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Oakland Commercial Building For Sale
For Sale
$579,000

312 3RD St, Oakland, MD 21550

10,000+ sq. ft. commercial building on 0.92-acre lot.

Property Size10,000 SF
Lot Size0.92 Acres
Price / SF$57.90
Days on Market98

Property Features for 312 3RD St

General Information

Standard status Active
Size 10,000 SF
Lot size 0.92 Acres
Property subtype Commercial

Building Details

Year Built 1945
Listing Agency:
Listed By: Richard B Orr · License #34181
Source: Elliman
Added: Apr 24 Changed: Jul 10 Last Checked: Jul 15 at 12:09PM

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 Richard B Orr

Investment Insights

Based on property information with market context.

This commercial building in Oakland, Maryland, offers over 10,000 square feet of space on a 0.92-acre lot. The property is zoned commercial and is currently operating as a retail furniture store, making it suitable for continued retail use, warehouse, distribution, or light commercial operations. The interior features expansive open showroom spaces with flexible layout potential. Two loading docks provide efficient access for deliveries and inventory management. The upper level offers significant additional storage capacity or potential for office build-out. The property benefits from high-visibility access and ample on-site parking. The location has a walk score of 52, indicating it is somewhat walkable, and a bike score of 19, indicating it is somewhat bikeable. This property presents an opportunity for owner-users or investors.

Key Highlights

  • 10,000+ sq. ft. commercial building on 0.92‑acre lot
  • Zoned Commercial with multiple permitted use options (retail, warehouse, distribution, light commercial)
  • High‑visibility access and ample on‑site parking

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Electrical Service Plumbing Service (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Storage Facility Locksmith

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

569
Businesses Nearby

Demographics for 21550, MD

13,499
Population
8,395
Households
1.6
Avg Household Size
47
Median Age
26%
College-Educated
90%
High-School Grad
205.5 sq mi
ZIP Area
66
Density / Sq Mi
$65,302
Median Household Income
$39,255
Median Earnings
$724
Median Rent
$210,300
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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Frequently Asked Questions

What type of property is this?
Retail space - 10,000+ sq. ft. commercial building on 0.92-acre lot.
Where is this retail space located?
The property is located at 312 3RD St Oakland, MD.
What is the asking price?
The asking price for this property is $579,000.
What are key features of this property?
This property features: 10,000+ sq. ft. commercial building on 0.92‑acre lot; Zoned Commercial with multiple permitted use options (retail, warehouse, distribution, light commercial); High‑visibility access and ample on‑site parking
More about this property
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