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305 E Water Street

CENTREVILLE, MD 21617
  • $450,000
  • STATUS: Active
  • ON SITE: 22 Days
  • ID#: MDQA2018338
UPDATED: 73 min ago
$450,000
  • 2
    BEDS
  • 0.47
    ACRES
  • 1
    BATHS
  • 2
    1/2 BATHS
  • 3,300
    SQFT
  • $136
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1962
County:

School Ratings & Info

Description

Mixed-use 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. Seller financing may be available for buyers with 20% down, 5% interest, amortized at 15 years with a 5 year balloon.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 12+ 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!

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©2026 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Eng Garcia Properties, LLC | Keller Williams Capital Properties. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2026-09-11T16:59:11.737.
www.enggarcia.com/homes/180278243
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305 E Water Street CENTREVILLE, MD 21617

  • Price: $450,000
  • Status: Active
  • On Site: 22 Days
  • Updated: 73 min ago
  • ID#: MDQA2018338
2
Beds
1
Baths
2
½ Baths
0.47
Acres
3,300
SQFT
$136
$/SQFT
1962
Built
Neighborhood:
None Available
County:
Queen Annes
School District:
Queen Anne's County Public Schools
Property Description
Mixed-use 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. Seller financing may be available for buyers with 20% down, 5% interest, amortized at 15 years with a 5 year balloon.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 12+ 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!
Exterior Features

Architectural Style Other Construction Materials Block Garage YN No Parking Types Parking Lot Pool No Pool Roof Architectural Shingle Water Access YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 3300 Basement YN No Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Wall UnitWindow Unit(s) Fireplace YN No Heating Baseboard - Hot Water Heating YN Yes Laundry Type Has LaundryUpper Floor Levels 2 Main Level Bedrooms 0 Upper Level1 Bedrooms 2

Property Features

Acceptable Financing Seller FinancingBank PortfolioCash Accessibility Features 2+ Access Exits Association YN No Central Air YN No Condo YN No Cooling Fuel Electric Elevators 0 Foundation Details Slab Heating Fuel Oil Hot Water Propane Municipality Centreville Navigable Water YN N New Construction YN No Original MLSNumber 805285460426 Ownership Interest Fee Simple Sale Type Standard Senior Community YN No Sewer Public Sewer Structure Design Type Detached Tax Annual Amount 5577.00 Vacation Rental YN No Water Source Public Zoning C3

Listing courtesy of Chesapeake Real Estate Associates, LLC: .


©2026 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Eng Garcia Properties, LLC | Keller Williams Capital Properties. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2026-09-11T16:59:11.737.
 
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Eng Garcia Properties, LLC | Keller Williams Capital Properties
1930 18th St NW
Washington DC, 20009