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531 W Main Street Crisfield, MD $ 995,000
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531 W Main Street
$ 995,000
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531 W Main Street

Crisfield, MD, 21817
$ 995,000
Bedrooms-- Baths-- Sq 22,162

Monthly Estimate*

$ 6,126

531 W Main Street, Crisfield, MD 21817 - Image 1
531 W Main Street, Crisfield, MD 21817 - Image 2
531 W Main Street, Crisfield, MD 21817 - Image 3
531 W Main Street, Crisfield, MD 21817 - Image 4
531 W Main Street, Crisfield, MD 21817 - Image 5
531 W Main Street, Crisfield, MD 21817 - Image 6
531 W Main Street, Crisfield, MD 21817 - Image 7
531 W Main Street, Crisfield, MD 21817 - Image 8
531 W Main Street, Crisfield, MD 21817 - Image 9

Commercial Property for sale in Crisfield, MD

for $995,000. This 22,162 square foot building was built in 1920 on a lot size of 0.5.

Great opportunity for positive cash flow! Two apartment buildings, 531 W. Main St. has 11 units, 2 storefronts, 2 efficiencies, 4 one bedroom, 3 two bedroom apartments. 527 W. Main St. has 12 units, 3 storefronts, 3 one bedroom apartments, 2 two bedroom apartments, 2 three bedroom apartments. Market rent would indicate over $130,000 annual net income. Additional lot for parking for both buildings. This is a package deal, both buildings for $995,000. See agent for income and expense sheet. Appointment required for showings. Must have 24 hr. or more notice.

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Commercial Active

Price

$ 995,000

Property Type

Commercial

Taxes

$ 1,750

Style

Professional,/General Retail,Hair Salon and Spa

Lot Size

0.5

Year Built

1920

Town/City

Crisfield

County/Region

Somerset

MLS | Web ID

MDSO2006818
Features
Interior
Heating Fuel Electric
Flooring Carpet Hardwood Vinyl
Hot Water Electric
Heating Y/N Y
Central Air Y/N Y
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General
Sewer Public Sewer
Heating Baseboard - Electric Heat Pump - Electric BackUp
Cooling Central A/C Heat Pump(s) Window Unit(s)
Utilities Cable TV
Possession Settlement
Roof Built-Up Architectural Shingle Asphalt
Zoning CBD
Construction Materials Brick
Year Built 1920
Electric 200+ Amp Service
Property Subtype Five Or More Units
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Municipality Crisfield
Business Type Professional Other/General Retail Hair Salon and Spa
Accessibility 2+ Access Exits
County SOMERSET
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions Rt. 413 to Crisfield follow into town turn left on 4th St. right on W. Main. Property on left.
City CRISFIELD
Disclosures Flood Zone
MLS Area Somerset West of Rt-13 (20-01)
Lot Size Units Square Feet
Lot Size Square Feet 21780.00
Tax Annual Amount 1750.0
Property Condition Good
Price Per Sq Ft Total AG 93.39
Acceptable Financing Cash Conventional
Historic Y/N N
Vacation Rental Y/N N
Location Type Business District
Standard Status Active
Year Built Source Assessor
Association Recreation Fee N
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Exterior
Parking Features Private
Lot Features Additional Lot(s)
Water Source Public
Inclusions Each residential rental unit has a refrigerator and electric range.
Type of Parking Parking Lot
Water View Y/N N
Building Area Total 10654.00
Lot Dimensions 0.00 x 0.00
Lot Size Acres 0.50
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 1 531
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* Excluded Features
List By
Wilson Realty

Broker

wilsonrealty@verizon.net

Email

Affordability Calculator

$6,272
Per Month
98%
2%
0%
Monthly Principal & Interest
$6,126
Monthly Property Taxes
$146
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
See complete school information
Pricing History
DatePricePrice ChangeDescription
12/31/2025$995,000 Listed Price

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531 W Main Street, Crisfield, MD, 21817 is a Commercial Property for sale at $995,000 with 22,162 sqft and a lot size of 0.5. 531 W Main Street was built in 1920. The property's zip code is 21817 which is in Crisfield, MD

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