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About This Home

This 0-bedroom, 0-bathroom other at 305 E WATER Street in CENTREVILLE, MD is listed for $500,000. Built in 1962, on a 0.47 acres lot.

Agent Description

Prime Business Opportunity on High-Visibility Water Street in Centreville! Well-established commercial property offering exceptional exposure in a sought-after location. The first floor features a large retail, office, and storage space that has successfully housed a communications company for 26 years.

The second floor includes a 2-bedroom, 1-bath apartment-ideal for owner occupancy or rental income. Previously operated as a restaurant, the building offers flexible layout potential and is truly ready for your vision. Situated on nearly a half-acre lot, the property boasts a generous parking area with 15+ 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.

Key Features

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

Property Details

18 spaces
1962

Amenities

A/C

Monthly Cost Estimate

$2,674/mo

20% down · 6.5% · 30 years

Principal$362
Interest$2,167
Insurance$146

Estimates only. Actual payments may vary.

Location

305 E WATER Street

CENTREVILLE, MD 21617

Property Details

Construction

Block

Parking

Parking Lot

Heating

BaseboardHot Water(Heating)

Cooling

Wall Unit(s)Window Unit(s)

Questions & Answers

This 0-bedroom, 0-bathroom other at 305 E WATER Street is listed at $500,000. The estimated monthly payment is $2,167 based on 20% down at 6.5% interest.

Key features include: Built in 1962, 0.47 acre lot, 18 parking spaces.

This property is listed by Maryn J. LeClair and can be reached at 4434802837 or marynleclair@chesapeakerea.com.

ML

Maryn J. LeClair

Agent at Chesapeake Real Estate Associates, LLC

(443) 480-2837

Listed by Chesapeake Real Estate Associates, LLC

MLS# MDQA2015854· Source: listhub· Updated 63 days ago

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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