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sales rep | Brivity IDX

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305 E Water St , Centreville, MD 21617
$450,000
Est. Payment: $2,470.99/mo
3300 Sqft
0.47 Acres
Status: active | Days on site: 267
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CHEA3 - 3294297
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House 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 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!

Highlights

Listed by Maryn J. LeClair , 4434802837 Chesapeake Real Estate Associates, LLC , 4432154663. Bright MLS

Property Type

Commercial Sale

Lot/Acreage
0.47

Year Built

1962

County

Queen Annes

School District

Queen Anne's County Public Schools

Listing ID

MDQA2015854

Questions about this listing?

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Interior Features

Air Cond:Wall Unit,Window Unit(s)
Fireplaces:
Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No,In City Limits
Garage Capacity:15
Zoning:commercial
Roof:Architectural Shingle
Sewer:Public Sewer
Parking Features:Parking Lot,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Principal Interest
$2,471
Taxes
$465

Home Price

$450,000

Loan Details

30 yrs
7.312%

Down Payment

20%
$90,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,470.99

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,470.99 $464.75 $0.00 $2,935.74
Yearly $29,651.90 $5,577.00 $0.00 $35,228.90
Total $889,557.06 $167,310.00 $0.00 $1,056,867.06
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Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Centreville, MD).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-14T03:13:49.000Z

© 2026 Bright MLS