149 Main St, Grantsville, MD 21536 | For Sale

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For Sale $348,800

$348,800
  • (0)
  • 3 Units
  • Unknown Sq Ft
  • 11,761 Sq Ft
  • Unknown Cap Rate

Description

Are you looking for a Town Center zoned business space in a high traffic location (within a block of Dollar General) and/or an investment property with positive cash flow? Be part of this quaint and bustling town and be located right on the Historic National Pike. Use or rent the 2,250 square foot accessible main level with lots of paved parking, with the unique opportunity of a preinstalled drive through window. Have special tax exemptions for certain businesses in this Arts and Entertainment District. Add the cash flow of 2 currently rented, high demand, well maintained residential units on the second floor that even has an installed chair lift. Include the benefits of the full unfinished basement providing another 2,250 square feet of space. Enjoy easy maintenance as many recent improvements have been made (list available). Even take advantage of plenty of room for parking expansion, if you prefer. Main level was previously rented at $2,000/month. The two upper units, 1) 2 bedroom and 1) 3 bedroom are each under lease for $700/month. Feel comfortable reaching out about possible Low Down Payment options through SBA loan options, FHA Mortgages for owner occupants, or no income verification (DSCR) loans based solely on rental return.

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


The income description goes here to explain

Expenses

Property Details

List Price $348,800
Property Type Flex Space
Usable Sqft Unknown
Number of Stories 2 stories
Parking Spots 0 spots
Year Built 1987
Last Sold Unknown
Sold Price Unknown
APN # 1203002241
MLS # MDGA2008616
Property ID 319964606
Lot Sqft 11,761
Zoning TOWN CENTER
Total Units 3
Days on Market 52
Original List Price Unknown
Date Updated December 17, 2024
Date Created December 12, 2024
Unit # Beds Baths Current Rent Proforma Rent
Unit #1 $40,800 $0
Operating Expenses $ 9,000
Cap Rate 8.00%

Listing Provided By

Lana K Roby an agent of . Lic #79208


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Data last updated: February 02, 2025.
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