Leonardtown Office/Retail Opportunity

40855 MERCHANTS Ln 102, Leonardtown, MD 20650

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For Lease

$1,800/Mo $43 SF/Yr (calc)

Customizable 500 SF space in a desirable location.

Type:Commercial

Property size:

500 SF

HighLights

Prime Location: Minutes from downtown Leonardtown and major thoroughfares in St. Mary’s County.
Customizable Space: Delivered as a cold, dark shell (approx. 500 SF) allowing for a tailored build‑out for office, retail, or service‑based businesses.
Gross Lease: Landlord covers all NNN expenses, simplifying tenant budgeting.
High‑Traffic Location: Anchored by complementary tenants (physical therapy, pediatrics, insurance) generating consistent daily traffic and business exposure.
Tenant Improvement Allowance: Negotiable allowance available, with buildout considerations reflected in lease terms.
Professional Setting: Front‑facing windows for natural light and visibility, accessed via a shared foyer entrance.

We can help!

Listing Contact

James Marcum

Learn more

For Lease

$1,800/Mo $43 SF/Yr (calc)

Customizable 500 SF space in a desirable location.

Type:Commercial

Property size:

500 SF

Added:: Apr 22, 2026
Days on Market:: 51
Last Refresh:: Apr 22 at 1:55 am

Property Features for 40855 MERCHANTS Ln 102

General Information

Standard status: Active
Size: 500 SF
Property subtype: Commercial

Building Details

Year Built: 2006

We can help!

Listing Contact

James Marcum

Listing agent James Marcum License #5005906

Listing office CENTURY 21 COMMERCIAL NEW MILLENNIUM

Listing date Apr 22, 2026

Source Elliman

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 CENTURY 21 COMMERCIAL NEW MILLENNIUM

HighLights

Prime Location: Minutes from downtown Leonardtown and major thoroughfares in St. Mary’s County.
Customizable Space: Delivered as a cold, dark shell (approx. 500 SF) allowing for a tailored build‑out for office, retail, or service‑based businesses.
Gross Lease: Landlord covers all NNN expenses, simplifying tenant budgeting.
High‑Traffic Location: Anchored by complementary tenants (physical therapy, pediatrics, insurance) generating consistent daily traffic and business exposure.
Tenant Improvement Allowance: Negotiable allowance available, with buildout considerations reflected in lease terms.
Professional Setting: Front‑facing windows for natural light and visibility, accessed via a shared foyer entrance.

Overview

Located at 40855 Merchants Lane, Unit 102 in Leonardtown, this approximately 500 square foot suite presents an opportunity for small businesses. Delivered as a cold, dark shell, the space is customizable for office, retail, or service-based users. It includes a bathroom rough-in for future improvements. Front-facing windows provide natural light and visibility, overlooking the parking area. Access is via a shared foyer entrance with Suite 101. The property is anchored by tenants including physical therapy, pediatrics, and insurance services. Offered as a gross lease, the landlord covers all NNN expenses. A tenant improvement allowance is negotiable, with buildout considerations reflected in lease terms. The location is near downtown Leonardtown and major thoroughfares. The walk score is 44, indicating car-dependence, and the bike score is 34, indicating it is somewhat bikeable.

Location Intelligence

Current Use by Public Records

H&R Block Tax Preparation Waring-Ahearn Insurance Agency Insurance Agency Zcom Wireless Electronics & Wireless Store Dr. Kirit K. ... Pediatrician Waring-Ahearn Insurance Inc: ... Insurance Agency

Suggested Use

Location Insight

Map
Local Demand

City: Leonardtown
County: St. Mary's
State: Maryland
Longitude: -76.6629722
Latitude: 38.3063767

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For lease
Retail space
MD
Leonardtown
20650
40855 MERCHANTS Ln 102

What type of property is this?

Retail space - Customizable 500 SF space in a desirable location.

Where is this retail space located?

The property is located at 40855 MERCHANTS Ln 102 Leonardtown, MD.

What is the lease rate?

The lease rate is $1,800 /Mo.

What are key features of this property?

This property features: Prime Location: Minutes from downtown Leonardtown and major thoroughfares in St. Mary’s County.; Customizable Space: Delivered as a cold, dark shell (approx. 500 SF) allowing for a tailored build‑out for office, retail, or service‑based businesses.; Gross Lease: Landlord covers all NNN expenses, simplifying tenant budgeting.

40855 MERCHANTS Ln 102, Leonardtown, MD 20650

Customizable 500 SF space in a desirable location.

Property Features for 40855 MERCHANTS Ln 102

General Information

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Lease

Back-Parking Office Suite

Leonardtown Office Space for Lease

Leonardtown Retail Flex Space Available

Leonardtown Office Space For Lease

Leonardtown Second-Floor Office Space

Retail Space Available For Rent

Modern Flex Space in Leonardtown

Office

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