You're right, this does work.
I used to find the address on the map, click on it, and click "search nearby". Now I need to find the address on the map (because I know the place name, not necessarily the address), then manually add words to the search box, eg. "grocery near " + the address.
I often search for places near a specific address, so it seems a step backwards. But at least I can do it - thanks for the response.