305 E Water St, Centreville, MD 21617 | For Sale

Back to Search    

For Sale $500,000

$500,000
  • (0)
  • 2 Units
  • Unknown Sq Ft
  • 20,400 Sq Ft
  • Unknown Cap Rate

Description

Prime Business Opportunity on High-Visibility Water Street in Centreville!
Well-established commercial property offering exceptional exposure in a sought-after location. The first floor features a large retail, office, and storage space that has successfully housed a communications company for 26 years. The second floor includes a 2-bedroom, 1-bath apartment—ideal for owner occupancy or rental income.

Previously operated as a restaurant, the building offers flexible layout potential and is truly ready for your vision. Situated on nearly a half-acre lot, the property boasts a generous parking area with 15+ 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.

View Map
View Map

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

Income

Rental Units


The income description goes here to explain

Expenses

Property Details

List Price $500,000
Property Type Flex Space
Usable Sqft Unknown
Number of Stories 2 stories
Parking Spots 0 spots
Year Built 1962
Last Sold Unknown
Sold Price Unknown
APN # 1803018121
MLS # MDQA2015854
Property ID 322519530
Lot Sqft 20,400
Zoning C3
Total Units 2
Days on Market 19
Original List Price Unknown
Date Updated February 10, 2026
Date Created February 05, 2026

Financials not available online. Please inquire with your agent for more details.

Listing Provided By

Maryn J. LeClair an agent of . Lic #680650


© 2026 Copyright BRIGHT, All Rights Reserved

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers 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 on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.

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.

This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors.

Information Deemed Reliable But Not Guaranteed



Data last updated: February 24, 2026.
$
%
Compare rates
%
Your payment

per month
Estimated payment
Loan amount
Down payment
Interest rate
Loan term
Taxes & insurance included?
Property tax
Homeowner's insurance
HOA dues

Payment Breakdown

Your payment

per month

Amortization

Principal vs. interest



Our powerful mortgage calculator tools helps you estimate your potential mortgage payment on the purchase of a property. Use our tool to find the ideal combination of interest rates, downpayment and real estate purchase price to see the payment that best suits you. Please consult a licensed loan officer to be pre-approved for financing options.

Real Estate Broker
Santa Monica, CA
WE ARE REALTY PARTNER
5
7 Reviews
  • 80Sales
  • 15Listings
  • 36Posts
Love This Property

people love this property

Love This Property