# 305 E WATER Street, Centreville, MD 21617 > **TL;DR:** other, $450,000, built 1962. > A/C. Est. $2,406/mo. Listed 266 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $450,000 | | Year Built | 1962 | | Lot Size | 20,399 sqft (0.47 acres) | | Property Type | Other (Other) | | Status | Active | | Days on Market | 266 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $2,275 | | Estimated Insurance | $131 | | **Total** | **$2,406** | ## Key Amenities - A/C ## Property Highlights - Built in 1962 - 0.47 acre lot - 15 parking spaces ## Description ### Agent 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! ## Location - **Address:** 305 E WATER Street, Centreville, MD 21617 - **County:** QUEEN ANNES - **Coordinates:** 39.04281, -76.06177 - **Google Maps:** https://www.google.com/maps?q=39.04281,-76.06177 ## Listing Agent - **Name:** Maryn J. LeClair · **License:** 680650 - **Brokerage:** Chesapeake Real Estate Associates, LLC - **Broker Phone:** (410) 643-4663 ## Photos ![305 E WATER Street - Photo 1](http://lh.rdcpix.com/240c8708793ffb46e9a78f0987d306cdl-f2377236519r.jpg) ![305 E WATER Street - Photo 2](http://lh.rdcpix.com/240c8708793ffb46e9a78f0987d306cdl-f1441407318r.jpg) ![305 E WATER Street - Photo 3](http://lh.rdcpix.com/240c8708793ffb46e9a78f0987d306cdl-f943500802r.jpg) ![305 E WATER Street - Photo 4](http://lh.rdcpix.com/240c8708793ffb46e9a78f0987d306cdl-f669067182r.jpg) ![305 E WATER Street - Photo 5](http://lh.rdcpix.com/240c8708793ffb46e9a78f0987d306cdl-f2664953608r.jpg) ![305 E WATER Street - Photo 6](http://lh.rdcpix.com/240c8708793ffb46e9a78f0987d306cdl-f1670215518r.jpg) ![305 E WATER Street - Photo 7](http://lh.rdcpix.com/240c8708793ffb46e9a78f0987d306cdl-f4096517452r.jpg) ![305 E WATER Street - Photo 8](http://lh.rdcpix.com/240c8708793ffb46e9a78f0987d306cdl-f2918548193r.jpg) ![305 E WATER Street - Photo 9](http://lh.rdcpix.com/240c8708793ffb46e9a78f0987d306cdl-f3724161438r.jpg) ![305 E WATER Street - Photo 10](http://lh.rdcpix.com/240c8708793ffb46e9a78f0987d306cdl-f3091899911r.jpg) ![305 E WATER Street - Photo 11](http://lh.rdcpix.com/240c8708793ffb46e9a78f0987d306cdl-f1727075560r.jpg) ![305 E WATER Street - Photo 12](http://lh.rdcpix.com/240c8708793ffb46e9a78f0987d306cdl-f1555039745r.jpg) ![305 E WATER Street - Photo 13](http://lh.rdcpix.com/240c8708793ffb46e9a78f0987d306cdl-f3520186413r.jpg) ![305 E WATER Street - Photo 14](http://lh.rdcpix.com/240c8708793ffb46e9a78f0987d306cdl-f1993059405r.jpg) ![305 E WATER Street - Photo 15](http://lh.rdcpix.com/240c8708793ffb46e9a78f0987d306cdl-f252362327r.jpg) --- **MLS#:** MDQA2015854 | **Updated:** 2026-10-20 **Source:** listhub *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.* [View on PropertySimple](https://www.propertysimple.ai/listing/305-e-water-street-centreville-md-21617-afb938bdd38d45e28b5ea64c29faee57) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/305-e-water-street-centreville-md-21617-afb938bdd38d45e28b5ea64c29faee57#listing", "url": "https://www.propertysimple.ai/listing/305-e-water-street-centreville-md-21617-afb938bdd38d45e28b5ea64c29faee57", "name": "305 E WATER Street, Centreville, MD 21617", "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. 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