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$2,950,000
77 Days Online

911 Port Street
Easton, MD 21601

For Sale|Commercial|Active
0
Beds
0
Full Baths
0
Partial Baths

SqFt

/SqFt
1948
Built
County:
Talbot

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302-690-0245
911 Port Street911 Port Street911 Port Street911 Port Street
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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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Listing Snapshot
Price 
$2,950,000
Days Online 
77 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
1.13 Acres
Year Built 
1948
MLS® Number 
MDTA2007576
Status 
Active
Property Tax 
$8,711
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
yesterdayListing updated with changes from the MLS®
3 months agoListing first seen online
General Features
Water 
Public
Sewer 
Public Sewer
Utilities 
Sewer AvailableWater AvailableElectric Available
Construction Materials 
Metal Siding
Zoning 
MXW
Interior Features
Heating 
Heat Pump(s)
Cooling 
Other
Central Air 
No
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Exterior Features
Waterfront Features 
Private Dock Site
Body of Water 
Tred Avon River
Water Access 
SailBoat - PoweredPrivate AccessCanoe/Kayak
View 
Creek/StreamHarborMarinaPark/GreenbeltRiverScenic VistaStreet
Road 
Access - On GradeBlack Top
Lot Features 
BulkheadedFishing AvailableFlood PlainPremiumRoad FrontageStream/Creek
Roof 
Metal
Community Features
Security 
Security Gate
Accessibility Features 
None
Listing courtesy of SVN/Miller Commercial Real Estate 410-543-2440



The real estate listing information is provided by Bright MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.

Neighborhood & Commute
Source: Walkscore
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