For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $195,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 33,688 sqft
Price per Sqft $5
MLS Listing ID MDAL2003168
Sold Date 09/16/22
Originating Board BRIGHT
Year Built 1900
Annual Tax Amount $2,529
Tax Year 2022
Lot Size 0.282 Acres
Acres 0.28
Property Description
What an opportunity!!! --A large commercial building with over 25,000 sqft of commercial space in a prominent location in the heart of downtown Frostburg. Building currently houses El Canelo Restaurant, TNT Dakota Saloon, and New Directions. The current owner is willing to sell the liquor license and inventory for TNT Dakota Saloon, or he will continue to lease that space himself -- whatever the buyer prefers. The floors above the commercial space are ready for an investor to renovate into as many as 15 + apartments. The return on investment here could be tremendous.
Location
State MD
County Allegany
Area Frostburg - Allegany County (Mdal8)
Zoning C3
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C, Window Unit(s)
Heat Source Natural Gas
Exterior
Garage Spaces 10.0
Waterfront N
Water Access N
Accessibility 32\"+ wide Doors, 36\"+ wide Halls
Parking Type On Street, Parking Lot, Other
Total Parking Spaces 10
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Allegany County Public Schools
Others
Tax ID 0128003153
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Janet M Stevens • Coldwell Banker Premier
GET MORE INFORMATION