For Sale
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Property summary
The property portfolio includes two Washington Street commercial buildings and an adjacent vacant lot in downtown Snow Hill, Worcester County, Maryland, located along a high-visibility thoroughfare. At 204 Washington St, the site consists of a commercial building of approximately 6,560 square feet on a 0.22-acre parcel; the structure is described as under-utilized and suitable for redevelopment into uses such as boutique office, retail/restaurant, creative studio, or a mixed live/work concept. The neighboring vacant lot is included within the portfolio and provides additional land area that may support expansion and complementary site improvements. At 200 Washington St, the multi-use building is approximately 3,600 square feet and sits on a 7,000 square foot lot; it was constructed circa 1900 and has a history of medical/clinic use as well as other commercial tenant uses. Overall, the combination of an operating multi-use building, an additional multi-use building, and an adjacent vacant parcel provides configuration flexibility for owner-occupancy with potential leasing of other space and for redevelopment scenarios that may include commercial, professional office, retail, or residential conversion, including opportunities to consolidate holdings or expand site improvements.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Accessory uses located outside the principal structure and separate structures serving the residential units are prohibited in the B-1 District. § 200-79 Portable storage containers, roll-off trash containers. A. Tempora…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
B-1 · Snow Hill, MDAccessory uses located outside the principal structure and separate structures serving the residential units are prohibited in the B-1 District. § 200-79 Portable storage containers, roll-off trash containers. A. Tempora…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
Accessory uses located outside the principal structure and separate structures serving the residential units are prohibited in the B-1 District. § 200-79 Portable storage containers, roll-off trash containers. A. Tempora…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for B-1 in Snow Hill, MD.
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