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5122 Main Street Grasonville, MD $ 339,000
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$ 339,000 Get more info
5122 Main Street
$ 339,000
Back to search
Share Save

5122 Main Street

Grasonville, MD, 21638
$ 339,000
Bedrooms-- Baths-- Sq 2,655

Monthly Estimate*

$ 2,087

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Commercial Property for sale in Grasonville, MD

for $339,000. This 2,655 square foot building was built in 1954 on a lot size of 0.64.

5122 Main Street comprises a 5 unit apartment building in the Grasonville area of Queen Annes County. The property is located a short distance south of exit 44B from US-50, near the US-50/US-301 interchange and approximately 8 miles east of the Bay Bridge, providing a convenient location for tenants commuting throughout the Eastern Shore and Annapolis areas. The building currently has 4 of 5 units rented for a gross rent of $3,000/month ($36,000/year). The auction provides an opportunity to buy a strategically located asset with excellent upside potential.

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Commercial Active

Price

$ 339,000

Property Type

Commercial

Taxes

$ 2,590

Style

Apartment Building

Lot Size

0.64

Year Built

1954

Town/City

Grasonville

County/Region

Queen Annes

MLS | Web ID

MDQA2016986
Features
Interior
Heating Fuel Propane - Owned
Flooring Carpet Luxury Vinyl Plank Hardwood Vinyl
Hot Water Other
Heating Y/N Y
Central Air Y/N N
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General
Sewer Public Sewer
Heating Heat Pump(s)
Cooling Other Window Unit(s)
Possession Immediate
Roof Asphalt Shingle Metal
Zoning GNC
Construction Materials Frame
Year Built 1954
Property Subtype Five Or More Units
Tax Year 2025
Ownership Fee Simple
Cool Fuel Other
Business Type Apartment Building
Accessibility None
County QUEEN ANNES
New Construction N
Property Type Commercial Sale
Subdivision Name GRASONVILLE
Water Access Y/N N
Status ACTIVE
Directions Near US-50 & Evans Avenue
City GRASONVILLE
Disclosures None
Number Of Units Total 5
Lot Size Units Square Feet
Lot Size Square Feet 27878.00
Tax Annual Amount 2590.0
Price Per Sq Ft Total AG 127.68
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
Total Actual Rent 36000.00
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Exterior
Water Source Public
Type of Parking Parking Lot
Water View Y/N N
Building Area Total 2655.00
Lot Size Acres 0.64
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 150000.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 5122
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* Excluded Features
List By
A.J. Billig & Company

Broker

charles@ajbillig.com

Email

Affordability Calculator

$2,303
Per Month
91%
9%
0%
Monthly Principal & Interest
$2,087
Monthly Property Taxes
$216
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
4/17/2026$250,000 Listed Price

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5122 Main Street, Grasonville, MD, 21638 is a Commercial Property for sale at $339,000 with 2,655 sqft and a lot size of 0.64. 5122 Main Street was built in 1954. The property's zip code is 21638 which is in Grasonville, MD

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