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303 E WATER STREET, CENTREVILLE, MD 21617

CENTREVILLE · QUEEN ANNES County

Key Facts

2Baths
2,400Sq Ft
1960Year Built
0.82Lot (acres)
1Stories

Description

Great investment opportunity in a highly visible area. The property is on part of Rt 304 (E Water St,) which runs through Centreville with ample parking, next to the old Centreville railroad line. (Easement is on left of the building) Close to restaurants, walking distance to Post Office, Public Library and downtown Centreville. In the past was 2 separate businesses, has been Ice Cream shop, laundromat, specialty supplies, real estate offices and accountant office. ½ bath and kitchen coffee bar on each side. Circular driveway in front and around building so works for deliveries for back or front of building. Designed with locations for private offices, work stations and a great welcoming entrance area with a built-in desk. Small deck on back of property. There is also a large garage storage area in back of the building with lighting, concrete floors and garage door Currently rented so appointments need to be made in advance

Property Information

Property Type

Commercial Sale

Sub-Type

Office

Year Built

1960

Stories

1

Living Area

2,400 sq ft

Lot Size

0.82 acres

Parking Spaces

14

Zoning

C-3

Days on Market

323

MLS® Listing#

MDQA2014646

Property Features

Appliances

Electric Water Heater

Cooling

Wall Unit(s)Electric

Heating

ElectricBaseboard

Flooring

Carpet

Parking

DrivewayParking Lot

Lot Features

Irregular LotOther

Construction

Brick VeneerBlock

Foundation

Slab

Roof

Asbestos Shingle

Utilities

Cable Available

Sewer

Public Sewer

Water Source

Public

Schools

Elementary:
KENNARD
Middle:
CENTREVILLE
High:
QUEEN ANNE'S COUNTY
District:
QUEEN ANNE'S COUNTY PUBLIC SCHOOLS

Financial Details

Annual Taxes

$4,799

Tax year 2024

Assessed Value

$365,967

Parcel Number

1803007677

Directions

From 301 North, come over overpass into Centreville, make right at traffic light in town follow past Post Office on right, property is on left. OR Water St is Rt 304 so coming from 301 travelling south make Rt on 304 and pass Middle and High School - property is on Right.

Affordability Calculator

$90,000

Estimated monthly payment

$2,395/mo

Principal $360,000 · Est. interest $502,232 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in CENTREVILLE, MD

$553,846
Median Listing Price
72
Median Days on Market
2,778
Median Sq Ft
$202
Median Price / Sq Ft
44
Active Listings
  • This home’s price is 19% below the area median.
  • Its price per sq ft is 7% below the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in CENTREVILLE, MD.

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Listing Courtesy: Tidewater Properties - 4108278877

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 EXIT Realty 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. Information Deemed Reliable But Not Guaranteed. Copyright ©2026 Bright MLS. All rights reserved.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by BRIGHT. MLS® Listing#MDQA2014646. © 2026EXIT Realty®. All rights reserved.