401 OLD VIRGINIA ROAD, POCOMOKE CITY, MD 21851
WORCESTER County
Key Facts
Description
Seize the opportunity to own a versatile mixed use commercial property. Perfect for investors and owner / operators alike and could include the existing business through a separate negotiation / sale. This property underwent a total overhaul since 2020. All plumbing, electrical, HVAC and ductwork have been replaced and insulation added. The first floor has been completely upgraded while maintaining its rustic appeal and features retail space, 2 bathrooms and storage. In addition to over 1300 square feet of storage area, the 2nd floor features a spacious, income producing 3 bedroom / 1 bath apartment with private entrance that could also be utilized for an owner / operator suite. This sale includes the adjoining property of 1847 Market Street which boasts an additional 15,020 square feet (.34 acres) of land that could be developed or used for additional parking. The additional acreage brings the total land area to 29,037 square feet (.67 acres). This is a high visibility location situated at a signalized intersection with ingress and egress from 2 roads and outstanding complimentary businesses along heavily travelled US Rt.13, Old Virginia Rd and Market Street.
Property Information
Property Type
Commercial Sale
Sub-Type
Mixed Use
Year Built
1940
Stories
2
Living Area
5,360 sq ft
Lot Size
0.67 acres
Parking Spaces
20
Zoning
B-2
Days on Market
160
MLS® Listing#
MDWO2035430
Property Features
Appliances
Cooling
Heating
Flooring
Parking
Lot Features
Construction
Foundation
Roof
Utilities
Sewer
Water Source
Schools
- High:
- POCOMOKE
- District:
- WORCESTER COUNTY PUBLIC SCHOOLS
Financial Details
Annual Taxes
$2,972
Tax year 2025
Assessed Value
$163,333
Parcel Number
2401005383
Directions
From US Rt.13 travel West onto Old Virginia Rd for less than 1/4 mile. Property is situated at the intersection of Old Virginia Rd @ Market Street (Business 13).
Affordability Calculator
$93,800
Estimated monthly payment
$2,496/mo
Principal $375,200 · Est. interest $523,437 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in POCOMOKE CITY, MD
- $463,905
- Median Listing Price
- 82
- Median Days on Market
- 1,171
- Median Sq Ft
- $398
- Median Price / Sq Ft
- 716
- Active Listings
- This home’s price is 1% above the area median.
- Its price per sq ft is 78% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in POCOMOKE CITY, MD.
Location
Points of Interest in POCOMOKE CITY, MD
Showing the POCOMOKE CITY area map.
Nearby Schools
Pocomoke Elementary School
Elementary · 1.7 mi away
Pocomoke High School
Secondary · 1.8 mi away
Pocomoke Middle School
Secondary · 2.6 mi away
Holly Grove Christian School
School · 7.4 mi away
Arcadia High School
Secondary · 7.6 mi away
Arcadia Middle School
Secondary · 7.8 mi away
Somerset County Technical High School
Secondary · 10.6 mi away
Somerset Intermediate School
Secondary · 10.9 mi away
Chincoteague High School
Secondary · 11.6 mi away
Snow Hill Elementary School
Elementary · 12.0 mi away
Snow Hill Middle School
Secondary · 12.0 mi away
Cedar Chapel Special School
School · 12.1 mi away
Chincoteague Elementary School
Elementary · 12.1 mi away
Marion Sarah Peyton School
School · 12.1 mi away
Snow Hill Elementary School
Elementary · 12.1 mi away
Snow Hill High School
Secondary · 12.4 mi away
Washington High School
Secondary · 12.8 mi away
Snow Hill Christian Nursery School
Elementary · 12.9 mi away
Greenwood Elementary School
Elementary · 13.8 mi away
Princess Anne Elementary School
Elementary · 14.1 mi away
Commute Calculator
Nearby Homes
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Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 9 130TH STREET 202, OCEAN CITY, MD | $329,000 | 1 | 1 | 720 |
| 404 SAINT LOUIS AVENUE 12, OCEAN CITY, MD | $329,000 | 2 | 1 | 686 |
| 170 CAPTAINS QUARTERS ROAD 201, OCEAN CITY, MD | $329,900 | 2 | 2 | 832 |
| 6 127TH STREET 408, OCEAN CITY, MD | $329,900 | 1 | 1 | 660 |
| 4711 COASTAL HIGHWAY 335, OCEAN CITY, MD | $329,900 | 2 | 2 | 840 |
| 312 141ST STREET, OCEAN CITY, MD | $329,900 | — | — | — |
Moving Cost Estimate
EXIT Agents in POCOMOKE CITY
Listing Courtesy: Coldwell Banker Realty - 4105434545