Mixed-Use Property with Income
For Sale
$279,900
501 Market St, Pocomoke City, MD 21851
Versatile commercial property with house-style front and apartment rear.
Property Size6,145 SF
Price / SF$45.55
Days on Market140
Property Features for 501 Market St
General Information
Standard status
Active
Size
6,145 SF
Building Details
Year Built
1925
Listing Agency:
Keller Williams Realty Delmarva
Listed By:
Michael Dunn · License #317243
(443) 783-0242
Source:
Riverfoxrealty
Added: Apr 24
Changed: Sep 8
Last Checked: Sep 9 at 10:40PM
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 Keller Williams Realty Delmarva
Investment Insights
Based on property information with market context.
This B-1 commercial property presents a mixed-use opportunity. The front building features a house-style layout suitable for office use, professional services, or live/work arrangements. The rear building contains what appear to be seven one-bedroom, one-bathroom apartments and one two-bedroom, one-bathroom apartment, offering income potential. The property requires updates and improvements, presenting a value-add opportunity for investors, owner-users, or developers. The flexible layout and multiple units offer the potential to reposition and customize the property for various uses. The property has a bike score of 31, indicating it is somewhat bikeable, and a walk score of 3, indicating car dependence.
Key Highlights
- B‑1 commercial zoning offers versatile mixed‑use potential.
- Two buildings: front house‑style building and rear building with multiple units.
- Potential for office, professional services, live/work, or income generation.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
358
Businesses Nearby
Explore this area
Business Placement
Demographics for 21851, MD
7,229
Population
3,547
Households
2
Avg Household Size
43
Median Age
20%
College-Educated
92%
High-School Grad
103.6 sq mi
ZIP Area
70
Density / Sq Mi
$50,847
Median Household Income
$37,255
Median Earnings
$828
Median Rent
$186,700
Median Home Value
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Versatile commercial property with house-style front and apartment rear.
Where is this mixed-use property located?
The property is located at 501 Market St Pocomoke City, MD.
What is the asking price?
The asking price for this property is $279,900.
What are key features of this property?
This property features: B‑1 commercial zoning offers **versatile mixed‑use potential**.; Two buildings: front house‑style building and rear building with multiple units.; Potential for office, professional services, live/work, or income generation.
