Historic Office Building with
105 PEARL ST, Snow Hill, MD 21863
New
Commercial/Industrial - SNOW HILL, MD
Property size:
2,079 SFLot size:
0.08 AcresPrice / SF:
$156/SF- Added:
- Jun 23, 2026
- Days on Market:
- 5
- Last Refresh:
- Jun 27 at 2:06 pm
Property Features for 105 PEARL ST
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- On Street, Parking Lot
- Standard status
- Active
- Lot size
- 0.08 Acres
Taxes and HOA fees
- Tax Annual Amount
- 4322
Utilities
- Heating system
- Central
- Cooling system
- Central Air, Multi Units
Building Details
- Year built
- 1897
- Flooring type
- Brick, Carpet, Tile
- Building materials
- Brick
- Roof type
- Slate
- Architectural style
- Other
Listing agent John R McGoldrick (888) 536-0216
Listing office Snow Hill 303 N. Washington Street, MD (888) 536-0216
Listing date Jun 23, 2026
MLS# MDWO2039292
Listing URL
Copyright © 2026 Long & Foster Real Estate. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Historic commercial building built in 1897, originally the Commercial National Bank
- 2,079 SF of office and professional space with a reception area and private first‑floor office
- Conference rooms on the first and second levels plus two additional second‑floor offices
- Two original bank vaults remain intact; stained‑glass windows and a slate roof
- Each level includes its own bathroom; central heating and central air
- Parking available via on‑street parking and a parking lot
Overview
This historic commercial building was originally constructed in 1897 as the Commercial National Bank. The interior is designed for professional use, featuring an impressive reception area, a private first-floor office, first- and second-level conference rooms, and two additional second-floor offices. Two original bank vaults remain intact, adding a distinctive, functional feature. The building also includes original stained-glass windows and a durable slate roof, and it is described as being in excellent condition for immediate occupancy. Each level is equipped with its own bathroom for convenient day-to-day operations.
The property is located in Snow Hill, Maryland in Worcester County, and the address is 105 Pearl St. It is described as being just steps from the Worcester County Courthouse and nearby county offices, with access to restaurants, shopping, and downtown amenities. Visibility and accessibility are highlighted in the offering.
This space is well suited for attorneys, financial professionals, government contractors, and other professional services that benefit from a reception-driven layout, conference room space, and multiple offices. The presence of two original vaults and preserved historic character may also appeal to users who value distinctive facilities while maintaining practical, ready-to-work improvements.
The property is located in Snow Hill, Maryland in Worcester County, and the address is 105 Pearl St. It is described as being just steps from the Worcester County Courthouse and nearby county offices, with access to restaurants, shopping, and downtown amenities. Visibility and accessibility are highlighted in the offering.
This space is well suited for attorneys, financial professionals, government contractors, and other professional services that benefit from a reception-driven layout, conference room space, and multiple offices. The presence of two original vaults and preserved historic character may also appeal to users who value distinctive facilities while maintaining practical, ready-to-work improvements.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $46.2k | $22.20 |
| − Vacancy | −$7.4k | −$3.55 |
| EGI | $38.8k | $18.65 |
| − OpEx | −$9.7k | −$4.66 |
| NOI | $29.1k | $13.99 |
2,079 SF · lease $22.20/SF/yr · vacancy 16.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$415.4K
$363.5K – $484.6K
NOI $29,077 @ 7.0% cap · market cap 8.95%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$499.6K
$437.2K – $582.9K
NOI $34,972 @ 7.0% cap · market cap 10.76%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Wilkinson & Tobiassen Accounting
Consultant
Location Insight
- Map
- Local Demand
- City
- Snow Hill
- County
- Worcester
- State
- Maryland
- Longitude
- -75.39386
- Latitude
- 38.17709
Nearby Similar for Sale
FAQs
What type of property is this?
Office building - Versatile office layout with multiple conference rooms, original bank vaults, and separate bathrooms for each level.
Where is this office building located?
The property is located at 105 PEARL ST Snow Hill, MD.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Historic commercial building built in 1897, originally the Commercial National Bank; 2,079 SF of office and professional space with a reception area and private first‑floor office; Conference rooms on the first and second levels plus two additional second‑floor offices
