• City of Cambridge Maryland
  • City of Cambridge Maryland
  • City of Cambridge Maryland
  • City of Cambridge Maryland
  • City of Cambridge Maryland
  • City of Cambridge Maryland
  • City of Cambridge Maryland
  • City of Cambridge Maryland
  • City of Cambridge Maryland
  • City of Cambridge Maryland
  • City of Cambridge Maryland
  • City of Cambridge Maryland
  • City of Cambridge Maryland
  • City of Cambridge Maryland
  • City of Cambridge Maryland
  • City of Cambridge Maryland
  • City of Cambridge Maryland
City of Cambridge Maryland News
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Cambridge Arts District Holds First Ever Open House June 14 from 3-5pm

Realtors and property owners showcase homes, buildings and studios for sale or lease during popular Second Saturdays

June 4, 2014 (Cambridge, MD) - Dorchester County realtors and property owners will hold the first ever Cambridge Arts &Entertainment District Open House on Saturday, June 14, from 3 to 5 PM, to showcase over two dozen homes and commercial properties for sale or lease in the designated arts district. Organized  by Valerie Brown, President of Powell Realtors, with participation and support from Sharon Real Estate, Benson & Mangold, Lacaze Meredith, City of Cambridge, Dorchester Center for the Arts, Dorchester Chamber of Commerce and Dorchester County Economic Development the Open House is a unique opportunity for artists, business owners and area residents to tour studios, offices and homes at one time and learn about the benefits an A&E district designation offers property owners, businesses and individual artists.

"From individual studios and stately residences to commercial offices and historic buildings, Cambridge has a diverse and affordable base of properties for sale and lease in our arts district," said Brown. She was motivated to organize the Open House after discovering that many people - including those living and working in the district - were unaware of the tax benefits and incentives an arts district designation offers to individuals and businesses.

Realtors and owners will host open houses of district properties for artists and creative entrepreneurs to find living and/or working spaces. Prices in the area range from $1000 month/rent to over $500,000 for sale including studios, homes, condos and businesses. People start at 530 Poplar Street to pick up A&E information including a map of open houses, list of benefits and information on incentives and improvement programs.

One of the less known benefits of Maryland's A&E designation is the income tax subtraction modification. Administered by the Comptroller's office, the benefit encourages artists to locate in an A&E district by eliminating state income tax for creative work produced and sold there. Eligible artists include: Filmmakers, clothing designers, writers, musicians, dancers, choreographers, photographers, craftsmen visual, folk and traditional artists, fine crafts.

According to economic development director Natalie Cabot, "Cambridge offers a compelling artistic and business proposition. We have several spaces available that can be converted to studios and are extremely appealing from a design perspective."

Created in 2003 and re-certified in 2013, the A&E District includes parts of Pine, Washington, High, Poplar, Race and Muir streets on the west end and sections of Maryland Avenue and Hayward and Franklin east of the drawbridge. Anchored by the Dorchester Center for the Arts, the district contains cooperative galleries, restaurants, museums and shops.

Featured properties on the Open House Tour include: 319 High Street #8, 406 Race Street, 410 Race Street, 530 Poplar Street, and 207 High Street to name a few. A complete list will be available on June 14th.

For a complete listing and information contact Valerie Brown, Powell Realtors, 410-228-9333 or 410-463-3627.