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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!

Highlights

  • Land
  • 1.41 Acre Lot
  • 304 days on Market


  • Acres
    1.41
  • Water
    Public


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Frequently Asked Questions

How do I schedule a tour of High St?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to High St.

They know lands in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about High St?

Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $450,000. We can talk through recent upgrades, potential seller motivation, how this land compares to others in Cambridge, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for High St?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for High St at around $2,583. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy High St?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Dorchester County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for High St?

In most cases, yes. Whether High St is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Cambridge's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on High St?

We can handle that for you. Our preferred local agent specializes in lands in Cambridge and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

How long has this property been on the market?

High St was listed on January 11, 2026, which means it's been on the market for 304 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

What is the lot size of this property?

High St sits on a 1.41-acre lot, which is 61,420 square feet.

What are the property taxes for High St?

The most recent public record shows annual property taxes for High St were approximately $263. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is High St still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Listing information 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. Information deemed reliable but not guaranteed by the MLS. Copyright 2026, Bright. All rights reserved.

Last Updated: November 11, 2026 at 10:23AM | Source: Bright | MLS#: MDDO2011354