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303 E WATER STREETCENTREVILLE, MD 21617

Commercial · 2,400 Sq. ft. | 0.82 Acres
$450,000 ACTIVE

303 E WATER STREET Overview

Time on Site:
305 days
Visits:
7

Great investment opportunity in a highly visible area. The property is on part of Rt 304 (E Water St,) which runs through Centreville with ample parking, next to the old Centreville railroad line. (Easement is on left of the building) Close to restaurants, walking distance to Post Office, Public Library and downtown Centreville. In the past was 2 separate businesses, has been Ice Cream shop, laundromat, specialty supplies, real estate offices and accountant office. ½ bath and kitchen coffee bar on each side. Circular driveway in front and around building so works for deliveries for back or front of building. Designed with locations for private offices, work stations and a great welcoming entrance area with a built-in desk. Small deck on back of property. There is also a large garage storage area in back of the building with lighting, concrete floors and garage door Currently rented so appointments need to be made in advance

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303 E WATER STREET Facts & Features

  • Type Commercial
  • Sq. ft. 2,400
  • Price/Sq.ft. $188
  • Lot 0.82 Acres

Details

General

School Information

  • Elementary School: KENNARD
  • Middle Or Junior School: CENTREVILLE
  • High School: QUEEN ANNE'S COUNTY

Listing Information

  • Real Estate Owned: No
  • Short Sale: No

Building Information

  • New Construction: No
  • Year Built: 1960

Business Information

  • Business Type: Professional

Location/Region

  • Country: US
  • County: QUEEN ANNES
  • County Or Parish: QUEEN ANNES
  • In City Limits: Yes
  • Subdivision Name: CENTREVILLE

Parking Information

  • Total Parking Spaces: 15
  • Type of Parking: Driveway,Parking Lot

Rent/Lease Information

  • Lease Considered: No

Tax Information

  • City/Town Tax: 1906.00
  • City/Town Tax Payment Frequency: Annually
  • County Tax: 2893.00
  • County Tax Payment Frequency: Annually
  • Tax Annual Amount: $4,799.00
  • Tax Assessed Value: 365967.00
  • Tax Year: 2024

General Information

  • Historic: No
  • Inclusions: Storage Garage with cement floor, garage door, electric extended to space.
  • Municipal Trash: Yes
  • Property Condition: Very Good
  • Property Sub Type: Office
  • Property Type: Commercial Sale
  • School District Name: QUEEN ANNE'S COUNTY PUBLIC SCHOOLS
  • Special Listing Conditions: Standard
  • Vacation Rental: No
  • Year Assessed: 2025
  • Zoning: C-3

Interior

Building Information

  • Cooling Fuel: Electric
  • Heating Fuel: Electric
  • Total Drive In Doors: 0
  • Total Restrooms: 2

Parking Information

  • Garage: No

Building Interior

  • Building Area Source: Assessor
  • Building Area Total: 2400.00
  • Central Air: No
  • Elevators Count: 0
  • Hot Water: Electric

General Information

  • Accessibility Features: Other
  • Cooling: Wall Unit
  • Door Features: Double Entry
  • Electric: 120/240V
  • Entry Level: 1
  • Flooring: Carpet
  • Foundation Details: Slab
  • Internet Services: Broadband,Cable,Other
  • Stories Total: 1

Exterior

Building Information

  • Total Loading Docks: 0

Lot Information

  • Lot Features: Other, Irregular
  • Lot Size Acres: 0.82
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 35526.00
  • Lot Size Units: Square Feet
  • Road Responsibility: Public
  • Road Surface Type: Black Top
  • Water Source: Public

Waterfront/View

  • View: Street
  • Water Oriented: No
  • Water View: No
  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Block, Brick Front
  • Fencing: No
  • Roof: Asbestos Shingle

General Information

  • Number Of Units Total: 1
  • Sewer: Public Sewer
  • Water Access: No

303 E WATER STREET Neighborhood

Community

21617 (CENTREVILLE) Demographics

44
Median Age
89
Population Density (per sq. mile)
44%
College Educated
$106,025
Estimated Median Income
3,058
Estimated Total Home Owners
551
Estimated Total Renters
85% / 15%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

303 E WATER STREET Monthly Cost

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$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

303 E WATER STREET Market Data

Based on the last 30 days in this zip code

$596,546
Average List Price
$240
Average Price per Square Foot
9
Properties Sold
87
Average Days on Market
80
Properties for Sale
Calculations provided by Reliance Network

303 E WATER STREET History

Date Event Value Agent
9/1/2025Source: BRIGHT MLS Status Change
ACTIVE
8/28/2025Source: BRIGHT MLS Added to Database
August 28, 2025
Listing provided courtesy of Tidewater Properties- MLS# MDQA2014646MLS ProviderContact Information: 4108278877