Property

Princess Anne, MD 21853 12146 Somerset Avenue

Presented By: Rinnier Development Co
  • MLS# MDSO2006618
  • 11/17/2025
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  • SQFT • 2,486

Home Details

Exceptional income-producing and value-add retail/office opportunity located directly adjacent to the heavily trafficked Royal Farms on Somerset Avenue in Princess Anne, MD. This property includes a mix of retail bays suitable for a wide range of neighborhood and service-oriented uses. With strong visibility, consistent traffic, and a prominent location near a major convenience anchor, the site offers solid positioning for future leasing and redevelopment strategies. Beyond the existing income, the property offers a meaningful value-add component with the ability to develop storage units on-site. This additional development option provides a path to increase NOI and enhance long-term asset value through diversified revenue streams. An ideal opportunity for investors, operators, or developers seeking a well-located asset with clear upside potential in the heart of Princess Anne.
Presented By: Rinnier Development Co

Interior Features for 12146 Somerset Avenue

Other Interior Features

Central Air Y/NNo
FlooringConcrete
Heating FuelOther
Heating Y/NYes
Hot WaterOther
Total Stories1

General for 12146 Somerset Avenue

Acceptable FinancingOther, Cash
AccessibilityLevel Entry - Main
Business TypeOther/General Retail
CityPRINCESS ANNE
Construction MaterialsBrick
Cool FuelOther
CoolingOther, Heat Pump(s)
CountySOMERSET
DirectionsLocated next to Royal Farms in Princess Anne, MD
ElectricOther
HeatingOther
Lease Considered Y/NYes
Legal SubdivisionG OLIVER MORRELL
Lot Size Square Feet30492.00
Lot Size UnitsSquare Feet
MLS AreaSomerset East of Rt-13 (20-02)
MunicipalityPrincess Anne
New ConstructionNo
OwnershipFee Simple
PossessionImmediate, Other
Price Per Sq Ft Total AG160.5
Property SubtypeRetail
Property TypeCommercial Sale
RoofMetal
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Tax Annual Amount0.0
Tax Assessed Value0.0
Tax Lot0
Tax Year2025
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1959
Year Built SourceAssessor
ZoningC-2

Exterior for 12146 Somerset Avenue

Building Area Total2486.00
Car Parking Spaces20
Foundation DetailsSlab
Land Assessed Value0.00
Lot Dimensions0.00 x 0.00
Lot FeaturesCleared
Lot Size Acres0.70
Lot Size SourceEstimated
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Total Loading Docks0
Total Parking Spaces21
Type of ParkingParking Lot
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo

Additional Details

Price History

Charles Torres

Owner
Price $399,000
MLS#MDSO2006618
List Date 11/17/2025
Property Type Commercial
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