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$380,000
$439,000
13.4%For more information regarding the value of a property, please contact us for a free consultation.
65-69 BALTIMORE ST Cumberland, MD 21502
13,418 SqFt
Key Details
Sold Price $380,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 13,418 sqft
Price per Sqft $28
Subdivision None Available
MLS Listing ID MDAL136428
Sold Date 08/04/22
HOA Y/N N
Originating Board BRIGHT
Year Built 1900
Annual Tax Amount $9,146
Tax Year 2022
Lot Size 5,789 Sqft
Acres 0.13
Property Description
$439,900 REDUCED !!!OPPORTUNITY ZONE!!! Beautiful Restaurant (now closed) that demonstrated peak sales of more than $2,000/day Avg for 90 days a few years ago. List price includes everything but food/beverages/other supplies, fully furnished and equipped! Great potential upstairs with 3 apartments in place that will be legal to rent after minor kitchen upgrades and Sprinklers. Room for 6 more apartments (+/-) in additional empty gutted space in second & 3rd floors. HISTORIC TAX CREDITS AVAILABLE for upstairs development costs along with other local incentives for upper story development in Downtown Cumberland. Fine Dining 50 Seats Bar area 36 Seats Outdoor Dining 36 Seats = 122 Capacity in/out
Location
State MD
County Allegany
Area N Cumberland - Allegany County (Mdal1)
Zoning CBD
Interior
Hot Water Natural Gas, Electric, Other
Heating Baseboard - Hot Water, Central, Heat Pump - Electric BackUp, Heat Pump(s), Forced Air, Other
Cooling Central A/C
Flooring Ceramic Tile, Carpet, Hardwood, Other
Equipment Negotiable
Heat Source Electric, Natural Gas
Exterior
Utilities Available Cable TV, Electric Available, Natural Gas Available, Phone Available, Sewer Available, Water Available, Other
Waterfront N
Water Access N
Roof Type Rubber
Accessibility None
Parking Type Off Site, On Street, Parking Lot, Private Garage, Public Garage, Other
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
Elementary Schools West Side
Middle Schools Braddock
High Schools Allegany
School District Allegany County Public Schools
Others
Tax ID 0104041356
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional, Exchange, Lease Purchase, Negotiable, Other
Listing Terms Cash, Conventional, Exchange, Lease Purchase, Negotiable, Other
Financing Cash,Conventional,Exchange,Lease Purchase,Negotiable,Other
Special Listing Condition Standard
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Bought with Timothy A Brinkman • The American Real Estate Co.