860 High Street, Chestertown, MD, 21620

Save
Ask
Tour
Hide
Share
$2,800,000
24 Days Online

860 High Street
Chestertown, MD 21620

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

SqFt

/SqFt
1891
Built
County:
Kent

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

Call Now: 302-422-2619
Is this the home for you? We can help make it yours.
302-422-2619
860 High Street860 High Street860 High Street860 High Street
Save
Ask
Tour
Hide
Share

Radcliffe Mill presents an exceptional opportunity for a savvy investor looking for value and a one-of-a-kind investment with endless possibilities. Since its major restoration in 2007, and further transformation in 2017, the property has operated as a mixed-use space. The Mill building features four floors of office space and a 70+ seat restaurant. The Annex/Seed House houses a wellness center, complete with a café, wellness-related offices, and a spectacular studio. Additionally, there is an undeveloped Grain Elevator, parking for 65 vehicles, and a dedicated loading dock for the restaurant. Having played a significant role in Kent County’s agricultural landscape since 1694, Radcliffe Mill underwent a historic restoration in 2007, transforming it into its current use with over 16,000 square feet of finished space. The centerpiece is the four-story mill building, dating back to 1891. The restoration seamlessly blended modern amenities like an elevator, sprinkler system and HVAC systems, with original features such as exposed beams and reclaimed flooring. While currently configured as office space across four floors, the property's zoning permits various uses, including conversion to apartments. Café Sado, a local sushi restaurant, is also housed within the mill building. All of the major restaurant equipment is included in the sale. The Annex dates back to the early 1900s and The Seed House to the 1970s. Today, the blended building features soaring ceilings, exposed woodwork, and meticulously restored standing end 2x4 flooring. Presently, the building accommodates a diverse range of wellness practitioners, with the studio space and café awaiting the creative touch of a new occupant. The sale includes all café equipment, including refrigerators, freezer, ice maker, keg tap, a warming oven and more. Four of The Seed Offices are on the ground floor, with a fourth office on the second floor, along with additional storage and laundry facilities. Finally, there is an unfinished Grain Elevator, awaiting the creativity of a new buyer. Radcliffe Mill is on the National Register of Historic Places (see documents), and having previously received historic preservation tax credits a new owner could benefit from a shorter process for further property development and improvement tax credits. The property is also in a Maryland Enterprise Zone, and an Opportunity Zone and eligible for energy improvement incentive programs. Radcliffe Mill is strategically located one-mile from downtown Chestertown, a short walk along the rail trail, which used to run directly to the grain elevator. Founded in 1706 on the banks of the Chester River, Chestertown is home to Washington College. Located approximately 80 miles from Washington, DC and Philadelphia, PA and an hour from Wilmington, DE, Chestertown hosts a number of vibrant festivals throughout the year and an active arts and entertainment district. Buyers requesting additional information must sign a Non-Disclosure Agreement.

Save
Ask
Tour
Hide
Share
Listing Snapshot
Price 
$2,800,000
Days Online 
24 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1891
MLS® Number 
MDKE2003850
Status 
Active
Property Tax 
$37,212
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
11 hours agoListing updated with changes from the MLS®
3 weeks agoStatus changed to Active
4 weeks agoListing first seen online
General Features
Water 
Public
Sewer 
Public Sewer
Utilities 
Propane
Parking 
Handicap ParkingLighted ParkingPaved ParkingPrivateSurface
Construction Materials 
Wood SidingMetal Siding
Zoning 
C-3
Interior Features
Flooring 
WoodCeramic Tile
Heating 
Heat Pump(s)
Cooling 
Central A/C
Central Air 
Yes
Save
Ask
Tour
Hide
Share
Exterior Features
Roof 
MetalShake
Community Features
Security 
Carbon Monoxide Detector(s)Fire Detection SystemMonitoredSprinkler System - Indoor
Accessibility Features 
32"+ wide Doors36"+ wide HallsLevel Entry - MainNo StairsRamp - Main LevelElevator
Listing courtesy of Taylor Properties ?



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
Save
Ask
Tour
Hide
Share