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    OFF-MARKET
    Other commercial real estate

    412 Eastern Blvd, Essex, MD 21221-6714

    2,950 SF 0.08 ac lot Built 1945
    Entity Owned ~ Est. High Equity
    Property ID
    US40-2268537
    Property summary
    AI-generated overview

    This exceptional 2,950 square foot retail property, located at 412 Eastern Boulevard in Essex, Maryland, presents a unique investment or owner-user opportunity. Situated on a 0.08-acre lot, the building is currently vacant, offering immediate flexibility for a wide range of commercial uses. The property boasts attractive features including soaring ceilings and an open-concept layout, providing ample space for customization and adaptation to suit diverse business needs. Previously used as a Brazilian Jiu Jitsu gym, the building's adaptable design makes it ideal for various retail or commercial ventures. The property benefits from a flexible BL zoning designation, expanding its potential uses and attracting a broader range of prospective tenants or owner-operators. Adding to its appeal, the location is within a revitalizing area of Essex, and grants are available for facade improvements, further enhancing the property's value and curb appeal for new businesses. Priced affordably at $375,000, this property represents a compelling investment opportunity with significant upside potential in a growing community. The open floor plan and high ceilings offer a blank canvas for creative business development, making it an attractive proposition for entrepreneurs and investors alike. Don't miss this chance to be part of Essex's ongoing revitalization.

    Property profile
    Verified
    Property type Other commercial real estate
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1945
    Construction BRICK
    Total area 2,950 SF
    Lot 0.08 ac (3,275 SF)
    Zoning code BL
    APN 15-1519711101
    UPID US40-2268537
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Ebenezer Emmanuel Holding Group LLC
    Ebenezer Emmanuel Holding Group LLC
    since 2025
    Last sale
    $325,000
    5 recorded transactions
    2025
    $325,000
    2022
    $250,000
    2010
    $255,378
    2005
    $157,500
    1969
    Zoning & alternative use
    BL · Essex, MD
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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