305 E Water St, Centreville, MD 21617
Local realty services provided by:Pagoda Realty ERA Powered
305 E Water St,Centreville, MD 21617
$450,000
- 2 Beds
- 3 Baths
- 3,300 sq. ft.
- Single family
- Active
Listed by: maryn j. leclair
Office: chesapeake real estate associates, llc.
MLS#:MDQA2018338
Source:BRIGHTMLS
Price summary
- Price:$450,000
- Price per sq. ft.:$136.36
About this home
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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Home facts
- Year built:1962
- Subdivision & Development:NONE AVAILABLE
- Listing ID #:MDQA2018338
- Added:2 day(s) ago
- Updated:August 21, 2026 at 01:53 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:3
- Full bathrooms:1
- Half bathrooms:2
- Living area:3,300 sq. ft.
Heating and cooling
- Cooling:Wall Unit, Window Unit(s)
- Heating:Baseboard - Hot Water, Oil
Structure and exterior
- Roof:Architectural Shingle
- Year built:1962
- Building area:3,300 sq. ft.
- Lot area:0.47 Acres
- Construction Materials:Block
- Foundation Description:Slab
- Levels:2 Stories
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$450,000
- Price per sq. ft.:$136.36
- Tax amount:$5,577 (2025)
Features and amenities
- Laundry features:Has Laundry
Parking
- Parking description:Parking Lot
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