Search
Centreville Commercial Property on Rt 304

303 E WATER St, Centreville, MD 21617

For Sale
$450,000

Highly visible commercial property with ample parking and flexible layout.

Property SizeContact for details
Lot Size0.82 Acres
Days on Market250

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: Tidewater Properties
Listed By: Elaine F McNeil
Source: Elliman
Added: Mar 10 Changed: Nov 12 Last Checked: Nov 12 at 9:12AM

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 Tidewater Properties

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

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 benefits from an easement on the left side of the building. Its location provides convenient access to restaurants, the Post Office, the Public Library, and downtown Centreville, all within walking distance. The building has previously accommodated two separate businesses, including an ice cream shop, laundromat, specialty supplies store, real estate office, and accountant's office. Each side features a half bath and a kitchen coffee bar. A circular driveway provides convenient access to both the front and back of the building for deliveries. The interior is designed with 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, requiring appointments to be made in advance for viewing.

Key Highlights

  • Highly visible location on Rt 304 (E Water St) in Centreville.
  • Ample parking with circular driveway for easy deliveries.
  • Versatile commercial space suitable for various businesses (ice cream shop, laundromat, offices, etc.).

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Carroll Brent T ... Tax Preparation

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store HVAC Service Storage Facility Cafe & Coffee Shop Computer & Electronic Repair Auto Parts Store

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

528
Businesses Nearby
43k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 48% Shops & Services 33% Dining 19%
ACME Markets Groceries
20,298 visits/mo 0.4 miles
Hardee's Dining
8,086 visits/mo 0.5 miles
Dollar General Shops & Services
6,895 visits/mo 0.3 miles
Citgo Shops & Services
5,447 visits/mo 0.5 miles
Truist Shops & Services
1,899 visits/mo 0.2 miles

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

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: Highly visible location on Rt 304 (E Water St) in Centreville.; Ample parking with circular driveway for easy deliveries.; Versatile commercial space suitable for various businesses (ice cream shop, laundromat, offices, etc.).
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Why hide this one?