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Mixed-Use Property with Residential Unit
For Sale
$540,000

28420 Point Lookout Rd, Loveville, MD 20656

Mixed-use property featuring commercial space and a residential income unit.

Lot Size0.68 Acres
Days on Market185

Property Features for 28420 Point Lookout Rd

General Information

Standard status Active
Lot size 0.68 Acres
Listing Agency: Baldus Real Estate, Inc.
Listed By: Sarah Swann · License #662211
Source: Exprealty
Added: Jan 26 Changed: Jul 10 Last Checked: Jul 29 at 8:36PM

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 Baldus Real Estate, Inc.

Investment Insights

Based on property information with market context.

This mixed-use property presents a commercial opportunity complemented by a 2-bedroom, 1-bathroom residential unit located at the rear of the property. The residential unit is currently rented, providing immediate income. Updates to the property include a new roof and the installation of mini-split A/C units. The location benefits from a high traffic count, with approximately 10,000 vehicles passing daily, according to a 2023 SHA study. This property is suitable for business operations with a live-in home or rental income potential.

Key Highlights

  • High daily traffic count (10,000 SHA‑2023) ideal for commercial business.
  • Mixed‑use property offering both commercial and residential opportunities.
  • Includes a 2‑bedroom, 1‑bathroom home for living or rental income.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Electrical Service Plumbing Service Furniture & Home Goods Grocery & Convenience Store Big Box & Wholesale 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

17
Businesses Nearby

Demographics for 20656, MD

106
Population
55
Households
1.9
Avg Household Size
52
Median Age
71%
High-School Grad
0.6 sq mi
ZIP Area
177
Density / Sq Mi

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 - Mixed-use property featuring commercial space and a residential income unit.
Where is this mixed-use property located?
The property is located at 28420 Point Lookout Rd Loveville, MD.
What is the asking price?
The asking price for this property is $540,000.
What are key features of this property?
This property features: High daily traffic count (10,000 SHA‑2023) ideal for commercial business.; Mixed‑use property offering both commercial and residential opportunities.; Includes a 2‑bedroom, 1‑bathroom home for living or rental income.
More about this property
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