Investor Alert! A great chance to own two-3-unit homes in downtown Trappe. Acreage, square footage, city taxes, town taxes all reference both units combined. All units currently tenant occupied â subject to month to month leases. One unit has heat pump, some units have LVP . Rent includes water & Sewer. Tenant responsible for electric and gas. Listing includes two parcels - 3938 & 3944 School Street Map 300, Parcel 173)
OWNER WILLING TO SUBDIVIDE PROPERTY INTO SMALLER PARCELS FOR QUALIFIED BUYERS. Many potential uses such including restaurants, retail, commercial and more. This 7.6-acre premier location with 932 linear feet of Route 50 frontage includes two entrances, zoned CR commercial. Located next the New Community of Lakeside at Trappe, where 2,500 homes being built. This property has a variety of opportunities and end use possibilities. Commercial CR includes R1, R2 and C1 permitted uses. Approximately 30,000 cars travel by the site daily. Excellent visibility and access from Route 50 both directions and beach traffic. The current use is a gas station and 1,481 sf convenience store. The gas station includes eight new pumps and one high flow diesel and one offroad diesel. Potential Talbot County Class A Beer/Wine License.
Great investment opportunity. One of only two light industrial zoned parcels in the Town of Trappe. 3.3 +/- acres conveniently located 1000 ft off of US RT 50 and less than half a mile from the sprawling Lakeside development. This property includes four multi use buildings totaling nearly 20,000 sq ft and consisting of 14 rental units that are currently leased. Option to build another 3200 sq ft unit is available. Located in town limits with private septic and well service. Commercial properties of this magnitude are rare in the county and don't come available very often.
Well situated 10.5 commercial acres on Ocean Gateway just north of The Choptank River Bridge. Waiting for Maryland and Talbot County approval and funding of private sewage treatment plant. Waterfront location
The median home value in Trappe, MD is $424,495. This is higher than the county median home value of $397,400. The national median home value is $338,100. The average price of homes sold in Trappe, MD is $424,495. Approximately 64.32% of Trappe homes are owned, compared to 28.43% rented, while 7.26% are vacant. Trappe real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Trappe real estate agent to arrange a tour today!
Trappe, Maryland has a population of 1,098. Trappe is less family-centric than the surrounding county with 20.56% of the households containing married families with children. The county average for households married with children is 22.67%.
The median household income in Trappe, Maryland is $66,181. The median household income for the surrounding county is $79,349 compared to the national median of $69,021. The median age of people living in Trappe is 44 years.
The average high temperature in July is 89.2 degrees, with an average low temperature in January of 28.2 degrees. The average rainfall is approximately 45.5 inches per year, with 11.3 inches of snow per year.