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38 Main Street East New Market, MD $ 199,000
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38 Main Street
$ 199,000
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38 Main Street

East New Market, MD, 21631
$ 199,000
Bedrooms-- Baths-- Sq 2,029

Monthly Estimate*

$ 1,225

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Commercial Property for sale in East New Market, MD

for $199,000. This 2,029 square foot building was built in 1910 on a lot size of 0.54.

Former Mike's Tavern with over 2000 SF of space on .54 acres located in the heart of East New Market. This commercial space has recently been updated and upgraded now featuring vinyl plank flooring in some areas, vinyl siding, new electric service, hot water heater and bathroom(s). Flexible floor plan has potential for office space, restaurant/bar, and can be converted to your specification. Ample room for off street parking. Located near the intersection of Route 16 & Route 14 this property is across from Johnny's Tavern and near Hometown Pride store - excellent visibility and traffic flow. Priced below the recent appraised value of $243,000. Purchaser to verify their use is acceptable with town zoning.

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Commercial Active

Price

$ 199,000

Property Type

Commercial

Taxes

$ 2,058

Style

Lot Size

0.54

Year Built

1910

Town/City

East New Market

County/Region

Dorchester

MLS | Web ID

MDDO2009178
Features
Interior
Heating Fuel None
Flooring Luxury Vinyl Plank Concrete
Hot Water Electric
Central Air Y/N N
Total Restrooms 2
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General
Sewer Public Sewer
Heating None
Cooling None
Utilities Electric Available Phone Available Sewer Available Water Available
Possession 0-30 Days CD Negotiable Settlement
Roof Metal
Zoning C
Construction Materials Block Vinyl Siding
Year Built 1910
Property Subtype Retail
Tax Year 2024
Ownership Fee Simple
Cool Fuel None
Municipality East New Market
Business Type Other
Accessibility Level Entry - Main
County DORCHESTER
New Construction N
Property Type Commercial Sale
Subdivision Name EAST NEW MARKET
Possible Use Bar/Tavern/Lounge Barber/Beauty Church Clothing Commercial Day Care Financial Flex Space Florist/Nursery Food & Beverage Medical/Dental Mixed Use Office Professional Service Restaurant Retail
Water Access Y/N N
Status ACTIVE
Directions US Route 50 to US Route 16N toward East New Market. Turn left onto Route 16N at Dollar General Store. Follow to stop sign. Turn left onto Main Street in East New Market which is also Route 16 N.
City EAST NEW MARKET
Disclosures None
Number Of Units Total 1
Lot Size Units Square Feet
Lot Size Square Feet 23634.00
Tax Annual Amount 2058.0
Property Condition Good
Price Per Sq Ft Total AG 98.08
Acceptable Financing Conventional Bank Portfolio Cash
Lease Considered Y/N N
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
Association Recreation Fee N
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Exterior
Water Source Public
Type of Parking Parking Lot
Foundation Details Slab
Water View Y/N N
Building Area Total 2029.00
Lot Dimensions 78x303
Lot Size Acres 0.54
Lot Size Source Assessor
Waterfront Y/N N
Door Features Insulated
Land Assessed Value 43600.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 38
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* Excluded Features
List By
Sharon Real Estate P.C.

Broker

sharon@sharonre.com

Email

Affordability Calculator

$1,397
Per Month
88%
12%
0%
Monthly Principal & Interest
$1,225
Monthly Property Taxes
$172
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/20/2025$199,000 -17.05% Price Down
3/17/2025$239,900 Listed Price

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38 Main Street, East New Market, MD, 21631 is a Commercial Property for sale at $199,000 with 2,029 sqft and a lot size of 0.54. 38 Main Street was built in 1910. The property's zip code is 21631 which is in East New Market, MD

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