About 305 E Water St
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.
Features of 305 E Water St
| MLS® # | MDQA2015854 |
|---|---|
| Price | $500,000 |
| Bathrooms | 0.00 |
| Square Footage | 3,300 |
| Acres | 0.47 |
| Year Built | 1962 |
| Type | Commercial Sale |
| Sub-Type | Mixed Use |
| Status | Active |
Community Information
| Address | 305 E Water St |
|---|---|
| City | CENTREVILLE |
| County | QUEEN ANNES-MD |
| State | MD |
| Municipality | Centreville |
| Zip Code | 21617 |
Amenities
| Is Waterfront | No |
|---|
Interior
| Heating | Baseboard - Hot Water |
|---|---|
| Cooling | Wall Unit, Window Unit(s) |
| # of Stories | 2 |
Exterior
| Exterior | Block |
|---|---|
| Roof | Architectural Shingle |
| Construction | Block |
| Foundation | Slab |
Additional Information
| Date Listed | February 6th, 2026 |
|---|---|
| Days on Market | 35 |
| Zoning | C3 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Chesapeake Real Estate Associates, LLC |
|---|