Agent profile image in chat bubble
Agent profile image in chat header

IDX Support

sales rep | Brivity IDX

Agent profile image in message

12146 Somerset Ave , Princess Anne, MD 21853
$150,000
Est. Payment: $823.66/mo
2486 Sqft
0.7 Acres
Status: active | Days on site: 24
Get Pre-Qualified
ACAI1 - 135028
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from IDX Support, its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.

House Description

GUIDED TOUR MONDAY OCTOBER 26, 2026 BEGINNING PROMPTLY AT 12:00 PM  List Price is Opening Bid at Online Auction. Online Auction Only! Bidding begins Friday, November 13, & ends Wednesday, November 18, 2026 @ 1:30 PM.. INVESTMENT OPPORTUNITY | RED ROOF PLAZA – PRINCESS ANNE, MD Presenting 12146 Somerset Avenue, known as Red Roof Plaza, a commercial strip center offering an excellent investment opportunity in Princess Anne, Maryland. Positioned along heavily traveled Somerset Avenue, this property benefits from premier road frontage and valuable exposure to passing traffic. The plaza is situated adjacent to established commercial destinations, including Royal Farms, providing a strategic location within an active commercial corridor. The property features five commercial units, with three currently leased, offering an established income stream and the opportunity to further enhance rental revenue through the lease-up of the remaining two units. Whether you are an investor seeking an income-producing commercial asset or looking to capitalize on the potential for increased occupancy, Red Roof Plaza presents an opportunity to acquire a commercial property with visibility, location, and additional upside. Explore the possibilities at Red Roof Plaza and capitalize on its prominent Somerset Avenue location and future income potential. Property is Configured as: Unit A -Rented -Flex Space (Live/Work) Rental Information: Scheduled Monthly Rent: $300/mo Scheduled Annual Rent: $3,600/yr Lease Start Date: April 15, 2026 Lease Term: Ends April 30, 2027 Tenant pays all utilities. (individual meter) Unit B Vacant Commercial Space Master Meter Unit C Rental Information: Scheduled Monthly Rent: $950/mo Scheduled Annual Rent: $11,400/yr Lease Start Date: January 1, 2026 Lease Term: Ends December 31, 2026 Tenant and Landlord Split Utilities. (per lease) Master Meter Unit D Vacant Commercial Space Master Meter Unit E Rental Information: Scheduled Monthly Rent: $656±/mo Lease Start Date:  July 1, 2022 Lease Term: 5 Years (Ends July 1, 2027) Buyer to conduct all due diligence regarding zoning, permitted uses, build-ability, utilities, access, setbacks, environmental conditions, subdivision potential, and all applicable Somerset County requirements. Buyer is responsible for independently verifying all information and determining the property’s suitability for their intended use. The information contained herein was obtained from sources deemed to be reliable, but is offered for informational purposes only. Neither the auctioneer, co-listing broker or the owner make any representations or warranties with respect to the accuracy of information.

Highlights

Listed by Larry E Cooper , 4109774708 Alex Cooper Auctioneers, Inc. , 4108284838. Bright MLS

Property Type

Commercial Sale

Lot/Acreage
0.7

Year Built

1959

County

Somerset

Area

Somerset East of Rt-13 (20-02)

School District

Somerset County Public Schools

Listing ID

MDSO2007952

Questions about this listing?

Contact Agent

Interior Features

Air Cond:Central A/C
Fireplaces:
Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No,In City Limits
Lot Dimensions:0.00 x 0.00
Garage Capacity:10
Zoning:C-2
Sewer:Public Sewer
Parking Features:Parking Lot,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Principal Interest
$824
Taxes
$126

Home Price

$150,000

Loan Details

30 yrs
7.312%

Down Payment

20%
$30,000
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:
$823.66

Principal

Taxes

Principal Taxes HOA Total
Monthly $823.66 $125.50 $0.00 $949.16
Yearly $9,883.97 $1,506.00 $0.00 $11,389.97
Total $296,519.02 $45,180.00 $0.00 $341,699.02
Lender profile image
Chico Gordy
Test
GET PRE-QUALIFIED

Never Miss a Property

Be the first to know when a property hits the market.

Current Listings

Last 30 Days
N/A
Nov 2026

Average Price

All Price Ranges
N/A
Nov 2026

Average Days on Market

All Price Ranges
N/A
Nov 2026
Market insight data is pulled from the same city as the listing being viewed (Princess Anne, 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: 2026-11-14T09:11:29.000Z

© 2026 Bright MLS