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$540,000 Just Listed
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Property Description
Mixed-use investment or Owner-user opportunity offering 3,845 SF commercial building on a 29,620 SF parcel with prime visibility just off Point Lookout Road. Zoned VMX, this versatile property accommodates a wide range of commercial uses and can be demised into three separate retail bays, creating excellent flexibility for owner-users or investors seeking multiple income streams. The property also includes an income-producing rental home located at the rear of the site, providing immediate cash flow. For investors, the current owner is willing to lease back approximately one-third of the commercial building, offering built-in rental income after closing. Alternatively, the property can be delivered for an owner-user seeking to occupy the entire commercial space. For buyers looking to expand an existing operation or step into an established business, the current business may also be included in the sale, if desired.
Full Property Details
Full Property Details for 28420 Point Lookout Rd
General
- Price: $540,000
- Taxes: $4,011 (2025)
- Status: Active
- Type: Office
- Source: BrightMLSMidAtlantic
- MLS ID: MDSM2032182
- Updated: 7/2/2026
- Added to Site: 4 day(s) ago
Business
- Business Type: Flex
Parking
- Total Spaces: 10
- Parking Type: Parking Lot
Location
- County: SAINT MARYS
- Driving Directions: From 301-S: Turn left onto Budds Creek Road (MD-234); Take 3rd Exit off roundabout onto Chaptico (MD-238); Turn right on Point Lookout Rd and drive until you reach the destination on your left.
Heating & Cooling
- Cooling Type: Other
- Cooling Fuel: Electric
- Heating Type: Baseboard - Electric
- Heating Fuel: Oil
- Water Heater: Electric
Utilities
- Sewer: Private Sewer
- Water: Other
Structural Information
- Construction: Frame
- Building Size: 3845
- Year Built: 1915
- Year Built Source: Assessor
Unit Information
- # Tenants: Multiple
Lot Features
- Zoning: VMX
Financial Considerations
- Price Per Sq. Ft.: $140.44
- Assessment Year: 2026
- County Tax: $4,011
- County Tax Freq: Annually
- Tax w/Assessment: $489,533
- Tax Amount: $4,011
- Tax Year: 2025
Disclosures and Reports
- Ownership: Other
Listed by Hyatt Commercial, Courtney D. Phipps
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Schools
Schools serving 28420 Point Lookout Rd
School District:St. Marys County Public Schools
| Name | Grades | Distance |
|---|---|---|
Benjamin Banneker Elementary School 27180 Point Lookout Rd, Loveville, MD 20656 | PK-5 | 2.2 mi |
Leonardtown Middle School 24015 Point Lookout Road, Leonardtown, MD 20650 | 6-8 | 7.1 mi |
Chopticon High School 25390 Colton Point Rd, Morganza, MD 20660 | 9-12 | 1.3 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 28420 Point Lookout Rd
Date
Details
Price
Change
Source
7/02/2026
Listed
$540,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 28420 Point Lookout Rd
Year
Property Taxes
Change
Tax Assessment
Change
2023
$4,099
—
$417,900
4%
2023
$4,099
—
$402,600
4%
2023
$4,099
15%
$387,300
4%
2022
$3,570
75%
$372,000
17%
2019
$2,039
-28%
$317,100
21%
2021
$2,821
25%
$262,200
26%
2020
$2,261
—
$207,300
—
2019
$2,259
1%
$207,300
—
2018
$2,240
-8%
$207,300
-9%
2017
$2,446
1%
$226,600
—
2016
$2,416
5%
$226,600
—
2015
$2,307
-10%
$226,600
-10%
2014
$2,574
—
$252,900
—
Disclaimer: Historical tax 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 28420 Point Lookout Rd
28420 Point Lookout Road, Loveville, MD 20656 (MLS# MDSM2032182) is a Office property. 28420 Point Lookout Road is currently listed for $540,000 and was received on July 02, 2026. Want to learn more about 28420 Point Lookout Road? Do you have questions about finding other Office real estate for sale in Loveville? You can browse all Loveville real estate or contact a Coldwell Banker agent to request more information.

