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Listed by Maryn LeClair • Chesapeake Real Estate Associates, LLC
$ 450,000
Est. payment /mo
Price Dropped by $50K
305 E WATER ST Centreville, MD 21617
0.47 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID MDQA2015854
Year Built 1962
Available Date 2026-02-06
Annual Tax Amount $5,577
Tax Year 2025
Lot Size 0.468 Acres
Acres 0.47
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
Prime Business Opportunity on High-Visibility Water Street in Centreville! Seller financing may be available for buyers with 20% down, 5% interest, amortized at 15 years with a 5 year balloon.
Well-established commercial property offering exceptional exposure in a sought-after location. The first floor commercial space features about 1800+ sq' separated between a large retail space, office/kitchen , and storage space. The second floor includes a 2-bedroom, 1-bath apartment—ideal for owner occupancy or rental income.
The building offers flexible layout potential and is truly ready for your vision. Downstairs can easily be divided into three sections to rent out separately. Situated on nearly a half-acre lot, the property boasts a generous parking area with 15+ spaces and room for future expansion. A rare opportunity for entrepreneurs, investors, or owner-operators looking to establish or grow their business in the heart of Centreville. Take advantage of the seller financing opportunity and 5% rate!
Well-established commercial property offering exceptional exposure in a sought-after location. The first floor commercial space features about 1800+ sq' separated between a large retail space, office/kitchen , and storage space. The second floor includes a 2-bedroom, 1-bath apartment—ideal for owner occupancy or rental income.
The building offers flexible layout potential and is truly ready for your vision. Downstairs can easily be divided into three sections to rent out separately. Situated on nearly a half-acre lot, the property boasts a generous parking area with 15+ spaces and room for future expansion. A rare opportunity for entrepreneurs, investors, or owner-operators looking to establish or grow their business in the heart of Centreville. Take advantage of the seller financing opportunity and 5% rate!
Location
State MD
County Queen Annes
Zoning C3
Interior
Hot Water Propane
Heating Baseboard - Hot Water
Cooling Wall Unit, Window Unit(s)
Heat Source Oil
Exterior
Garage Spaces 18.0
Water Access N
Roof Type Architectural Shingle
Accessibility 2+ Access Exits
Total Parking Spaces 18
Garage N
Building
Foundation Slab
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Queen Anne'S County Public Schools
Others
Tax ID 1803018121
Ownership Fee Simple
Special Listing Condition Standard
Nearby Locations