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12146 Somerset Ave
For Sale $399,000
$399,000
- Units
- Unknown Sq Ft
- 30,492 Sq Ft
- Unknown Cap Rate
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.
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $399,000 |
| Property Type | Retail |
| Usable Sqft | Unknown |
| Number of Stories | 1 stories |
| Parking Spots | 0 spots |
| Year Built | 1959 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 2001012452 |
| MLS # | MDSO2006618 |
| Property ID | 294233937 |
| Lot Sqft | 30,492 |
| Zoning | C-2 |
| Days on Market | 108 |
| Original List Price | Unknown |
| Date Updated | November 17, 2025 |
| Date Created | November 16, 2025 |
| Land Value Unit Type | SF |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Matthew Trader an agent of . Lic #631428
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Data last updated: March 04, 2026.
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Robert Crawford
REAL ESTATE AGENT