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    406 Liberty St Centreville, MD 21617

    Sponsored
    For Sale
    $295,000

    Downtown Centreville Office: 1200 sq ft, .63 acres

    Property size:
    1,200 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 1,200 square foot commercial office building presents a remarkable investment opportunity in the heart of Centreville, Maryland. Located at 406 S Liberty Street, this property enjoys a highly visible and accessible position in the downtown area, benefiting from significant foot and vehicle traffic. The building itself features five separate offices, providing ample space for a variety of business configurations. A full bathroom is conveniently located within the building. The property's layout is designed for versatility and efficiency, catering to diverse operational needs. Beyond the building, a substantial 0.63-acre lot provides a generous parking area, ensuring convenient access for clients and employees. This prime location offers unparalleled visibility and accessibility, making it an ideal choice for businesses seeking a thriving and established commercial environment. The asking price for this exceptional property is $295,000. This represents a significant opportunity to establish or expand your business in a vibrant and strategically advantageous location. The combination of size, layout, parking, and location makes this property a truly compelling investment.

    Property Features for 406 Liberty St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    1,200 SF
    Lot Size
    27,443 SF

    Building Details

    Year Built
    1950
    Property Profile Location Intelligence

    Current Use by Public Records

    Dr. Timothy Monahan Podiatrist Dr. David Clarkson Podiatrist Eastern Shore Family ... Medical Clinic

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Centreville
    County
    Queen Anne's
    State
    Maryland
    Longitude
    -76.07151
    Latitude
    39.04111

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    FAQs

    What type of property is this?
    Office Property / Space - Downtown Centreville Office: 1200 sq ft, .63 acres
    Where is this office property / space located?
    The property is located at 406 Liberty St Centreville, MD.
    What is the asking price?
    The asking price for this property is $295,000.
    (443) 274-1900
    Request Owner's contact information
    406 Liberty St Centreville, MD 21617
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    Centreville, MD 21617
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    406 Liberty St Centreville, MD 21617
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