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911 Port Street

EASTON, MD 21601
  • $2,950,000
  • STATUS: Active
  • ON SITE: 42 Days
  • ID#: MDTA2007576
UPDATED: 119 min ago
$2,950,000
  • 0
    BEDS
  • 1.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1948
County:

School Ratings & Info

School District:

Description

This is the sale of a land development site. The site comprises one parcel of beautiful waterfront land, the first available redevelopment property on Easton Point. It is divided into two zoning areas: approximately 32,190 SF with a "Water's Edge" designation and approximately 22,600 SF designated Port Street (which is its road frontage). We believe it is accurate to say that at an estimated buildout square footage of 45,500 SF, its total development density/capacity is far greater than any other waterfront property located on the Eastern Shore. The Town of Easton is anxious to kick start the redevelopment of Easton Point, and has the motivation and the tools built into the zoning written specifically for this sub-area plan to reward the first developer.The shop / warehouse referenced herein provides revenue for a while, and might then be a construction office or materials storage location until its ultimate demolition.Because there are so many unknowns stemming from this being the first of its kind under new zoning requirements, the seller will be very willing to work with a qualified buyer to align the land value with the actual economics of an approvable development plan. That said, the potential is remarkable and the asking price reflects the unusually high quality of this offering.- 255 linear feet of bulkheaded, board-walked waterfront with 12' depth- Only Easton Point property with Town-required boardwalk already in place- Annexation in 2018 provides access to public sewer and water- First project has plenty of EDU's, can accommodate any development plan- First project to develop under the new MXW zoning created especially for Easton Point- By way of example, it appears one could build a brewery with outdoor seating on the waterfront, residential above, a restaurant on the street front, with townhouse residential on floors two and three, and connect the two with parking, courtyard and landscaping

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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Great Falls Great Homes | Long & Foster Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-05-30T06:59:29.023.
www.greatfallsgreathomes.com/homes/149178981
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911 Port Street EASTON, MD 21601

  • Price: $2,950,000
  • Status: Active
  • On Site: 42 Days
  • Updated: 119 min ago
  • ID#: MDTA2007576
0
Beds
0
Baths
0
½ Baths
1.13
Acres
1948
Built
County:
Talbot
School District:
Talbot County Public Schools
Property Description
This is the sale of a land development site. The site comprises one parcel of beautiful waterfront land, the first available redevelopment property on Easton Point. It is divided into two zoning areas: approximately 32,190 SF with a "Water's Edge" designation and approximately 22,600 SF designated Port Street (which is its road frontage). We believe it is accurate to say that at an estimated buildout square footage of 45,500 SF, its total development density/capacity is far greater than any other waterfront property located on the Eastern Shore. The Town of Easton is anxious to kick start the redevelopment of Easton Point, and has the motivation and the tools built into the zoning written specifically for this sub-area plan to reward the first developer.The shop / warehouse referenced herein provides revenue for a while, and might then be a construction office or materials storage location until its ultimate demolition.Because there are so many unknowns stemming from this being the first of its kind under new zoning requirements, the seller will be very willing to work with a qualified buyer to align the land value with the actual economics of an approvable development plan. That said, the potential is remarkable and the asking price reflects the unusually high quality of this offering.- 255 linear feet of bulkheaded, board-walked waterfront with 12' depth- Only Easton Point property with Town-required boardwalk already in place- Annexation in 2018 provides access to public sewer and water- First project has plenty of EDU's, can accommodate any development plan- First project to develop under the new MXW zoning created especially for Easton Point- By way of example, it appears one could build a brewery with outdoor seating on the waterfront, residential above, a restaurant on the street front, with townhouse residential on floors two and three, and connect the two with parking, courtyard and landscaping
Exterior Features

Construction Materials Metal Siding Docks 4 Garage YN No Location Type Other Lot Features BulkheadedFishing AvailableFlood PlainPremiumRoad FrontageStream/Creek Parking Types DrivewayParking Lot Property Condition Average Road Responsibility City/County Road Surface Type Access - On GradeBlack Top Roof Metal Slips 4 View Creek/StreamHarborMarinaPark/GreenbeltRiverScenic VistaStreet Water Access Features SailBoat - PoweredPrivate AccessCanoe/Kayak Water Access YN Yes Water Body Name Tred Avon River Water Body Type River Water View YN Yes Waterfront Features Private Dock Site Waterfront YN Yes

Interior Features

Building Area Total 4587.00 Cooling Other Heating Heat Pump(s) Heating YN Yes Net Square Feet 45500.00 Security Features Security Gate

Property Features

Accessibility Features None Central Air YN No Cooling Fuel Electric Cross Street The Easton Parkway Heating Fuel Electric Hot Water Electric Municipality Easton Navigable Water YN Y New Construction YN No Number Of Units Total 1 Original MLSNumber 802962219830 Ownership Interest Fee Simple Property Sub Type Land for Commercial Use Sale Type Standard Sewer Public Sewer Tax Annual Amount 8711.00 Transportation Airport less than 10 miles Utilities Sewer AvailableWater AvailableElectric Available Vacation Rental YN No Water Source Public Zoning MXW Zoning Description Mixed-Use Waterfront District. Water's Edge and Port Street Corridor Sub-districts.

Listing courtesy of SVN/Miller Commercial Real Estate: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Great Falls Great Homes | Long & Foster Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-05-30T06:59:29.023.
 
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