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Listed by Courtney Phipps • Hyatt Commercial
$540,000
Est. payment /mo
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID MDSM2032182
Year Built 1915
Annual Tax Amount $4,011
Tax Year 2025
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
Mixed-use investment or Owner-user opportunity offering 3,845 SF commercial building on a 29,620 SF parcel with prime visibility just off Point Lookout Road. Zoned VMX, this versatile property accommodates a wide range of commercial uses and can be demised into three separate retail bays, creating excellent flexibility for owner-users or investors seeking multiple income streams.
The property also includes an income-producing rental home located at the rear of the site, providing immediate cash flow. For investors, the current owner is willing to lease back approximately one-third of the commercial building, offering built-in rental income after closing. Alternatively, the property can be delivered for an owner-user seeking to occupy the entire commercial space.
For buyers looking to expand an existing operation or step into an established business, the current business may also be included in the sale, if desired.
The property also includes an income-producing rental home located at the rear of the site, providing immediate cash flow. For investors, the current owner is willing to lease back approximately one-third of the commercial building, offering built-in rental income after closing. Alternatively, the property can be delivered for an owner-user seeking to occupy the entire commercial space.
For buyers looking to expand an existing operation or step into an established business, the current business may also be included in the sale, if desired.
Location
State MD
County Saint Marys
Zoning VMX
Interior
Hot Water Electric
Heating Baseboard - Electric
Cooling Other
Heat Source Oil
Exterior
Garage Spaces 10.0
Water Access N
Accessibility Other
Total Parking Spaces 10
Garage N
Building
Sewer Private Sewer
Water Other
New Construction N
Schools
School District St. Mary'S County Public Schools
Others
Tax ID 1903003868
Ownership Other
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Other
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