305 E Water Street Centreville, MD $ 450,000
305 E Water Street
$ 450,000
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305 E Water Street

Centreville, MD, 21617
$ 450,000
Bedrooms2 Baths1.2 Sq 3,300

Monthly Estimate*

$ 2,841

305 E Water Street, Centreville, MD 21617 - Image 1
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Single Family Home for sale in Centreville, MD

for $450,000 with 2 bedrooms and 1 full bath, 2 half baths. This 3,300 square foot home was built in 1962 on a lot size of 0.47.

Mixed-use commercial property offering exceptional exposure in a sought-after location. The first floor commercial space features about 1800+ sq' separated between a large retail space, office/kitchen , and storage space. The second floor includes a 2-bedroom, 1-bath apartmentideal for owner occupancy or rental income. Seller financing may be available for buyers with 20% down, 5% interest, amortized at 15 years with a 5 year balloon. The building offers flexible layout potential and is truly ready for your vision. Downstairs can easily be divided into three sections to rent out separately. Situated on nearly a half-acre lot, the property boasts a generous parking area with 12+ spaces and room for future expansion. A rare opportunity for entrepreneurs, investors, or owner-operators looking to establish or grow their business in the heart of Centreville. Take advantage of the seller financing opportunity and 5% rate!

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Single Family Active

Price

$ 450,000

Bedrooms

2

Full Bath

1

Half Bath

2

Property Type

Single Family

Taxes

$ 5,577

Style

Lot Size

0.47

Year Built

1962

Town/City

Centreville

County/Region

Queen Annes

MLS | Web ID

MDQA2018338

Features
General
Living Area 3300
Sewer Public Sewer
Heating Baseboard - Hot Water
Cooling Wall Unit Window Unit(s)
Possession 31-60 Days CD 61-90 Days CD
Roof Architectural Shingle
Zoning C3
Architectural Style Other
Construction Materials Block
School District QUEEN ANNE'S COUNTY PUBLIC SCHOOLS
Year Built 1962
Levels 2
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Municipality Centreville
Accessibility 2+ Access Exits
County QUEEN ANNES
New Construction N
Property Type Residential
HOA N
Subdivision Name NONE AVAILABLE
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Full Baths 1
Status ACTIVE
Directions gps
City CENTREVILLE
Senior Community Y/N N
Lot Size Units Square Feet
Lot Size Square Feet 20400.00
Tax Annual Amount 5577.0
Structure Type Detached
Condo/Coop Association fee Y/N N
Bathrooms Full Main Level 0
Bathrooms Count Main Level 2.00
Price Per Sq Ft Total AG 136.36
Acceptable Financing Seller Financing Bank Portfolio Cash
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
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Interior
Heating Fuel Oil
Hot Water Propane
Total Stories 2
Basement (Y/N) N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 3300
Half Baths 2
Central Air Y/N N
Total Bedrooms 2
Below Grade Finished Area 0
Main Level Bedrooms 0
Below Grade Finished Area Unit Type Square Feet
Laundry Type Has Laundry Upper Floor
Below Grade Finished Area Source Assessor
Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type Square Feet
Total Baths 3
Number of Elevators 0
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Exterior
Pool No Pool
Water Source Public
Type of Parking Parking Lot
Foundation Details Slab
Water View Y/N N
Lot Size Acres 0.47
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 285600.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 305
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* Excluded Features
List By
Chesapeake Real Estate Associates, Llc

Broker

marynleclair@chesapeakerea.com

Email

Affordability Calculator

$3,306
Per Month
86%
14%
0%
Monthly Principal & Interest
$2,841
Monthly Property Taxes
$465
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
3534667 Elementary School
3535740 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/19/2026$450,000 Listed Price

Map


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305 E Water Street, Centreville, MD, 21617 is a Single Family Home for sale at $450,000 with 3,300 sqft and a lot size of 0.47. 305 E Water Street has 2 bedrooms, 1.2 baths, and was built in 1962. The property's zip code is 21617 which is in Centreville, MD