12146 Somerset Avenue Princess Anne, MD
$ 340,000
Property Attributes
  • MLS#MDSO2000226
  • TypeCommercial
  • CountySOMERSET
  • CityPrincess Anne
  • AreaSomerset East of Rt-13
  • Zip21853
  • StyleFlex
  • Year Built1959
  • Taxes$ 2913
  • Price$ 340,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage2486
  • Lot Size0.7 Acres
Listing Provided Courtesy Of:
SVN/Miller Commercial Real Estate
Data Source:
Bright MLS - 382 - MD
Property Description

Fully Leased Princess Anne Multi-Tenant Income Property - Very Good Condition - Geothermal Heat Pump - Large Yard Area - Long Term Leases - Reliable Pay Tenants - Zoned C-2 Commercial - All units are firewalled subdivisions - $32,080 NOI = 9.4 % CAP RATE. Copies of leases and income expense data are available upon request.

Price History
7/28/2021 Listed $340,000

General Features

Acceptable Financing Other
Accessibility Level Entry - Main
Business Type Flex
Construction Materials Brick
Cool Fuel Other
Cooling Other
Days on Market 57
Electric Other
Flooring Concrete
Heating Other
Legal Subdivision G OLIVER MORRELL
MLS Area Somerset East of Rt-13 (20-02)
Municipality Princess Anne
New Construction No
Ownership Fee Simple
Possession Settlement
Price Per Sq Ft 136.77
Property SubType Mixed Use
Property Type Commercial Sale
Roof Asphalt
Sewer Public Sewer
Subdivision Name NONE AVAILABLE
Tax Annual Amount 2913.0
Tax Year 2021
Vacation Rental Y/N No
Water Access Y/N No
Zoning C-2

Interior Features

Central Air Y/N No
Heating Fuel Other
Heating Y/N Yes
Hot Water Other

Exterior Features

Building Area Total 2486.00
Car Parking Spaces 20
Foundation Details Slab
Lot Dimensions 0.00 x 0.00
Lot Features Cleared
Lot Size Acres 0.70
Lot Size Source Assessor
Lot Size Square Feet 30623.00
Navigable Water Y/N No
Total Parking Spaces 22
Type of Parking Parking Lot
Water Oriented Y/N No
Water Source Public
Water View Y/N No
Waterfront Y/N No


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 21853

AVG $210K
AVG $3,410
AVG 133
Year Built
AVG 1979
AVG 39
Data Provided by Walkscore ® not using MLS data

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