501 MARKET ST, Pocomoke City, MD 21851
501 MARKET ST, Pocomoke City, MD 21851
501 MARKET ST, Pocomoke City, MD 21851
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Steven Pagan

Steven Pagan

+1(609) 631-5668
Listed by Mike Dunn • Keller Williams Realty Delmarva
$279,900
Est. payment /mo
0.4 Acres Lot
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UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID MDWO2035234

Year Built 1925

Annual Tax Amount $2,908

Tax Year 2025

Lot Size 0.395 Acres

Acres 0.4

Lot Dimensions 0.00 x 0.00

Property Sub-Type Mixed Use

Source BRIGHT

Property Description

Versatile B-1 commercial property offering a unique mixed-use opportunity. The front building features a house-style layout ideal for office, professional services, or live/work use. A separate rear building includes what look to have been at one time, seven or eight apartments (seven - one bed/ one bath and one - two bed/ one bath), providing additional income potential. Property needs updates and improvements, but offers excellent upside for investors, owner-users, or developers seeking a value-add opportunity. Flexible layout, multiple units, and strong potential to reposition and customize for a variety of uses. Great opportunity to build equity and maximize long-term returns. Keep in mind The current zoning does not look to allow for residential apartments, but per the seller, there may be an avenue for an Airbnb or something of that sort in the existing zoning, and there may be possibilities to apply for zoning variances or changes once the buyer purchases the property, but the seller nor its agent makes any guarantees or representations, as to what uses are currently allowed and would refer all buyers to the city of pocomoke to verify any allowed uses as well as the current zoning, etc.

Location

State MD

County Worcester

Area Worcester West Of Rt-113

Zoning B-1

Interior

Hot Water Electric

Heating Other

Cooling None

Heat Source Electric

Exterior

Water Access N

Accessibility None

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Worcester County Public Schools

Others

Tax ID 2401023233

Ownership Fee Simple

Special Listing Condition Standard

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Bright MLS (BMLS)

Nearby Locations

Steven Pagan

Our passion for real estate and love for New Jersey are a perfect match. We have made it our mission to help local residents sell their homes quickly and at the best possible prices, and  homebuyers in finding their perfect piece of paradise in New Jersey. 

+1(609) 631-5668

steven.pagan@thepagangroup.com

90 Tanner St, Haddonfield, NJ 08033-2419, USA

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