GUIDED TOUR MONDAY OCTOBER 26, 2026 BEGINNING PROMPTLY AT 12:00 PM List Price is Opening Bid at Online Auction. Online Auction Only! Bidding begins Friday, November 13, & ends Wednesday, November 18, 2026 @ 1:30 PM.. INVESTMENT OPPORTUNITY RED ROOF PLAZA – PRINCESS ANNE, MD Presenting 12146 Somerset Avenue, known as Red Roof Plaza, a commercial strip center offering an excellent investment opportunity in Princess Anne, Maryland. Positioned along heavily traveled Somerset Avenue, this property benefits from premier road frontage and valuable exposure to passing traffic. The plaza is situated adjacent to established commercial destinations, including Royal Farms, providing a strategic location within an active commercial corridor. The property features five commercial units, with three currently leased, offering an established income stream and the opportunity to further enhance rental revenue through the lease-up of the remaining two units. Whether you are an investor seeking an income-producing commercial asset or looking to capitalize on the potential for increased occupancy, Red Roof Plaza presents an opportunity to acquire a commercial property with visibility, location, and additional upside. Explore the possibilities at Red Roof Plaza and capitalize on its prominent Somerset Avenue location and future income potential. Property is Configured as: Unit A -Rented -Flex Space (Live/Work) Rental Information: Scheduled Monthly Rent: $300/mo Scheduled Annual Rent: $3,600/yr Lease Start Date: April 15, 2026 Lease Term: Ends April 30, 2027 Tenant pays all utilities. (individual meter) Unit B Vacant Commercial Space Master Meter Unit C Rental Information: Scheduled Monthly Rent: $950/mo Scheduled Annual Rent: $11,400/yr Lease Start Date: January 1, 2026 Lease Term: Ends December 31, 2026 Tenant and Landlord Split Utilities. (per lease) Master Meter Unit D Vacant Commercial Space Master Meter Unit E Rental Information: Scheduled Monthly Rent: $656±/mo Lease Start Date: July 1, 2022 Lease Term: 5 Years (Ends July 1, 2027) Buyer to conduct all due diligence regarding zoning, permitted uses, build-ability, utilities, access, setbacks, environmental conditions, subdivision potential, and all applicable Somerset County requirements. Buyer is responsible for independently verifying all information and determining the property’s suitability for their intended use. The information contained herein was obtained from sources deemed to be reliable, but is offered for informational purposes only. Neither the auctioneer, co-listing broker or the owner make any representations or warranties with respect to the accuracy of information.
OPPORTUNITY ZONE - 3.43 Acres Industrial lot for sale in the Princess Anne Industrial Park. Fully equipped with water, sewer, utilities and access roads. Fiber optic lines at the entrance to the park. The site is level, cleared and ready for immediate construction (subject to permits). The Industrial Park is accommodating to a wide range of light manufacturing, warehouse, service and office users. The Town of Princess Anne is committed to maintaining an attractive industrial park for all present and future businesses, and customers. All construction plans and timetables are subject to approval by the Princess Anne Town Commissioners. Located in the Princess Anne Industrial Park with Industrial Park Zoning. Located in a State of Maryland Enterprise Zone for new construction tax abatements and a HUB Zone which promotes job growth, capital investment and economic development to historically underutilized business zones. Princess Anne, Somerset County, is accessible to the east cost markets with north/south and east/west access by major US highways. This property qualifies for the OneMD tax credit, Job Creation Tax Credit and Enterprise Zone tax credit. If a buyer intends to hire 10 to 50 full time workers over a two- year period, they can receive up to $5Million in income tax credits with just the OneMD.
Introducing an exceptional investment opportunity in the heart of Princess Anne, MD. This expansive 14,182 SF building, constructed in 1950, boasts 17 units, comprising 10 residential and 7 commercial spaces, an excellent opportunity for a multifamily investor. Situated just a quarter of a mile from the University of Maryland Campus, this property offers an ideal location for potential tenants. With a layout designed to maximize rental income, this property presents an attractive prospect with great potential for yield and growth. Don't miss the chance to invest in this prime asset in a thriving area with promising returns.
This conveniently located 1+ acre commercial site neighbors the Princess Anne University Village shopping center, Ceasar's Pizza Palace , Lower Shore Immediate Care along with other active office and business uses. Contact the listing agent for details as to allowed commercial uses and potential further expansion/acreage that is currently available. Please contact L.A. for any questions; do not disturb current employees at active automotive service facility.
Princess Anne is located in Maryland. Princess Anne, Maryland has a population of 3,415. Princess Anne is more family-centric than the surrounding county with 34.3% of the households containing married families with children. The county average for households married with children is 27.96%.
The median household income in Princess Anne, Maryland is $37,386. The median household income for the surrounding county is $48,661 compared to the national median of $69,021. The median age of people living in Princess Anne is 25.8 years.
The average high temperature in July is 88 degrees, with an average low temperature in January of 27 degrees. The average rainfall is approximately 45.4 inches per year, with 7.8 inches of snow per year.
