3700-3704 Main St Grasonville, MD 21638
- Retail properties
- 21,233 SF
- 0.60 lot acres
Current Use by Public Records
- Retail properties
Property Details for 3700-3704 Main St
- Year built
- 1958
- Lot size
- 0.60 lot acres
- Property size
- 21,233 SF
- Property type
- Retail properties
- Property subtype
- Land
Description
This exceptional commercial property, located at 3700-3704 Main St in Grasonville, Maryland, presents a compelling investment opportunity. Priced at $799,000, this 0.6-acre lot boasts two buildings totaling 21,233 square feet, constructed in 1958. The property's prime location offers high visibility and direct access to US 50, ensuring significant traffic exposure. Currently configured as retail space, this property presents great existing revenue prospects. However, its considerable size and strategic location also offer tremendous redevelopment potential, opening doors to a wide array of alternative uses. The property's Class C designation reflects its existing condition, providing an opportunity for value enhancement through renovation or repurposing. An adjoining 8-acre non-commercial parcel is also available for purchase, presenting a unique opportunity to expand the property's footprint and potential. This property is ideal for investors seeking a high-visibility location with significant upside potential in a growing Maryland market. The zip code is 21638, and the property is situated in Queen Anne's County.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Grasonville
- County
- Queen Anne's
- State
- Maryland
- Longitude
- -76.2216
- Latitude
- 38.9641
