About 531 W Main St
Great opportunity for positive cash flow! Two apartment buildings, 531 W. Main St. has 11 units, 2 storefronts, 2 efficiencies, 4 one bedroom, 3 two bedroom apartments. 527 W. Main St. has 12 units, 3 storefronts, 3 one bedroom apartments, 2 two bedroom apartments, 2 three bedroom apartments. Market rent would indicate over $130,000 annual net income. Additional lot for parking for both buildings. This is a package deal, both buildings for $1,000,000.00. See agent for income and expense sheet. Appointment required for showings. Must have 24 hr. or more notice.
Features of 531 W Main St
| MLS® # | MDSO2006062 |
|---|---|
| Price | $1,000,000 |
| Bathrooms | 0.00 |
| Square Footage | 22,162 |
| Acres | 0.50 |
| Year Built | 1920 |
| Type | Commercial Sale |
| Sub-Type | Five Or More Units |
| Status | Active |
Community Information
| Address | 531 W Main St |
|---|---|
| Area | Somerset West of Rt-13 (20-01) |
| City | CRISFIELD |
| County | SOMERSET-MD |
| State | MD |
| Municipality | Crisfield |
| Zip Code | 21817 |
Amenities
| Utilities | Cable TV |
|---|---|
| Parking | Private |
| Is Waterfront | No |
Interior
| Heating | Heat Pump - Electric BackUp, Baseboard - Electric |
|---|---|
| Cooling | Central A/C, Heat Pump(s), Window Unit(s) |
| Has Basement | No |
| Fireplace | No |
Exterior
| Exterior | Brick and Siding |
|---|---|
| Lot Description | Additional Lot(s) |
| Roof | Architectural Shingle, Asphalt, Built-Up |
School Information
| District | SOMERSET COUNTY PUBLIC SCHOOLS |
|---|---|
| Elementary | CARTER G WOODSON |
| Middle | SOMERSET 6-7 |
| High | CRISFIELD ACADEMY AND |
Additional Information
| Date Listed | June 17th, 2025 |
|---|---|
| Days on Market | 117 |
| Zoning | CBD |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Wilson Realty |
|---|---|
| Contact Info | (410) 968-1882 |