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Waterfront Commercial Opportunity on Middle River
For Lease
$3,000/Mo

1923 OLD EASTERN AVE, Essex, MD 21221

2.024-acre waterfront property with industrial zoning and redevelopment potential.

Space SizeContact for details
Property Size2,400 SF
Lot Size2.02 Acres
Days on Market117

Property Features for 1923 OLD EASTERN AVE

General Information

Standard status Active
Size 2,400 SF
Lot size 2.02 Acres
Property subtype Industrial
Lease Term 12 months

Building Details

Year Built 1940
Listing Agency: SAMSON PROPERTIES
Listed By: Jorge L Pimentel · License #528314
Source: Elliman
Added: Apr 15 Changed: Aug 8 Last Checked: Aug 8 at 1:52PM

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 SAMSON PROPERTIES

Investment Insights

Based on property information with market context.

This 2.024-acre waterfront property is located on the shore of Middle River and features 148 feet of direct waterfront. Zoned Commercial Industrial, the site offers flexibility for marine-based operations, investment, or redevelopment. The facility includes five oversized bay doors, a recently replaced roof, and a newly paved blacktop lot providing ample parking and maneuverability for equipment and vehicles. The property has mean water depths of 5 feet (3 feet at low tide), making it suitable for boat service, storage, or waterfront access businesses. Two units are available for lease, either together or separately. Unit A is approximately 2,100 square feet, and Unit B is approximately 2,400 square feet. The property is a turnkey investment with steady cash flow and future expansion potential. The location has a walk score of 69, indicating it is somewhat walkable, a bike score of 47, indicating it is somewhat bikeable, and a transit score of 36, indicating some transit options are available.

Key Highlights

  • Zoned Commercial Industrial with 148' of direct waterfront, offering flexibility for various marine‑based operations, investment, or redevelopment.
  • Two units available: Unit A (±2,100 Sq. Ft.) and Unit B (± 2,400 sq ft) on a 2.024‑acre parcel, available for lease together or separately.
  • Features five (5) oversized bay doors, a recently replaced roof, and a newly paved blacktop lot for ample parking and easy maneuverability.

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Building Supply Restaurant Law Firm Big Box & Wholesale Store Dental Office

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

NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

494
Businesses Nearby
Under-served
Demand for This Use

Demographics for 21221, MD

43,381
Population
18,364
Households
2.4
Avg Household Size
39
Median Age
20%
College-Educated
86%
High-School Grad
15.0 sq mi
ZIP Area
2,892
Density / Sq Mi
$67,368
Median Household Income
$44,416
Median Earnings
$1,305
Median Rent
$266,800
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Co co Amore Events & Catering 2101 old orems rd, middle river, md 21220
  • Dinner on The Table Baltimore, MD 21220

Frequently Asked Questions

What type of property is this?
Flex space - 2.024-acre waterfront property with industrial zoning and redevelopment potential.
Where is this flex space located?
The property is located at 1923 OLD EASTERN AVE Essex, MD.
What is the lease rate?
The lease rate is $3,000/Mo.
What are key features of this property?
This property features: Zoned Commercial Industrial with **148' of direct waterfront**, offering flexibility for various marine‑based operations, investment, or redevelopment.; Two units available: Unit A (±2,100 Sq. Ft.) and Unit B (± 2,400 sq ft) on a 2.024‑acre parcel, available for lease together or separately.; Features **five (5) oversized bay doors**, a recently replaced roof, and a newly paved blacktop lot for ample parking and easy maneuverability.
More about this property
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