305 E Water St, Centreville, MD 21617

$450,000

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List Price
$450,000
Price Change
▼ $50,000 1785285936
Days on Market
173
Status
ACTIVE
MLS#
MDQA2015854
Lot Size (Acres)
0.47000000000000003
Year Built
1962
County
Queen Annes
School District
Queen Anne's County Public Schools

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!

Additional Information

Taxes
$5577
Stories
2
School District
Queen Anne's County Public Schools
Heating
Baseboard - Hot Water
Heating Fuel
Oil
Cooling
Wall Unit, Window Unit(s)
Roof
Architectural Shingle
Water
Public
Sewer
Public Sewer

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Chesapeake Real Estate Associates, LLC. Contact: