebuilt in 2015 with first class finishes. Walk right out the back door to free public parking!Highlights$595,000 sale price based on 7.2% cap rateBeautiful spacePrime location (your sign is the first thing people see coming into the CBD)Water view from 2nd floorFabulous conference room with galley kitchen featuring granite counter tops and high end fixturesBrick courtyard for outdoor meetingsRoundabout proposed for intersectionDid we mention free public parking behind the building?
    Listing Agents
    Robert Greenlee

    O: 443-390-2600
    M: 410-714-9766
    bob.greenlee@svn.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    401 Academy Street

    Cambridge, MD 21613

    Listing ID: 200514
    401 Academy Street Cambridge, MD 21613 | for Sale | Photo 1
    Building Size: 4,250 SF
    Lot Size: 0.100 AC
    Land Size: 4,356 SF
    Building $/SF: $140.00
    Land $/SF: $136.59
    Price
    $595,000
    Description

    Description

    This is one of the nicest professional office buildings in town, in a prominent, highly visible gateway location. Offered for sale or lease is 3,100 SF +/- of divisible first floor Class A office space plus 1,150 SF +/- of office space on the second floor. The entire space was gutted and completely rebuilt in 2015 with first class finishes. Walk right out the back door to free public parking!

    Highlights

    $595,000 sale price based on 7.2% cap rate

    Beautiful space

    Prime location (your sign is the first thing people see coming into the CBD)

    Water view from 2nd floor

    Fabulous conference room with galley kitchen featuring granite counter tops and high end fixtures

    Brick courtyard for outdoor meetings

    Roundabout proposed for intersection

    Did we mention free public parking behind the building?

    Attachments & Files

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Salisbury History of Office Space for Sale

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    Cambridge Area Market Trends

    Listing Demographics for 401 Academy Street Cambridge, MD 21613

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population7,74022,16225,826
    Population Median Age404243
    Population by Age0-9 Yrs1044 (13%)2598 (11%)2914 (11%)
    10-19 Yrs842 (10%)2225 (10%)2735 (10%)
    20-29 Yrs1229 (15%)2924 (13%)3227 (12%)
    30-39 Yrs790 (10%)2446 (11%)2742 (10%)
    40-49 Yrs797 (10%)2343 (10%)2646 (10%)
    50-59 Yrs1126 (14%)3269 (14%)3842 (14%)
    60-69 Yrs1036 (13%)2897 (13%)3375 (13%)
    70+ Yrs876 (11%)3461 (15%)4344 (16%)
    Median HH Income$46,589$53,296$53,379
    Total Household Income< 24K917 (28%)2116 (22%)2390 (21%)
    25-49K810 (25%)2259 (24%)2684 (24%)
    50-74K697 (21%)1862 (19%)2138 (19%)
    75-99K259 (8%)1316 (14%)1512 (13%)
    100-199K329 (10%)1027 (10%)1244 (11%)
    200K+195 (6%)791 (8%)920 (8%)
    Highest Education LevelNo Diploma78317051978
    Diploma or GED176356376554
    Some College116336204095
    Assoc. Degree220809891
    Bachelors Degree86629803541
    Higher Degree57014861886
    Total Housing Units4,27511,69013,627
    --Owner-Occupied1,2605,2076,389
    --Renter-Occupied1,9474,1644,499
    Owner-Occupied Values< 100K144602720
    100-199K48116901945
    200-299K26016441886
    300-399K213655885
    400-499K24109224
    500K+137506728
    Total Working Age Population6,08918,14221,167
    In Work Force3,90411,62513,268
    Not In Work Force2,1856,5177,899
    Workforce Employed3,62510,63912,073
    Workforce Unemployed2689711,180
    Civlian Workforce3,89311,61013,253
    Military Workforce111515
    Total Households3,2079,37110,888
    Family Households1,8345,8396,941
    Non-Family Households1,3743,5323,947
    Married Couple9674,0074,750
    Other Family8671,8322,191
    Married w/Child2299881,118
    Single Male w/Child93210237
    Single Female w/Child4138701,016

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Maryland5,296,486+95,773,552+66,141,900+66,518,750
    Dorchester County30,674+632,618+534,300+937,350
    Talbot County33,812+1237,782+338,850+540,900

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 401 Academy Street in Cambridge?
    The asking price for 401 Academy Street is $595,000
    What is the building size of this Office property in Cambridge, MD?
    The size of the building/unit at 401 Academy Street in Cambridge is 4,250 square feet
    How much land does the Cambridge, MD property at 401 Academy Street include?
    401 Academy Street in Cambridge includes 0.100 acres of land
    What kind of Office is the propery at 401 Academy Street?
    The property at 401 Academy Street Cambridge, MD 21613 is listed as a Professional Office property
    What is the population within 1 mile of 401 Academy Street in Cambridge?
    The population within 1 mile of 401 Academy Street Cambridge, MD 21613 is 7,740 people.
    Who do I contact for questions about 401 Academy Street?
    You should contact the listing agent, Robert Greenlee, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Baltimore Washington International (Thurgood Marshall Airport) (BWI) 53
    Ronald Reagan Washington National Airport (DCA) 55
    Washington Dulles International Airport (IAD) 79