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    65-69 Baltimore Street

    CUMBERLAND, MD 21502
    • $499,000
    • STATUS: Active
    • ON SITE: 191 days
    • ID#: MDAL136428
    UPDATED: 24 min ago
    $499,000
    • 0
      BEDS
    • 0.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1900
    County:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    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

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    ©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Schiff Home Team | eXp Realty LLC. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-09-25T16:51:34.69.
    www.baltimorehousehunters.com/homes/115187046
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    65-69 Baltimore Street CUMBERLAND, MD 21502

    • Price: $499,000
    • Status: Active
    • Updated: 24 min ago
    • ID#: MDAL136428
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.13
    Acres
    1900
    Built
    Neighborhood:
    Downtown Cumberland
    County:
    Allegany
    Area:
    N Cumberland - Allegany County (Mdal1)
    Elementary School:
    West Side
    Middle School:
    Braddock
    High School:
    Allegany
    School District:
    Allegany County Public Schools
    Property Description
    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
    Exterior Features

    Construction Materials BrickBrick FrontOther Garage YN No Other Equipment Negotiable Parking Features SurfaceLighted ParkingPrivate Parking Types Off SiteOn StreetParking LotPrivate GaragePublic GarageOther Property Condition Good Riparian Rights YN No Roof Rubber Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

    Interior Features

    Building Area Total 13418.00 Cooling Central A/C Exclusions Personal Property And Furnishings Located Outside The Bar/Restaurant Area. Flooring Ceramic TileCarpetHardwoodOther Heating Baseboard - Hot WaterCentralHeat Pump - Electric BackupHeat Pump(S)Forced AirOther Heating YN Yes Inclusions All Furniture Fixtures And Equipment For Full Service Restaurant/Bar With Up To 80 Seats insideplus Up To 30 Seats Outside in Season. Liquor License Available. Net Square Feet 13000.00

    Property Features

    Acceptable Financing CashConventionalExchangeLease PurchaseNegotiableOther Accessibility Features None Assessment Year 2021 Association YN No Business Type Restaurant/Bar Central Air YN Yes Cooling Fuel Electric Cross Street Liberty Electric 200+ Amp Service Elevators 0 Entry Level 1 Heating Fuel ElectricNatural Gas Historic YN Yes Hot Water Natural GasElectricOther Internet Services DslCableBroadbandFiber OpticOther Lease Considered YN Yes Municipality Cumberland Navigable Water YN N New Construction YN No Number Of Units Total 3 Original MLSNumber 304516733301 Ownership Interest Fee Simple Possession NegotiableSettlement Property Sub Type Mixed Use Sale Type Standard Sewer Public Sewer Tax Annual Amount 4785.00 Tax Assessment Amount 456633.00 Utilities Cable TvElectric AvailableNatural Gas AvailablePhone AvailableSewer AvailableWater AvailableOther Vacation Rental YN No Water Source Public Year Built Effective 2010 Zoning Cbd Zoning Description Downtown Central Business DistrictNo On Site Parking Required. Historic Dist "Canal Place" Incentives Available Fed Md City

    Listing courtesy of Long & Foster Real Estate, Inc..


    ©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Schiff Home Team | eXp Realty LLC. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-09-25T16:51:34.69.
     
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    The Schiff Home Team | eXp Realty LLC
    9505 Reisterstown Rd Ste 1S
    Owings Mills MD, 21117