Property summary
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.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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