Centreville Commercial Property on Route
For Sale
$450,000
303 E WATER St, Centreville, MD 21617
Highly visible commercial property with ample parking and flexible layout.
Property SizeContact for details
Lot Size0.82 Acres
Days on Market266
Property Features for 303 E WATER St
General Information
Standard status
Active
Lot size
0.82 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$4,799
Building Details
Year Built
1960
Units
1
Listing Agency:
(443) 262-1310
Listed By:
Elaine F McNeil
(443) 262-1310
Source:
Elliman
Added: Nov 28, 2025
Changed: Aug 10
Last Checked: Aug 21 at 12:13PM
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 Elaine F McNeil
Investment Insights
Based on property information with market context.
This commercial property is located on Route 304 (E Water St) in Centreville, offering high visibility and ample parking. Situated next to the old Centreville railroad line, the property is conveniently close to restaurants and within walking distance of the Post Office, Public Library, and downtown Centreville. Historically, the building has housed two separate businesses, including an ice cream shop, laundromat, specialty supplies store, real estate offices, and an accountant's office. The interior features a bath and kitchen coffee bar on each side, along with a circular driveway providing easy access to both the front and back of the building for deliveries. The layout includes locations for private offices, workstations, and a welcoming entrance area with a built-in desk. A small deck is located at the back of the property. Additionally, there is a large garage storage area in the back of the building, equipped with lighting, concrete floors, and a garage door. The property is currently rented, presenting an investment opportunity.
Key Highlights
- High‑visibility location on Rt 304 (E Water St) in Centreville with ample parking.
- Versatile commercial space suitable for various businesses (ice cream shop, laundromat, offices, etc.) with bath and kitchen/coffee bar on each side.
- Circular driveway provides convenient access for deliveries to the front or back of the building.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
528
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 21617, MD
10,719
Population
4,218
Households
2.5
Avg Household Size
43
Median Age
40%
College-Educated
96%
High-School Grad
108.5 sq mi
ZIP Area
99
Density / Sq Mi
$117,668
Median Household Income
$53,289
Median Earnings
$1,327
Median Rent
$460,900
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Highly visible commercial property with ample parking and flexible layout.
Where is this storefront property located?
The property is located at 303 E WATER St Centreville, MD.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: High‑visibility location on Rt 304 (E Water St) in Centreville with ample parking.; Versatile commercial space suitable for various businesses (ice cream shop, laundromat, offices, etc.) with bath and kitchen/coffee bar on each side.; Circular driveway provides convenient access for deliveries to the front or back of the building.
