305 E Water St, Centreville, MD 21617

Centreville
Local realty services provided by:Better Homes and Gardens Real Estate Reserve
305 E Water St,Centreville, MD 21617
$450,000
  • 2 Beds
  • 3 Baths
  • 3,300 sq. ft.
  • Single family
  • Active
Listed by: maryn j. leclair
Office: chesapeake real estate associates, llc.
MLS#:MDQA2018338
Source:BRIGHTMLS

Price summary

  • Price:$450,000
  • Price per sq. ft.:$136.36

About this home

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 apartment—ideal 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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Home facts

  • Year built:1962
  • Subdivision & Development:NONE AVAILABLE
  • Listing ID #:MDQA2018338
  • Added:5 day(s) ago
  • Updated:August 25, 2026 at 02:00 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:3
  • Full bathrooms:1
  • Half bathrooms:2
  • Living area:3,300 sq. ft.

Heating and cooling

  • Cooling:Wall Unit, Window Unit(s)
  • Heating:Baseboard - Hot Water, Oil

Structure and exterior

  • Roof:Architectural Shingle
  • Year built:1962
  • Building area:3,300 sq. ft.
  • Lot area:0.47 Acres
  • Construction Materials:Block
  • Foundation Description:Slab
  • Levels:2 Stories

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$450,000
  • Price per sq. ft.:$136.36
  • Tax amount:$5,577 (2025)

Features and amenities

  • Laundry features:Has Laundry

Parking

  • Parking description:Parking Lot

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