Search
11761 SOMERSET Ave, Princess Anne, MD, 21853
Princess Anne Multifamily Investment

11761 SOMERSET Ave Princess Anne, MD 21853

For Sale
$1,175,000

17-unit property near University of Maryland campus.

Property Size14,182 SF
Price / SF$82.85
Days on Market112

Property Features for 11761 SOMERSET Ave

General Information

Standard status
Active
Size
14,182 SF
Property subtype
Commercial

Building Details

Year Built
1950
Listing Agency: NAI Coastal - Salisbury
Listed By: George Timothy Merritt · License #0681070
Source: Elliman
Added: Apr 4 Changed: Jul 10 Last Checked: Jul 24 at 11:20AM

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.

Located in Princess Anne, MD, this 14,182 square foot building, constructed in 1950, features 17 units. The property includes 10 residential and 7 commercial spaces. Situated a quarter of a mile from the University of Maryland Campus, the location is suitable for potential tenants. The property is designed to maximize rental income and presents an opportunity for yield and growth. The bike score is 43, indicating it is somewhat bikeable, and the walk score is 59, indicating it is somewhat walkable.

Key Highlights

  • Prime location just 0.25 miles from the University of Maryland Campus
  • Substantial 14,182 SF building with 17 units
  • Mix of 10 residential and 7 commercial units

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

CROPA STATION Restaurant

Suggested Use

Real Estate Agency Auto Parts Store Parking Lot & Garage Grocery & Convenience Store Storage Facility Skin Care Clinic (Bike/Boat/Book/etc) Store Gym & Fitness Center Carpet & Flooring Store Electrical Service

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

FAQs

What type of property is this?
Apartment building - 17-unit property near University of Maryland campus.
Where is this apartment building located?
The property is located at 11761 SOMERSET Ave Princess Anne, MD.
What is the asking price?
The asking price for this property is $1,175,000.
What are key features of this property?
This property features: Prime location just 0.25 miles from the University of Maryland Campus; Substantial 14,182 SF building with 17 units; Mix of 10 residential and 7 commercial units
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