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Mixed-Use Property With Expansion Room
For Sale
Contact for pricing
Pending

305 Canton St, Saint Michaels, MD 21663

Central Commercial zoning and a corner-lot setting support a flexible residential and commercial configuration.

Property SizeContact for details
Days on Market142

Property Features for 305 Canton St

General Information

Standard status Pending
Property subtype Retail
Listing Agency: Benson & Mangold Real Estate
Listed By: Christie Bishop · License #MD
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 3:15PM

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 Benson & Mangold Real Estate

Investment Insights

Based on property information with market context.

This mixed-use property is zoned Central Commercial and offers a two-bedroom, one-and-a-half-bath layout with possible commercial use on the first floor and short-term rental use on the second. Renovations would be needed, while the parcel also has room for expansion. Interior features include wood flooring, an open living and dining area, an updated kitchen, main-level laundry and mud room, and a wood-stove insert in the fireplace.

The property occupies a spacious corner lot one block from downtown historic St. Michaels. Exterior improvements include a fenced rear yard, flagstone patio, rear deck, storage shed, and off-street parking. Windows were replaced in 2009, the shed was added in 2009, shingles were replaced in 2013, and the property received new HVAC and an encapsulated crawl space with French drain in 2017. The property is not in a flood zone.

Key Highlights

  • Central Commercial zoning with possible first‑floor commercial and second‑floor short‑term rental use
  • Two‑bedroom, one‑and‑a‑half‑bath layout with main‑level laundry and mud room
  • Spacious corner lot with room for expansion

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Dental Office Hair Salon (Bike/Boat/Book/etc) Store Garden Center Carpet & Flooring Store HVAC Service

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

436
Businesses Nearby

Demographics for 21663, MD

3,142
Population
2,110
Households
1.5
Avg Household Size
59
Median Age
50%
College-Educated
91%
High-School Grad
12.2 sq mi
ZIP Area
258
Density / Sq Mi
$81,932
Median Household Income
$49,273
Median Earnings
$993
Median Rent
$633,300
Median Home Value

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 - Central Commercial zoning and a corner-lot setting support a flexible residential and commercial configuration.
Where is this mixed-use property located?
The property is located at 305 Canton St Saint Michaels, MD.
What are key features of this property?
This property features: Central Commercial zoning with possible first‑floor commercial and second‑floor short‑term rental use; Two‑bedroom, one‑and‑a‑half‑bath layout with main‑level laundry and mud room; Spacious corner lot with room for expansion
More about this property
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