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Freestanding Bar & Pub Building
For Sale
Contact for pricing
Pending

12123 Somerset Avenue, Princess Anne, MD 21853

Standalone commercial building with prior tavern use and potential for restaurant or retail occupancy.

Property SizeContact for details
Days on Market41

Property Features for 12123 Somerset Avenue

General Information

Standard status Pending
Property subtype Retail

Building Details

Buildings 1
Listing Agency: NAI Coastal - Salisbury
Listed By: Chris Davis · License #MD 302826
Source: Crexi
Added: Jul 21 Changed: Aug 30 Last Checked: Aug 30 at 2:04AM

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 NAI Coastal - Salisbury

Investment Insights

Based on property information with market context.

This freestanding commercial building previously operated as a tavern and is positioned for continued bar and pub use. The existing property may also accommodate a full-service restaurant or retail operation, subject to applicable requirements.

The building is located at 12123 Somerset Avenue in Princess Anne, Maryland, providing a specific address for commercial operations in the community. Its standalone configuration supports a range of food-service, beverage, and storefront concepts identified for the property.

Key Highlights

  • Freestanding commercial building
  • Previously operated as a tavern
  • Potential restaurant use identified

Property Analytics

Current Use

ReWrap Thrift Discount Store

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Auto Parts Store Electrical Service Big Box & Wholesale Store Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

387
Businesses Nearby
Balanced
Demand for This Use

Demographics for 21853, MD

10,179
Population
4,962
Households
2.1
Avg Household Size
33
Median Age
22%
College-Educated
91%
High-School Grad
114.8 sq mi
ZIP Area
89
Density / Sq Mi
$51,710
Median Household Income
$24,603
Median Earnings
$973
Median Rent
$167,000
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • M Street Grille 12302 Somerset Ave, Princess Anne, MD 21853

Frequently Asked Questions

What type of property is this?
Bar & Pub - Standalone commercial building with prior tavern use and potential for restaurant or retail occupancy.
Where is this bar & pub located?
The property is located at 12123 Somerset Avenue Princess Anne, MD.
What are key features of this property?
This property features: Freestanding commercial building; Previously operated as a tavern; Potential restaurant use identified
(443) 523-4539 Call to check price and availability
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