$ 399,000
-
$399,000
Price -
0
Bed -
0
Bath -
2,486
SqFt
NEW! Buy and sell safely with virtual options - Learn More
About the Listing RDC218 - 3255967
Exceptional income-producing and value-add retail/office opportunity located directly adjacent to the heavily trafficked Royal Farms on Somerset Avenue in Princess Anne, MD. This property includes a mix of retail bays suitable for a wide range of neighborhood and service-oriented uses. With strong visibility, consistent traffic, and a prominent location near a major convenience anchor, the site offers solid positioning for future leasing and redevelopment strategies. Beyond the existing income, the property offers a meaningful value-add component with the ability to develop storage units on-site. This additional development option provides a path to increase NOI and enhance long-term asset value through diversified revenue streams. An ideal opportunity for investors, operators, or developers seeking a well-located asset with clear upside potential in the heart of Princess Anne.
Listing Highlights
Status
Active
Days on Site
32
Property Type
Commercial Sale
MLS ®
MDSO2006618
Year Built
1959
Total Square Footage
2,486
Lot/Acreage
0.7
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Heat Pump(s)
- Heating:
- Fireplaces:
- Floor: Concrete
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Cleared,Not New Construction,Horse Property: No,In City Limits
- Garage Capacity: N/A
- Parking Spaces: 21
- Lot Dimensions: 0.00 x 0.00
- Zoning: C-2
- Roof: Metal
- Others:
- Sewer: Public Sewer
- Parking Features: Parking Lot,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
12146 Somerset Ave Princess Anne, MD 21853
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
