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Historic Mixed-Use Building For Sale

110 West Green Street Snow Hill, MD 21863

110 West Green Street, Snow Hill, MD, 21863
$1,299,000
For Sale
Claim this Listing
$1,299,000

Renovated 6-unit building with commercial and residential spaces.

Property Size9,380 SF
Price / SF$138.49
AddedNov 21, 2025
Days on Market237
Last RefreshJul 15 at 8:45 am

Property Features for 110 West Green Street

General Information

Standard status
Active
Size
9,380 SF
Property subtype
Retail

Building Details

Year Built
1900

Listing office SVN/Miller Commercial Real Estate

Listing date Nov 21, 2025

Source Svn

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of SVN/Miller Commercial Real Estate


Investment Insights

Based on property information with market context.

Located at 110 West Green Street, this historic 9,380 square foot building presents a prime investment opportunity. Constructed in 1900 and renovated into 2024, the property features six units, including four commercial spaces and two residential apartments, with views of the Pocomoke River. The B-1 zoning provides versatile potential for retail enterprises. The building is a short drive from Ocean City beaches and Berlin. The second floor contains two luxury three-bedroom apartments. Two commercial units have been completely renovated, while the other two are under construction. Each unit is separately metered for water and electric. The owner is in the process of converting the building into six condominium units and will provide all relevant information to the new owner. The property includes a new roof, HVAC systems, and appliances in the residential units. All furniture, fixtures, and equipment can remain or be removed.

Key Highlights

  • Meticulously renovated in 2024, blending historic charm with modern updates.
  • Six units (4 commercial, 2 residential) offering diverse income streams.
  • Prime B‑1 zoning allows for versatile retail enterprises.

Local Financial Insights For Retail

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 $149.7k $15.96
− Vacancy −$11.2k −$1.20
EGI $138.5k $14.76
− OpEx −$41.5k −$4.43
NOI $96.9k $10.33
9,380 SF · lease $15.96/SF/yr · vacancy 7.50% · expense 30.00%

Alternative Uses

Best Use
Retail
$1.38M
$1.21M – $1.62M (±1% cap)
NOI $96,934 @ 7.0% cap · market cap 7.46%
Second Best
Apartment 5plus
$1.26M
$1.10M – $1.47M (±1% cap)
NOI $88,278 @ 7.0% cap · market cap 6.80%
Theoretical Best
Office A
$2.25M
$1.97M – $2.63M (±1% cap)
NOI $157,787 @ 7.0% cap · market cap 12.15%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Real Estate Agency Hair Salon Auto Parts Store Building Supply Law Firm Big Box & Wholesale Store Plumbing Service Grocery & Convenience Store (Bike/Boat/Book/etc) Store Parking Lot & Garage

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

FAQs

What type of property is this?
Retail space - Renovated 6-unit building with commercial and residential spaces.
Where is this retail space located?
The property is located at 110 West Green Street Snow Hill, MD.
What is the asking price?
The asking price for this property is $1,299,000.
What are key features of this property?
This property features: Meticulously renovated in 2024, blending historic charm with modern updates.; Six units (4 commercial, 2 residential) offering diverse income streams.; Prime B‑1 zoning allows for versatile retail enterprises.
Contact an agent
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