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12146 Somerset Avenue Princess Anne, MD $ 399,000
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12146 Somerset Avenue
$ 399,000
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12146 Somerset Avenue

Princess Anne, MD, 21853
$ 399,000
Bedrooms-- Baths-- Sq 2,486

Monthly Estimate*

$ 2,489

12146 Somerset Avenue, Princess Anne, MD 21853 - Image 1

Commercial Property for sale in Princess Anne, MD

for $399,000. This 2,486 square foot building was built in 1959 on a lot size of 0.7.

Exceptional income-producing and value-add retail/office opportunity located directly adjacent to the heavily trafficked Royal Farms on Somerset Avenue in Princess Anne, MD. This property includes a mix of retail bays suitable for a wide range of neighborhood and service-oriented uses. With strong visibility, consistent traffic, and a prominent location near a major convenience anchor, the site offers solid positioning for future leasing and redevelopment strategies. Beyond the existing income, the property offers a meaningful value-add component with the ability to develop storage units on-site. This additional development option provides a path to increase NOI and enhance long-term asset value through diversified revenue streams. An ideal opportunity for investors, operators, or developers seeking a well-located asset with clear upside potential in the heart of Princess Anne.

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Commercial Active

Price

$ 399,000

Property Type

Commercial

Taxes

$ 0

Style

General Retail

Lot Size

0.7

Year Built

1959

Town/City

Princess Anne

County/Region

Somerset

MLS | Web ID

MDSO2006618
Features
Interior
Heating Fuel Other
Flooring Concrete
Hot Water Other
Total Stories 1
Heating Y/N Y
Central Air Y/N N
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General
Sewer Public Sewer
Heating Other
Cooling Other Heat Pump(s)
Possession Immediate Other
Roof Metal
Zoning C-2
Construction Materials Brick
Year Built 1959
Electric Other
Property Subtype Retail
Tax Year 2025
Ownership Fee Simple
Cool Fuel Other
Municipality Princess Anne
Business Type Other/General Retail
Accessibility Level Entry - Main
County SOMERSET
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions Located next to Royal Farms in Princess Anne MD
City PRINCESS ANNE
MLS Area Somerset East of Rt-13 (20-02)
Lot Size Units Square Feet
Lot Size Square Feet 30492.00
Tax Annual Amount 0.0
Price Per Sq Ft Total AG 160.5
Acceptable Financing Other Cash
Lease Considered Y/N Y
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
Legal Subdivision G OLIVER MORRELL
Tax Lot 0
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Exterior
Lot Features Cleared
Water Source Public
Type of Parking Parking Lot
Foundation Details Slab
Water View Y/N N
Building Area Total 2486.00
Lot Dimensions 0.00 x 0.00
Lot Size Acres 0.70
Lot Size Source Estimated
Waterfront Y/N N
Land Assessed Value 0.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 12146
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* Excluded Features
List By
Rinnier Development Co

Broker

mtrader@rinnier.com

Email

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$2,489
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Monthly Principal & Interest
$2,489
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Default based on a 30-year fixed rate of 6.375% 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
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Pricing History
DatePricePrice ChangeDescription
11/17/2025$399,000 Listed Price

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12146 Somerset Avenue, Princess Anne, MD, 21853 is a Commercial Property for sale at $399,000 with 2,486 sqft and a lot size of 0.7. 12146 Somerset Avenue was built in 1959. The property's zip code is 21853 which is in Princess Anne, MD

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