5 Hanekamp St Lonaconing, MD 21539
- Specialty properties
- 2,700 SF
- 0.40 lot acres
Current Use by Public Records
- Specialty properties
Property Details for 5 Hanekamp St
- Year built
- 1930
- Construction
- BRICK
- Lot size
- 0.40 lot acres
- Property size
- 2,700 SF
- Property type
- Specialty properties
- APN
- 10-014042
- APU
- 10014042
Description
This exceptional 5,400 square foot mixed-use building situated on a 0.4-acre lot at 5 Hanekamp Street in Lonaconing, MD, presents a remarkable investment opportunity. Previously utilized as a VFW post and later as an organizational lodge, this property boasts a versatile layout ideal for a multitude of commercial and/or residential ventures. The main level features a substantial bar room (20x48 feet) equipped with a pool table, a fully functional kitchen, a dedicated office, and two restrooms. A large banquet room (38x29 feet) provides ample space for gatherings or events. The lower level offers significant unfinished space, previously housing a commercial kitchen, along with two additional restrooms and a large open area, ripe for customization. Ample parking is available on-site. The property's zoning allows for diverse uses, including but not limited to daycare centers, storage facilities, apartments, residential conversions, restaurants, bars, retail spaces, medical offices, general office space, and religious facilities. The asking price is $140,000. This property's size, location, and adaptability make it an attractive proposition for discerning investors seeking a high-return venture in a thriving community. The potential for significant return on investment is undeniable.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $255,000
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Location Insight
- Map
- Local Demand
- City
- Lonaconing
- County
- Allegany
- State
- Maryland
- Longitude
- -78.9796
- Latitude
- 39.563
- CBSA code
- 19060
- CBSA name
- CUMBERLAND, MD-WV METROPOLITAN STATISTICAL AREA
