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St. Leonard Commercial Buildings For Sale
For Sale
$825,000

4821 St Leonard Rd, Saint Leonard, MD 20685

Two commercial buildings in downtown St. Leonard with ample parking.

Property SizeContact for details
Days on Market412

Property Features for 4821 St Leonard Rd

General Information

Standard status Active
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $4,502

Building Details

Year Built 1948
Listing Agency: RE/MAX ONE
Listed By: PATTEE MCINERNEY · License #307954
Source: Corcoran
Added: Jul 6, 2025 Changed: Aug 13 Last Checked: Aug 20 at 6:38AM

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 RE/MAX ONE

Investment Insights

Based on property information with market context.

Located in downtown St. Leonard, this property features two commercial buildings with abundant natural light and ample parking. The current occupancy rate is 80%, with a cleaning company recently vacating an end unit. This presents a rare investment opportunity to acquire these two commercial buildings, with the potential for further development into commercial spaces due to their location within the town limits and adjacency to each other. The seller is open to holding some financing. Fully rented 2-year leases are set to commence on December 1, 2024.

Key Highlights

  • Discounted price when purchased with adjacent commercial building (4821 St. Leonard Rd, MLS#2017926) for $1,590,000.
  • Rare investment opportunity including two commercial buildings, two homes, and a lot.
  • Potential for commercial development of all five properties due to location within town limits and adjacency.

Property Analytics

Current Use

Shopping centers

Location Intelligence

Trade Area within ½ mile

13
Businesses Nearby
Well-served
Demand for This Use

Demographics for 20685, MD

6,648
Population
2,494
Households
2.7
Avg Household Size
42
Median Age
24%
College-Educated
93%
High-School Grad
22.9 sq mi
ZIP Area
290
Density / Sq Mi
$122,059
Median Household Income
$65,131
Median Earnings
$1,515
Median Rent
$431,200
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
Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Two commercial buildings in downtown St. Leonard with ample parking.
Where is this shopping center located?
The property is located at 4821 St Leonard Rd Saint Leonard, MD.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: Discounted price when purchased with adjacent commercial building (4821 St. Leonard Rd, MLS#2017926) for $1,590,000.; Rare investment opportunity including two commercial buildings, two homes, and a lot.; Potential for commercial development of all five properties due to location within town limits and adjacency.
More about this property
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