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    149 Main St Grantsville, MD 21536

    Sponsored
    For Sale
    $348,800

    High-traffic location, positive cash flow, multiple income streams.

    Property size:
    6,750 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional mixed-use property at 149 Main Street, Grantsville, MD, presents a unique investment opportunity in a thriving town center location. The 6,750 square foot building sits on a 0.27-acre lot directly on the Historic National Pike, within a block of Dollar General, ensuring high visibility and foot traffic. The main level, totaling 2,250 square feet, boasts a convenient drive-through window and ample paved parking. Previously rented for $2,000 per month, this space is ideal for a variety of businesses, especially benefiting from special tax exemptions available within the Arts and Entertainment District. Upstairs, two well-maintained residential units generate consistent rental income: a two-bedroom unit and a three-bedroom unit, each currently leased for $700 per month. A chair lift adds accessibility to the upper level. The property also includes a full, unfinished 2,250 square foot basement, offering significant expansion potential. Recent improvements have been made, simplifying maintenance. The property also offers the possibility of expanding parking. Financing options may include SBA loans, FHA mortgages for owner-occupants, or DSCR loans based on rental income. This property offers a compelling blend of commercial and residential income streams, making it an attractive investment prospect.

    Property Features for 149 Main St

    General Information

    Property type
    Mixed-use properties
    Square Feet
    6,750 SF
    Lot Size
    11,761 SF

    Building Details

    Year Built
    1987
    Property Profile Location Intelligence

    Current Use by Public Records

    Gerald Beachy Pharmacy

    Suggested Use

    Restaurant Law Firm Building Supply Dental Office Wholesale Shop Auto Repair Shop Clothing Store Gym & Fitness Pharmacy Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Grantsville
    County
    Garrett
    State
    Maryland
    Longitude
    -79.1557
    Latitude
    39.69691

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    FAQs

    What type of property is this?
    Mixed-use property - High-traffic location, positive cash flow, multiple income streams.
    Where is this mixed-use property located?
    The property is located at 149 Main St Grantsville, MD.
    What is the asking price?
    The asking price for this property is $348,800.
    (301) 745-4450
    Request Owner's contact information
    149 Main St Grantsville, MD 21536
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    149 Main St Grantsville, MD 21536
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