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12146 Somerset Avenue

PRINCESS ANNE, MD 21853
  • $399,000
  • STATUS: Active
  • ON SITE: 81 Days
  • ID#: MDSO2006618
UPDATED: 28 min ago
$399,000
  • 0
    BEDS
  • 0.7
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1959
County:

School Ratings & Info

Description

Exceptional income-producing and value-add retail/office opportunity located directly adjacent to the heavily trafficked Royal Farms on Somerset Avenue in Princess Anne, MD. This property includes a mix of retail bays suitable for a wide range of neighborhood and service-oriented uses. With strong visibility, consistent traffic, and a prominent location near a major convenience anchor, the site offers solid positioning for future leasing and redevelopment strategies.Beyond the existing income, the property offers a meaningful value-add component with the ability to develop storage units on-site. This additional development option provides a path to increase NOI and enhance long-term asset value through diversified revenue streams.An ideal opportunity for investors, operators, or developers seeking a well-located asset with clear upside potential in the heart of Princess Anne.

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©2026 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Lisa Mathena Group. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2026-02-07T07:52:05.73.
www.lisasellsdelaware.com/homes/170026385
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12146 Somerset Avenue PRINCESS ANNE, MD 21853

  • Price: $399,000
  • Status: Active
  • On Site: 81 Days
  • Updated: 28 min ago
  • ID#: MDSO2006618
0
Beds
0
Baths
0
½ Baths
0.7
Acres
1959
Built
Neighborhood:
Somerset East Of Rt-13 (20-02)
County:
Somerset
Area:
Somerset East Of Rt-13 (20-02)
School District:
Somerset County Public Schools
Property Description
Exceptional income-producing and value-add retail/office opportunity located directly adjacent to the heavily trafficked Royal Farms on Somerset Avenue in Princess Anne, MD. This property includes a mix of retail bays suitable for a wide range of neighborhood and service-oriented uses. With strong visibility, consistent traffic, and a prominent location near a major convenience anchor, the site offers solid positioning for future leasing and redevelopment strategies.Beyond the existing income, the property offers a meaningful value-add component with the ability to develop storage units on-site. This additional development option provides a path to increase NOI and enhance long-term asset value through diversified revenue streams.An ideal opportunity for investors, operators, or developers seeking a well-located asset with clear upside potential in the heart of Princess Anne.
Exterior Features

Construction Materials Brick Garage YN No Lot Features Cleared Parking Types Parking Lot Roof Metal Water Access YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 2486.00 Cooling OtherHeat Pump(s) Flooring Concrete Heating Other Heating YN Yes Net Square Feet 2486.00

Property Features

Acceptable Financing OtherCash Accessibility Features Level Entry - Main Central Air YN No Cooling Fuel Other Electric Other Foundation Details Slab Ground Rent Payment Frequency Annually Heating Fuel Other Hot Water Other Lease Considered YN Yes Municipality Princess Anne Navigable Water YN N New Construction YN No Original MLSNumber 804317377162 Ownership Interest Fee Simple Property Sub Type Retail Sale Type Standard Sewer Public Sewer Tax Annual Amount 0.00 Tax Lot 0 Vacation Rental YN No Water Source Public Zoning C-2

Listing courtesy of Rinnier Development Co: .


©2026 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Lisa Mathena Group. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2026-02-07T07:52:05.73.
 
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