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8-Unit Mixed-Use Property
For Sale
$525,000

145 HORSESHOE ROAD, Rising Sun, MD 21911

Combines commercial units and residential apartments across a substantial income-producing property.

Property Size15,423 SF
Price / SF$34.04
Days on Market8

Property Features for 145 HORSESHOE ROAD

General Information

Standard status Active
Size 15,423 SF
Property subtype Commercial

Additional Details

Multifamily Units 5

Building Details

Year Built 1950
Listing Agency: Alberti Realty, LLC
Listed By: Joseph Warren Avampato · License #RS-0037117
Source: Cummingsrealtors
Added: Sep 16 Changed: Sep 20 Last Checked: Sep 21 at 6:42AM

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 Alberti Realty, LLC

Investment Insights

Based on property information with market context.

This mixed-use property at 145 Horseshoe Road includes 8 total units comprising 3 commercial units and 5 residential apartments. The building contains 15,423 square feet, including over 13,000 rentable square feet, and was built in 1950.

The property occupies nearly 3 acres in Rising Sun, Maryland, providing a sizable land component alongside its commercial and residential configuration. The combination of unit types creates a diversified layout with both business and apartment components within one property.

Key Highlights

  • 8 total units: 3 commercial units and 5 residential apartments
  • 15,423 square feet with over 13,000 rentable square feet
  • Nearly 3 acres of land

Property Analytics

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Current Use

Mixed-use properties

Suggested Use

Top Pick Auto Repair Shop HVAC Service Grocery & Convenience Store Computer & Electronic Repair Veterinary Clinic Restaurant

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

5
Residential units

Location Intelligence

Trade Area within ½ mile

33
Businesses Nearby

Demographics for 21911, MD

11,207
Population
4,149
Households
2.7
Avg Household Size
42
Median Age
24%
College-Educated
87%
High-School Grad
37.4 sq mi
ZIP Area
300
Density / Sq Mi
$100,401
Median Household Income
$54,854
Median Earnings
$1,205
Median Rent
$313,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Combines commercial units and residential apartments across a substantial income-producing property.
Where is this mixed-use property located?
The property is located at 145 HORSESHOE ROAD Rising Sun, MD.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: 8 total units: 3 commercial units and 5 residential apartments; 15,423 square feet with over 13,000 rentable square feet; Nearly 3 acres of land
More about this property
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