12146 SOMERSET Ave, Princess Anne, MD 21853

Building Details

Year Built

1959

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

Listing date Mar 11, 2026

Source Elliman

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 Rinnier Development Company

Report an issue

---

Overview

This income-producing retail and office property is located adjacent to a Royal Farms on Somerset Avenue in Princess Anne, Maryland. The property features retail bays suitable for neighborhood and service-oriented uses. The site benefits from strong visibility, consistent traffic, and a location near a convenience store. 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 an 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

Nearby Similar for Sale

• 

  $215,000

  1,664 SF

  Princess Anne Turnkey Investment Opportunity

  Two-unit property near UMES college with strong rental income.

  11691 BEECHWOOD Street, PRINCESS ANNE, MD 21853

  View Details
• 

  $580,000

  Turn-Key Business Opportunity For Sale

  Fully equipped business, real estate, and inventory included in sale.

  11466 SOMERSET Ave, Princess Anne, MD 21853

  View Details
• 

  $399,000

  Retail/Office Opportunity in Princess Anne

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

  12146 SOMERSET Ave, Princess Anne, MD 21853

  View Details
• 

  $1,175,000

  14,182 SF

  Princess Anne Multifamily Investment

  17-unit property near University of Maryland campus.

  11761 SOMERSET Ave, Princess Anne, MD 21853

  View Details
• 

  $215,000

  Princess Anne Income Producing Duplex

  Turnkey duplex in Princess Anne, MD, near UMES college.

  11691 BEECHWOOD St, Princess Anne, MD 21853

  View Details
• 

  $160,000

  Leased Triplex Near Route 13

  Fully leased triplex with redevelopment potential near Route 13.

  11528 BECKFORD Ave, Princess Anne, MD 21853

  View Details

FAQs

What type of property is this?

Retail property - Income-producing retail/office property with value-add potential in Princess Anne.

Where is this retail property 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.; Value‑add opportunity through on‑site storage unit development.; Located directly adjacent to a heavily trafficked Royal Farms.