Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Remodeled Brick Retail/Office Building Title is generated by Realmo AI

    605 MAIN St 100, Stevensville, MD 21666

    View on Map
    Claim this Listing
    For Lease
    $12 SF/Yr

    Remodeled retail and office building on Main Street in Stevensville.

    Type:Commercial
    Added:
    Apr 15, 2026
    Days on Market:
    49
    Last Refresh:
    Apr 11 at 5:56 am

    Property Features for 605 MAIN St 100

    General Information

    Standard status
    Active
    Property subtype
    Commercial

    Building Details

    Year Built
    1950

    We can help!

    Listing Contact
    Jason Dey
    Jason Dey

    Listing agent Jason Dey License #660980

    Listing office Kevin Dey Realty

    Listing date Apr 15, 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 Kevin Dey Realty

    HighLights

    • Prime Main Street location in Stevensville.
    • Remodeled brick building suitable for retail or office use.
    • Multiple offices, conference room, and bullpen area.
    • Includes kitchenette and 2 bathrooms.
    • Close proximity to restaurants, retail, schools, and Rt. 50/301.
    • Main level entry.

    Overview

    This is a remodeled brick building suitable for retail or office use, situated on Main Street in Stevensville. Formerly a fire house, the building features multiple offices, a conference room, a bullpen area, a kitchenette, and two bathrooms. The property offers main level entry and is located close to restaurants, other retail establishments, schools, and Routes 50/301. The location has a walk score of 41, indicating car-dependence, and a bike score of 59, suggesting it is bikeable.
    Location Intelligence

    Current Use by Public Records

    Farabee Fine Lines Hair Salon 38th Avenue Photography ... Photography Service Kent Island Scuba (Bike/Boat/Book/etc) Store Signature Dream Homes Construction Company Robert Laraway Dental Office

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Pharmacy Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Stevensville
    County
    Queen Anne's
    State
    Maryland
    Longitude
    -76.3096584
    Latitude
    38.9787687

    Nearby Similar for Lease

    • $2,000/Mo
      1,075 SF

      Retail/Office Space on Route 50/301

      Retail or office space with high traffic and visibility.
      200 ISLAND PLAZA Ct 200, Stevensville, MD 21666
      View Details
    • $750/Mo

      Office Suite in STEVENSVILLE, MD

      Private office suite space available for lease in STEVENSVILLE.
      1107 BUTTERWORTH Court, STEVENSVILLE, MD 21666
      View Details
    • $1,900/Mo
      1,200 SF

      Functional Warehouse Space For Rent

      1200 SF warehouse space with 14-foot bay door.
      317 STATE St 5, Stevensville, MD 21666
      View Details
    • Contact for pricing
      18,160 SF

      Stevensville Office Space for Lease

      18,160 square feet of office space in Stevensville, MD.
      130 Love Point Road, Stevensville, MD 21666
      View Details
    • $20 SF/Yr
      7,046 SF

      Retail Space in Stevensville, MD

      Retail property with abundant parking and immediate highway access.
      1201-1245 Shopping Center Rd, Stevensville, MD
      View Details
    • $1,550/Mo

      Private Office Suite For Rent

      Private office suite space available for rent.
      1107 BUTTERWORTH Ct 2A, Stevensville, MD 21666
      View Details
    • $1,600/Mo
      2,000 SF

      Warehouse Space with Paint Booth

      50x40 shop/warehouse/storage available for rent.
      100 BRIDGE COURT, STEVENSVILLE, MD 21666
      View Details
    • $30 SF/Yr
      16,000 SF

      Vibrant Retail Space Available Now

      16,000+ sq ft retail space near Bay Bridge Marina.
      214 PIER 1 ROAD, STEVENSVILLE, MD 21666
      View Details
    • Contact for pricing

      Service Station Pad Site Available

      Commercial property for lease with high visibility and easy access.
      400 Thompson Creek Rd, Stevensville, MD 21666
      View Details
    • $27 SF/Yr
      2,034 SF

      Retail and Office Space Available

      National retail shopping center and neighborhood office building for lease.
      340-398 Thompson Creek Mall, Stevensville, MD
      View Details
    • Contact for pricing
      3,900 SF

      Retail Space in Stevensville, MD

      Retail space available in a high-traffic shopping center.
      110-200 Kent Manor Dr, Stevensville, MD
      View Details

    FAQs

    What type of property is this?
    Retail space - Remodeled retail and office building on Main Street in Stevensville.
    Where is this retail space located?
    The property is located at 605 MAIN St 100 Stevensville, MD.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: Prime Main Street location in Stevensville.; Remodeled brick building suitable for retail or office use.; Multiple offices, conference room, and bullpen area.
    (410) 858-8168
    We can help!
    Listing Contact
    Jason Dey
    Jason Dey
    Real Estate License ID: 660980
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    605 MAIN St 100, Stevensville, MD 21666
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!