11742 SOMERSET AVE Princess Anne, MD 21853

$389,000
11742 SOMERSET AVE, Princess Anne, MD 21853
Call 1-800-839-1363
SO8459246

Commercial Property for sale in Princess Anne, MD

for $389,000. This 12,436 square foot building was built in 1965 on a lot size of 0.26 Acre(s).

Property Information

  • $389,000
  • Commercial
  • 12,436 Square Feet
  • Taxes are $8,171
  • Retail
  • Active
  • 0 Floors
  • Lot size of 0.26 Acre(s)
  • Built in 1965
  • Princess Anne, MD
  • Somerset County
  • MLS/Web ID is SO8459246

 Virtual Tour

Description

This property is part of a portfolio sale that consists of two commercial-use buildings totaling 19, 476 SF & located on three parcels of land totaling .826 acres in Princess Anne, MD. This site was developed in phases spanning between 1920 & 1965. It is located in the historic downtown area of Somerset county.

Interior 2

Sewer

  • Public Sewer

Water Source

  • Public Water

Exterior 1

Parking

  • On Street Parking

† Excluded Feature

Listed By

Broker: FARINA REAL ESTATE SERVICES

11742 SOMERSET AVE, Princess Anne, MD, 21853 is a Commercial Property for sale at $389,000 with 12,436 sqft and a lot size of 0.26 Acre(s). 11742 SOMERSET AVE was built in 1965. The property's zip code is 21853 which is in Princess Anne, MD

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Pricing History

Date Price Price Change Description
7/24/2017 $389,000 -20.45 % Price Change
12/6/2016 $489,000 -11.24 % Price Change
9/17/2014 $550,900 Listed Price

Market Pricing

Average % of sale price Median % of sale price
All listings in Princess Anne $267,553 31 % below $176,490 55 % below
Commerical listings in Princess Anne $294,450 24 % below $294,450 24 % below
Sold listings in Princess Anne $78,217 80 % below $85,000 78 % below

Get the facts about Princess Anne, MD!

Population 3,375
Population Growth (since 2000) 41 %
Median Income $25,426
Median Age 27.17
Households w/ Children 15 %

Residential Dwellings

  • Owned 434
  • Vacant 195
  • Rented 877

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