12146 Somerset Ave, Princess Anne, MD 21853
- $399,000
- List Price
- $399,000
- Days on Market
- 262
- Status
- ACTIVE
- MLS#
- MDSO2006618
- Lot Size (Acres)
- 0.7000000000000001
- Year Built
- 1959
- County
- Somerset
- School District
- Somerset County Public Schools
Property Description
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.
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Additional Information
- Area
- Somerset East of Rt-13 (20-02)
- Stories
- 1
- School District
- Somerset County Public Schools
- Flooring
- Concrete
- Heating
- Other
- Heating Fuel
- Other
- Cooling
- Other, Heat Pump(s)
- Roof
- Metal
- Water
- Public
- Sewer
- Public Sewer
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Listing courtesy of Rinnier Development Co. Contact: (410) 742-8151