About This Home

This 0-bedroom, 0-bathroom other at 305 E WATER Street in Centreville, MD is listed for $450,000. Built in 1962, on a 0.47 acres lot.

Key Features

  • Built in 1962
  • 0.47 acre lot
  • 15 parking spaces

Property Details

15 spaces
1962

Amenities

A/C
Listing Description

Prime Business Opportunity on High-Visibility Water Street in Centreville! Seller financing may be available for buyers with 20% down, 5% interest, amortized at 15 years with a 5 year balloon. Well-established 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. 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

Property Details

Construction

Block

Parking

Parking Lot

Heating

Hot Water(Heating)Baseboard

Cooling

Window Unit(s)Wall Unit(s)

Questions & Answers

This 0-bedroom, 0-bathroom other at 305 E WATER Street is listed at $450,000. 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, 15 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 · Broker website

MLS# MDQA2015854· Source: Bright MLS· 265 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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