11761 Somerset Avenue Princess Anne, MD ^$ 1,175,000

11761 Somerset Avenue

^$ 1,175,000

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Recently Listed

11761 Somerset Avenue

Princess Anne, MD, 21853

^$ 1,175,000

Bedrooms-- Baths-- Sq 14,182

Monthly Estimate*

^$ 7,235

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Commercial Property for sale in Princess Anne, MD

for $1,175,000. This 14,182 square foot building was built in 1950 on a lot size of 0.09.

Introducing an exceptional investment opportunity in the heart of Princess Anne, MD. This expansive 14,182 SF building, constructed in 1950, boasts 17 units, comprising 10 residential and 7 commercial spaces, an excellent opportunity for a multifamily investor. Situated just a quarter of a mile from the University of Maryland Campus, this property offers an ideal location for potential tenants. With a layout designed to maximize rental income, this property presents an attractive prospect with great potential for yield and growth. Don't miss the chance to invest in this prime asset in a thriving area with promising returns.

Commercial Active

Price

^$ 1,175,000

Property Type

Commercial

Taxes

^$ 4,259

Style

Apartment Building,Restaurant/Bar,Religious Facili

Lot Size

0.09

Year Built

1950

Town/City

Princess Anne

County/Region

Somerset

MLS | Web ID

MDSO2007168

Features

Interior

Heating Fuel Electric

Hot Water Electric

Heating Y/N Y

Central Air Y/N Y

General

Sewer Public Sewer

Heating Forced Air

Cooling Central A/C

Possession Settlement

Zoning C-1 COMMUNITY COMMERCIAL

Construction Materials Brick

Year Built 1950

Property Subtype Five Or More Units

Tax Year 2025

Ownership Fee Simple

Cool Fuel Electric

Municipality Princess Anne

Business Type Apartment Building Restaurant/Bar Religious Facility Professional

Accessibility None

County SOMERSET

New Construction N

Property Type Commercial Sale

Water Access Y/N N

Status ACTIVE

Directions follow Rt 13 south until the second light in Princess Anne and make a left on Mt Vernon Rd go right at the next light and follow to the towns center. Make a left at the light at Prince Williams stree

City PRINCESS ANNE

Number Of Units Total 8

MLS Area Somerset East of Rt-13 (20-02)

Lot Size Units Square Feet

Lot Size Square Feet 3922.00

Tax Annual Amount 4259.0

Price Per Sq Ft Total AG 179.88

Vacation Rental Y/N N

Standard Status Active

Year Built Source Estimated

Legal Subdivision MILES W BALLARD SURV

Tax Lot 1

Exterior

Water Source Public

Type of Parking On Street

Water View Y/N N

Building Area Total 6532.00

Lot Dimensions 0.00 x 0.00

Lot Size Acres 0.09

Lot Size Source Assessor

Waterfront Y/N N

Land Assessed Value 0.00

Navigable Water Y/N N

Water Oriented Y/N N

Internal Only

Street Number 1 11761

* Excluded Features

List By

Nai Coastal

Broker

george@naicoastal.com

Affordability Calculator

$7,590

Per Month

Monthly Principal & Interest: $7,235
Monthly Property Taxes: $355
Monthly Home Insurance: --

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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

Trends
Schools

Commerical listings in Princess Anne, MD

Average List Price ^$467,300

Percent of Sale Price 60%

About Princess Anne, MD

3,493 Population

45% Since 2002

^$22,015 Median Income

28.42 Median Age

24% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2136830 Elementary School

2137124 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/3/2026	$1,175,000		Listed Price

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11761 Somerset Avenue, Princess Anne, MD, 21853 is a Commercial Property for sale at $1,175,000 with 14,182 sqft and a lot size of 0.09. 11761 Somerset Avenue was built in 1950. The property's zip code is 21853 which is in Princess Anne, MD

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BrightMLS Broker Reciprocity^SM program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Weichert, Realtors® participates, and is provided by BrightMLS through a licensing agreement.

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11761 Somerset Avenue

Commercial Property for sale in Princess Anne, MD

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