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$75,000 Just Listed
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Property Description
Unlock the potential of this unique commercial property, currently used as a storage warehouse and previously operating as a restaurant and bar, complete with a dance floor. This versatile space offers a solid foundation for a new vision and is ideal for investors or entrepreneurs looking to create something special. The building features two bathrooms and a kitchen area, providing a strong starting point for food and beverage use. While the interior will require a complete renovation, the layout offers flexibility for a variety of commercial concepts, including a café, coffee shop, breakfast spot, or casual eatery. The seller is in the process of clearing out the building, allowing for a quicker transition to redevelopment. Located near a boat ramp, the property benefits from nearby recreational traffic, making it an appealing option for a business catering to locals and visitors alike. Whether you're looking to restore its former hospitality charm or reimagine the space entirely, this property presents an excellent opportunity to build value in a desirable location. Property is being sold as-is but at this price, it won't last long! Schedule your appointment today!
Full Property Details
Full Property Details for 403 State St
General
- Price: $75,000
- Taxes: $746 (2025)
- Status: Active
- Type: Warehouse
- Source: BrightMLSMidAtlantic
- MLS ID: MDWC2021196
- Updated: 1/12/2026
- Added to Site: 3 day(s) ago
Business
- Business Type: Other/General Retail, Restaurant/Bar, Storage, Wareho
Parking
- Total Spaces: 10
- Parking Type: Driveway
Location
- Area: Wicomico Northwest (23-01)
- Municipality: Sharptown
- County: WICOMICO
- Driving Directions: Route 50 to Route 54 in Mardela Springs. Then take Rt 313 to Sharptown. Make a right on to Main St (Route 348). Make a right onto State St. Property is on the right hand side.
- City Limits: Yes
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Block, Stick Built
- Building Size: 2811
- Year Built: 1910
- Year Built Source: Assessor
Unit Information
- # Tenants: Single
Lot Features
- Lot Size (Acres): 0.25
- Lot Size (Sq. Ft.): 10,807
- Lot Size Source: Assessor
- Zoning: P104
Financial Considerations
- Price Per Sq. Ft.: $26.68
- Assessment Year: 2025
- City/TownTax: $294
- City/TownTax Freq: Annually
- County Tax: $397
- County Tax Freq: Annually
- Tax w/Assessment: $49,033
- Tax Amount: $746
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
Listed by ERA Martin Associates, George Kreiner
Get Pre-Approved Today
Schools
Schools serving 403 State St
School District:Wicomico County Public Schools
| Name | Grades | Distance |
|---|---|---|
Northwestern Elementary School 9975 Sharptown Road, Mardela Springs, MD 21837 | PK-5 | 5.1 mi |
Mardela Middle & High School 24940 Delmar Road, Mardela Springs, MD 21837 | 6-12 | 5.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 403 State St
Date
Details
Price
Change
Source
1/12/2026
Listed
$75,000
53.06%
MLS
3/09/2018
Sold
$49,000
—
Public Record
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 403 State St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$469
—
$49,033
—
2024
$469
-4%
$48,967
—
2023
$488
-2%
$48,900
—
2022
$498
-42%
$48,900
—
2019
$863
1%
$48,900
-41%
2021
$851
97%
$82,500
—
2020
$432
-50%
$82,500
—
2019
$868
-20%
$82,500
-20%
2018
$1,084
-1%
$103,100
—
2017
$1,097
—
$103,100
—
2016
$1,097
-4%
$103,100
-8%
2015
$1,148
—
$112,500
—
2014
$1,148
—
$112,500
—
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 403 State St
403 State Street, Sharptown, MD 21861 (MLS# MDWC2021196) is a Warehouse property. 403 State Street is currently listed for $75,000 and was received on January 12, 2026. Want to learn more about 403 State Street? Do you have questions about finding other Warehouse real estate for sale in Sharptown? You can browse all Sharptown real estate or contact a Coldwell Banker agent to request more information.

