Property profile

1 Main St Berlin, MD 21811

OFF-MARKET
Investment properties
Property ID
US40-1389855
14,184 SF 0.13 ac lot Built 1910
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional investment opportunity presents two adjacent historic retail properties totaling 2,548 square feet, situated on a 0.06-acre lot in the vibrant heart of downtown Berlin, Maryland. The properties boast prime Main Street frontage, directly across from the renowned Atlantic Hotel, ensuring high visibility and foot traffic. 1 South Main Street comprises a charming two-story retail space, featuring a 930-square-foot main unit and an attached 466-square-foot space with a separate entrance. The adjacent 3 South Main Street offers 1,122 square feet of ground-floor retail space, complemented by 1,190 square feet of unfinished space on the second floor, also accessible via a separate entrance. This unfinished space presents significant potential for expansion or adaptive reuse. A delightful park-like area behind the buildings offers additional possibilities for outdoor seating, landscaping, or other creative uses. The properties' rich history includes a notable appearance in the 2001 Disney film "Tuck Everlasting," adding a unique element of charm and potential marketing appeal. This is a rare chance to acquire a significant piece of Berlin's historic downtown, offering immediate income potential and substantial long-term growth opportunities. The asking price for this combined property is $1,100,000.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1910
Construction BRICK
Total area 14,184 SF
Lot 0.13 ac (5,482 SF)
Zoning code B-1
APN 03-033015
UPID US40-1389855

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store
  • Home Decor Store (Bike/Boat/Book/etc) Store
  • Specialty Food Shop Candy Store
  • (Bike/Boat/Book/etc) Store
  • Home Decor Store (Bike/Boat/Book/etc) Store

Location

1 Main St Berlin, MD 21811-1025
Berlin metro Census 951000 SALISBURY, MD-DE METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.77M
Blend (final) Blend
$495k

Owner & transaction history

since 2025
2 recorded transactions
2025
$950,000
2018
$600,000

Zoning & alternative use

B-1 · Berlin, MD
Zoning description

The purpose of this zoning district is to provide Hotel and motels, Bed and breakfast, restaurants, antique or gift shops, automobile service stations.

General category UNKNOWN
Top alternative use upside
Office building $3.5M +13.1%
Warehouse, storage $3.3M +6.9%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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