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Waterfront Mixed-Use Development Opportunity
For Sale
$1,500,000

14478 Solomons Island Rd S, Solomons, MD 20688

Eight residential units plus commercial space with waterfront views.

Property SizeContact for details
Days on Market462

Property Features for 14478 Solomons Island Rd S

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $4,128
Listing Agency: BERKSHIRE HATHAWAY HOMESERVICES PENFED REALTY
Listed By: CHRISTINE M. MCNELIS
Source: Corcoran
Added: May 29, 2025 Changed: Mar 16 Last Checked: Mar 16 at 9:09AM

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 BERKSHIRE HATHAWAY HOMESERVICES PENFED REALTY

Investment Insights

Based on property information with market context.

This mixed-use development opportunity in Solomons Island features eight residential condominium units and a commercial storefront. The property is located in a C1 mixed-use zone and offers waterfront views of the Patuxent River and The Narrows on Back Creek. It includes deep water frontage with a new bulkhead and one of two piers constructed. The buildings provide covered parking with two spaces for each unit. The Planning Commission has approved the project, and the replat has also been approved. The site plan is ready for recording with 10 Transferable Development Rights (TDRs). A Stormwater Management (SWM) plan and specifications are available. Professionals who have previously worked on the project are available to provide ongoing support.

Key Highlights

  • Waterfront property with SPECTACULAR Patuxent River and Back Creek views.
  • Features eight residential condos plus a commercial storefront.
  • Mixed‑use (C1) zoning in Solomons Island.

Property Analytics

Current Use

Mixed-use properties

Suggested Use

Top Pick HVAC Service Plumbing Service Big Box & Wholesale Store Garden Center Grocery & Convenience Store Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

255
Businesses Nearby

Demographics for 20688, MD

1,462
Population
726
Households
2
Avg Household Size
67
Median Age
44%
College-Educated
99%
High-School Grad
1.2 sq mi
ZIP Area
1,218
Density / Sq Mi
$88,902
Median Household Income
$3,000
Median Rent

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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Eight residential units plus commercial space with waterfront views.
Where is this mixed-use property located?
The property is located at 14478 Solomons Island Rd S Solomons, MD.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Waterfront property with SPECTACULAR Patuxent River and Back Creek views.; Features eight residential condos plus a commercial storefront.; Mixed‑use (C1) zoning in Solomons Island.
More about this property
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