Mixed-Use Land for Sale in Essex, Maryland

1700 Old Eastern Avenue presents a rare opportunity to own a versatile mixed-use property with exceptional income-producing potential. Zoned for light industrial use, this unique parcel features three separate residential buildings alongside a freestanding retail space, creating multiple revenue streams in one convenient location. The property includes: Two single-family homes, each thoughtfully divided into two separate units. A freestanding retail building, currently operating as a liquor store, is positioned at the front of the lot for maximum visibility. The rear of this building is configured as a hostel with 12 rooms and 2 full baths-6 rooms currently occupied. With ample open parking to accommodate residents, guests, and customers, this property is well-suited for long-term investment and continued growth. Whether you're looking to expand your portfolio or secure a high-performing asset, this property offers endless possibilities and consistent income potential.