12146 SOMERSET Ave, Princess Anne, MD 21853

Building Details

Year Built

1959

Listing office Rinnier Development Company m***@rinnier.com Show Phone

Listing date Nov 28, 2025

Source Elliman

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Overview

This income-producing retail/office property is located directly adjacent to a heavily trafficked Royal Farms on Somerset Avenue in Princess Anne, MD. The property features retail bays suitable for neighborhood and service-oriented uses. The site benefits from strong visibility, consistent traffic, and a prominent location near a major convenience anchor, which positions it well for future leasing and redevelopment. The property also offers a value-add component with the ability to develop storage units on-site, providing a path to increase net operating income and enhance long-term asset value through diversified revenue streams. This property is suitable for investors, operators, or developers seeking a well-located asset with upside potential in Princess Anne.

Suggested Use

Real Estate Agency Gym & Fitness Center Skin Care Clinic Big Box & Wholesale Store Daycare Center Bar & Pub Auto Parts Store Grocery & Convenience Store Bakery Nursing Home

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

Location Insight

• Map
• Local Demand

City

Princess Anne

County

Somerset

State

Maryland

Longitude

-75.6964

Latitude

38.2149

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FAQs

What type of property is this?

Strip mall - Income-producing retail/office property with value-add potential in Princess Anne, MD.

Where is this strip mall located?

The property is located at 12146 SOMERSET Ave Princess Anne, MD.

What is the asking price?

The asking price for this property is $399,000.

What are key features of this property?

This property features: Income‑producing retail/office property with value‑add potential.; Located directly adjacent to a heavily trafficked Royal Farms on Somerset Avenue.; Strong visibility and consistent traffic flow.