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Downtown Retail Storefront Opportunity
For Sale
$197,500

38 PARKE STREET, Aberdeen, MD 21001

Highly visible downtown storefront offers about 1,440 square feet with a rear covered carport for practical service and storage access.

Property Size1,440 SF
Price / SF$137.15
Days on Market87

Property Features for 38 PARKE STREET

General Information

Standard status Active
Size 1,440 SF
Property subtype Retail

Taxes and HOA fees

Annual Taxes $2,341

Amenities

Central Air
3
Vinyl, Carpet
Parking.
Lot.
Park
Other, Central Business District.

Building Details

Year Built 1950
Listing Agency: Cummings & Co. Realtors
Listed By: Kathy Townsend · License #507416
Source: Xome
Added: May 15 Changed: Aug 8 Last Checked: Aug 8 at 3:53AM

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 Cummings & Co. Realtors

Investment Insights

Based on property information with market context.

This sale or lease-ready retail storefront is approximately 1,440 square feet and offers highly visible commercial space in a downtown setting. The property also includes a rear covered carport, which can support private parking, storage, and deliveries or other operational needs.

Located at 38 N Parke Street in downtown Aberdeen, the space benefits from convenient access near City Hall and downtown amenities, with nearby activity associated with the American Legion and Aberdeen Festival Park. Electric vehicle charging stations are located directly across the street adjacent to the park.

Per zoning in Aberdeen’s Transit Oriented Development (TOD) District, permitted uses include retail, office, and personal services, along with other uses allowed under local zoning regulations.

Key Highlights

  • Approximately 1,440 SF highly visible downtown commercial space on N. Parke Street
  • Offered for sale at $210,000 or lease at $2,000.00 per month
  • Central Air cooling; heating system listed as 3

Property Analytics

Current Use

GOLD DISCOUNTER (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Restaurant Dental Office Big Box & Wholesale 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

690
Businesses Nearby
64k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 96% Dining 4%
Wawa Shops & Services
35,331 visits/mo 0.2 miles
AutoZone Shops & Services
6,000 visits/mo 0.5 miles
Bank of America Shops & Services
5,745 visits/mo 0.2 miles
Exxon Shops & Services
3,993 visits/mo 0.2 miles
M&T Bank Shops & Services
3,573 visits/mo 0.2 miles

Demographics for 21001, MD

25,714
Population
11,010
Households
2.3
Avg Household Size
38
Median Age
28%
College-Educated
92%
High-School Grad
30.0 sq mi
ZIP Area
857
Density / Sq Mi
$81,778
Median Household Income
$49,765
Median Earnings
$1,391
Median Rent
$267,400
Median Home Value

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?
Retail space - Highly visible downtown storefront offers about 1,440 square feet with a rear covered carport for practical service and storage access.
Where is this retail space located?
The property is located at 38 PARKE STREET Aberdeen, MD.
What is the asking price?
The asking price for this property is $197,500.
What are key features of this property?
This property features: Approximately 1,440 SF highly visible downtown commercial space on N. Parke Street; Offered for sale at $210,000 or lease at $2,000.00 per month; Central Air cooling; heating system listed as 3
More about this property
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