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$13 Just Listed
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Property Description
Expansive Second Floor Commercial Opportunity - Leonardtown | ±3,500 SF Now available for lease, Suite 201 at 40855 Merchants Lane offers a rare opportunity to occupy the entire second floor of a well-located professional building in Leonardtown. Encompassing approximately 3,500 square feet, this space is delivered as an unfinished shell, providing a true blank canvas for a wide range of uses including professional office, medical, wellness, retail, or service-based businesses. The open layout allows for full customization and the potential to design a single-user layout or subdivide into multiple suites. The second floor is accessible via two stairwells, enhancing functionality and flow. The building is also designed with space allocated for a future elevator, offering long-term accessibility potential. Entry is provided through a charming foyer on the north side of the building, creating a welcoming and professional presence. The property is home to established tenants including physical therapy, pediatrics, and insurance services, providing consistent daily traffic and a strong professional environment. This space is offered with traditional commercial lease structure, with the tenant responsible for NNN expenses. A Tenant Improvement (TI) allowance is negotiable, with buildout considerations to be reflected in lease terms. Conveniently located just minutes from downtown Leonardtown and major commuter routes, this property offers excellent access, visibility, and positioning within one of St. Mary's County's most desirable commercial corridors. Highlights: ±3,500 SF - entire second floor Unfinished shell - fully customizable Ideal for office, medical, wellness, retail, or service use Two stairwell access points Designed for future elevator installation Welcoming foyer entrance on north side Traditional commercial lease (Tenant pays NNN) Tenant Improvement allowance negotiable Established co-tenants generating steady traffic Prime Leonardtown location An outstanding opportunity to design and build out your ideal space in a growing and professionally anchored setting.
Full Property Details
Full Property Details for 40855 Merchants Ln
General
- Price: $13
- Status: Active
- Type: Commercial Lease
- Source: BrightMLSMidAtlantic
- MLS ID: MDSM2030694
- Updated: 4/21/2026
- Added to Site: 4 day(s) ago
Business
- Business Type: Day Care Facility, Hair Salon and Spa, Medical, Profe
Rental Information
- Lease/Rent Term: 36 Months
Parking
- Total Spaces: 20
- Parking Type: Parking Lot
Location
- Municipality: Leonardtown
- County: SAINT MARYS
- Driving Directions: see GPS
- City Limits: Yes
Heating & Cooling
- Cooling Type: None
- Heating Type: Heat Pump(s)
- Heating Fuel: Electric
- Water Heater: None
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Brick Veneer
- Building Size: 10560
- Aprox. Leasable: 3,500 Sq. Ft.
- Current Bldg. Use: Vacant
- Year Built: 2006
- Year Built Source: Assessor
Lot Features
- Lot Size (Acres): 0.97
- Lot Size (Sq. Ft.): 42,082
- Lot Size Source: Assessor
- Zoning: CH
Financial Considerations
- City/TownTax: $1,630
- City/TownTax Freq: Annually
Disclosures and Reports
- Ownership: Other
Listed by CENTURY 21 Commercial New Millennium, James Marcum
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Schools
Schools serving 40855 Merchants Ln
School District:St. Marys County Public Schools
| Name | Grades | Distance |
|---|---|---|
Benjamin Banneker Elementary School 27180 Point Lookout Rd, Loveville, MD 20656 | PK-5 | 1.8 mi |
Leonardtown Middle School 24015 Point Lookout Road, Leonardtown, MD 20650 | 6-8 | 3.5 mi |
Chopticon High School 25390 Colton Point Rd, Morganza, MD 20660 | 9-12 | 4.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 40855 Merchants Ln
Date
Details
Price
Change
Source
4/21/2026
Listed
$13
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 40855 Merchants Ln
40855 Merchants Lane, Leonardtown, MD 20650 (MLS# MDSM2030694) is a Commercial Lease property. 40855 Merchants Lane is currently listed for $13 and was received on April 21, 2026. Want to learn more about 40855 Merchants Lane? Do you have questions about finding other Commercial Lease real estate for sale in Leonardtown? You can browse all Leonardtown real estate or contact a Coldwell Banker agent to request more information.

