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5-Unit Strip Center
New
For Sale
$150,000

12146 SOMERSET Avenue, Princess Anne, MD 21853

Commercial Sale, PRINCESS ANNE, MD

Property SizeContact for details
Lot Size0.70 Acres
Days on Market3

Property Features for 12146 SOMERSET Avenue

General Information

Property type Other
Property subtype Retail
Rooms Basement
Parking 10
Parking features Parking Lot
Elementary school district SOMERSET COUNTY PUBLIC SCHOOLS
Middle school district SOMERSET COUNTY PUBLIC SCHOOLS
High school district SOMERSET COUNTY PUBLIC SCHOOLS
Standard status Active
Lot size 0.70 Acres

Taxes and HOA fees

Tax Annual Amount 1506

Utilities

Heating system Forced Air
Cooling system Central Air

Building Details

Year built 1959
Number of units 5
Listing Agency: Alex Cooper Auctioneers, Inc.
Listed By: Larry E Cooper · License #611887
Added: Oct 14 Last Checked: Oct 16 at 2:06AM
MLS# MDSO2007952

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This five-unit strip center at 12146 Somerset Avenue includes three leased spaces and two vacant commercial suites. The property occupies 0.7 acres and was built in 1959. Heating is provided by forced air, cooling by central air, and parking is available in an on-site lot.

The center sits along Somerset Avenue in Princess Anne and is adjacent to Royal Farms. Its commercial configuration includes a mix of occupied and vacant space.

Key Highlights

  • Five commercial units, with three leased and two vacant
  • 0.7‑acre property
  • Located on Somerset Avenue, adjacent to Royal Farms

Property Analytics

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Current Use

BELLSINC Hair Salon Lavish Glow Esthetics (Bike/Boat/Book/etc) Store HAND 2 HAND ... Discount Store JUDAH FEAST Restaurant

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Real Estate Agency Auto Parts Store Bakery 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.

Lease Details

60%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

365
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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

Frequently Asked Questions

What type of property is this?
Strip mall - Three commercial suites are leased, while two remain available for occupancy.
Where is this strip mall located?
The property is located at 12146 SOMERSET Avenue Princess Anne, MD.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Five commercial units, with three leased and two vacant; 0.7‑acre property; Located on Somerset Avenue, adjacent to Royal Farms
More about this property
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