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1700 Old Eastern Ave 3 Properties Offered at $899,999 in Essex, MD

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EXECUTIVE SUMMARY

PROPERTY HIGHLIGHTS
Rare mixed-use property with exceptional
income-producing potential
Zoned for light industrial use
Three separate residential buildings +
freestanding retail space
Two single-family homes, each divided into 2
units (total of 4 units)
Retail building at the front is currently operating
as a liquor store
Rear portion of retail building configured as a 12-
room hostel (6 rooms occupied) with 2.5 baths
Ample open parking for residents, guests, and
customers

PROPERTY FACTS

Price $899,999
Price / SF $78.00 / SF
Cap Rate 3.70%
Sale Type Investment
Status Active
Number of Properties 3
Individually For Sale 0
Total Building Size 11,538 SF
Total Land Area 0.64 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
1700A Old Eastern Ave, Essex, MD 21221 Multifamily 5,328 SF - -
1700R Old Eastern Ave, Essex, MD 21221 Multifamily 2,336 SF - -
1700 Old Eastern Ave, Essex, MD 21221 Retail 3,874 SF 1991 -
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  • Listing ID: 37882615

  • Date on Market: 9/30/2025

  • Last Updated:

  • Address: 1700 Old Eastern Ave, Essex, MD

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