About This Home

This 2-bedroom, 3-bathroom single family at 305 E WATER Street in Centreville, MD is listed for $450,000 ($136 per sqft). Built in 1962, the home offers 3,300 sqft of living space on a 0.47 acres lot.

Key Features

  • Built in 1962
  • 0.47 acre lot
  • 2 stories
  • 12 parking spaces

Property Details

2 stories
1 full, 2 half
12 spaces
1962

Amenities

A/C
Listing Description

Mixed-use commercial property offering exceptional exposure in a sought-after location. The first floor commercial space features about 1800+ sq' separated between a large retail space, office/kitchen , and storage space. The second floor includes a 2-bedroom, 1-bath apartment-ideal for owner occupancy or rental income.

Seller financing may be available for buyers with 20% down, 5% interest, amortized at 15 years with a 5 year balloon. The building offers flexible layout potential and is truly ready for your vision. Downstairs can easily be divided into three sections to rent out separately.

Situated on nearly a half-acre lot, the property boasts a generous parking area with 12+ 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. Take advantage of the seller financing opportunity and 5% rate!

Monthly Cost Estimate

$2,407/mo

20% down · 6.5% · 30 years

Principal$325
Interest$1,950
Insurance$131

Estimates only. Actual payments may vary.

Location

305 E WATER Street

Centreville, MD 21617

NONE AVAILABLE

Property Details

Construction

Block

Parking

Parking Lot

Heating

Hot Water(Heating)Baseboard

Cooling

Window Unit(s)Wall Unit(s)

Questions & Answers

This 2-bedroom, 3-bathroom single family at 305 E WATER Street is listed at $450,000 ($136/sqft). The estimated monthly payment is $2,406 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1962, 0.47 acre lot, 2 stories, 12 parking spaces.

This property is listed by Maryn J. LeClair.

ML

Maryn J. LeClair

License 680650

Agent at Chesapeake Real Estate Associates, LLC

Listed by Chesapeake Real Estate Associates, LLC · Broker phone: (410) 643-4663 · View on Broker Site · Broker website

MLS# MDQA2018338· Source: Bright MLS· 71 days on PropertySimple

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

305 E WATER Street, Centreville, MD 21617

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