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High StreetCambridge, MD 21613

Dorchester County

$450,000List price
1.41Acre lot
9 months agoOn market

Description

Prime Ground-Floor Development Opportunity at One of the City’s Highest-Traffic Intersections Rare opportunity to own and develop what many consider the best and most visible intersection in the city—located at the corner of Washington Street and High Street, the first major intersection entering town from the country. The property is bordered on three sides, including a city-owned paper street with existing infrastructure, offering additional flexibility and potential. Both the Owner and the City are highly motivated to see this site developed. Zoning & Development Potential Recently rezoned to DWDD (Downtown Waterfront Development District) Permitted uses include: Commercial, Residential, Mixed-use Multi-story buildings, Mini grocery store And many other allowed uses. Property Details - Four parcels totaling approx. 61,474 ± sq. ft.. Option to develop the entire site or subdivide and sell portions Existing electric, water, and sewer already on site. Cleared by MDE (documentation available) Location Highlights - Rapidly transitioning neighborhood with new construction and extensive rehabilitation underway 2-minute drive down High Street to historic downtown featuring restaurants, shopping, and preserved architecture One additional minute to the marina, lighthouse, boating, and the waters of the Choptank River. Washington Street provides direct access to Route 50, enhancing regional connectivity Additional Notes - Choose your own development concept or review the owner’s proposed concept (available upon request). This is a rare, high-visibility development site in an up-and-coming area with strong municipal support and flexible zoning—ideal for investors, developers, or mixed-use visionaries. Owner Financing possible for qualified Buyers!

Property Information

Property type
Land
Lot size
1.41 acres
Zoning
D
Days on market
295
MLS® Listing#
MDDO2011354

Property Features

Sewer
Public Sewer
Water source
Public

Schools

District
DORCHESTER COUNTY PUBLIC SCHOOLS

Financial Details

HOA
None
Annual taxes
$263Tax year 2025
Assessed value
$14,000
Parcel number
1007163983

Directions

Corner of High Street & Washington Street.

Listing Courtesy: Berkshire Hathaway HomeServices PenFed Realty - 4105247000

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