Assemblage Beall Street

    CUMBERLAND, MD 21502
    • $625,000
    • STATUS: Active
    • ON SITE: 40 days
    • ID#: MDAL133108
    UPDATED: 77 min ago
    $625,000
    • 0
      BEDS
    • 0.66
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Commercial
    Built:
    1910
    County:

    School Ratings & Info

    Description

    Prime, hard corner commercial assemblage directly off I-68, Exit 43-A. This prominent, high traffic (51332 AADT, I-68) assemblage consists of three structures over four parcels for a total land area of .66 AC +/- . This offering presents upside value through redevelopment and is well suited to highway oriented retail uses. In addition to this opportunity, the three structures are in generally good condition and partially occupied with a landlord termination right. The three structures included in this offering are. 1) 305 Beall St: Formerly Appels Bar, this 4,200 SF +/- bar comes equipped with the trade fixtures, chattels and licensing to expedite a re-opening or re-positioning. The liquor license included with this offering is a class D Liquor License (Beer, Wine, Liquor, for consumption on-premises or elsewhere). The second floor of the structure houses a single bedroom apartment. Property sold AS-IS, inclusive of all chattels & fixtures upon the property. 305 Beall St is also offered for sale independent of the assemblage at $375,000. 2) 317 Beall St: Leased to Bontay Business Products and subject to landlord termination right in the event of a sale of the assemblage. This structure is an 8,245 SF +/- warehouse with office space. Property sold AS-IS. 3) 214 S Lee St: 800 SF +/- above grade structure housing a single bedroom apartment, lower level accessible from Lee St facing, unfinished storage space. Property sold AS-IS.

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    ©2019 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. 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: 2019-12-10T09:52:30.697.
    www.therifflegroup.com/homes/100400889

    Assemblage Beall Street CUMBERLAND, MD 21502

    • Price: $625,000
    • Status: Active
    • Updated: 77 min ago
    • ID#: MDAL133108
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.66
    Acres
    1910
    Built
    Neighborhood:
    W Cumberland - Allegany County (Mdal3)
    County:
    Allegany
    Area:
    W Cumberland - Allegany County (Mdal3)
    School District:
    Allegany County Public Schools
    Property Description
    Prime, hard corner commercial assemblage directly off I-68, Exit 43-A. This prominent, high traffic (51332 AADT, I-68) assemblage consists of three structures over four parcels for a total land area of .66 AC +/- . This offering presents upside value through redevelopment and is well suited to highway oriented retail uses. In addition to this opportunity, the three structures are in generally good condition and partially occupied with a landlord termination right. The three structures included in this offering are. 1) 305 Beall St: Formerly Appels Bar, this 4,200 SF +/- bar comes equipped with the trade fixtures, chattels and licensing to expedite a re-opening or re-positioning. The liquor license included with this offering is a class D Liquor License (Beer, Wine, Liquor, for consumption on-premises or elsewhere). The second floor of the structure houses a single bedroom apartment. Property sold AS-IS, inclusive of all chattels & fixtures upon the property. 305 Beall St is also offered for sale independent of the assemblage at $375,000. 2) 317 Beall St: Leased to Bontay Business Products and subject to landlord termination right in the event of a sale of the assemblage. This structure is an 8,245 SF +/- warehouse with office space. Property sold AS-IS. 3) 214 S Lee St: 800 SF +/- above grade structure housing a single bedroom apartment, lower level accessible from Lee St facing, unfinished storage space. Property sold AS-IS.
    Exterior Features

    Construction Materials BrickBlock Garage YN No Parking Types Parking Lot Property Condition As-Is ConditionAverage+ Riparian Rights YN No Roof RubberShingle Water Access YN No Water Oriented YN No Waterfront YN No

    Interior Features

    Building Area Total 13245.00 Cooling Central A/CCeiling Fan(S) Heating Forced Air Heating YN Yes Inclusions All Chattels And Trade Fixtures At 305 Beall St (Appels). Net Square Feet 13245.00

    Property Features

    Accessibility Features None Assessment Year 2019 Association YN No Business Type FlexRestaurant/BarWarehouse Central Air YN Yes Cooling Fuel Electric Cross Street S Lee St Heating Fuel Natural GasElectric Hot Water ElectricNatural Gas Incorporated City Name Cumberland Lease Considered YN No Navigable Water YN N New Construction YN No Number Of Units Total 4 Original MLSNumber 302137482714 Ownership Interest Fee Simple Possession Negotiable Property Sub Type Mixed Use Sale Type Probate Listing Sewer Public Sewer Tax Annual Amount 6684.15 Tax Assessment Amount 355200.0 Utilities Natural Gas AvailableElectric AvailableWater AvailableSewer Available Vacation Rental YN No Water Source Public Zoning B-C Zoning Description Business Commercial

    Listing courtesy of Taylor Properties.


    ©2019 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. 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: 2019-12-10T09:52:30.697.
     
    The Riffle Group of Keller Williams Select Realtors
    1997 Annapolis Exchange Parkway, Suite 500
    Annapolis MD, 21401