Remarks

The Annex/Seed House at Radcliffe Mill is a stunning, one of a kind space. Fully restored in 2007, with additional work done in 2017 to add a built out cafe space, The Annex/Seed House now houses a wellness center, complete with a café, wellness-related offices, and a spectacular studio. The property's zoning allows for a wide array of uses. Keep the space in its current configuration or build out into a full scale restaurant or transform it into office space or apartments.

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. Five of The Seed House offices are on the ground floor, with a sixth office on the second floor, along with additional storage and laundry facilities.

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.

The property consists of two different parcels, and each parcel is also being offered for sale separately as well as together. The sale of 860 High Street alone is contingent on a lot line adjustment. Tax amounts will be adjusted upon completion of the lot line adjustment.

Buyers requesting additional information must sign a Non-Disclosure Agreement.

Details

MLS#: MDKE2004138
Price: $860,000

Year Built: 1891

County: KENT
Tax Fee: 38285.0