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    172 E Main St Westminster, MD 21157

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    For Sale
    $750,000

    Mixed-use property featuring commercial space and five residential units.

    Lot size:
    0.06 Acres

    Property Features for 172 E Main St

    General Information

    Lot size
    0.06 Acres

    Building Details

    Year built
    1890

    Source: RE/MAX Realty Centre, Inc. Agent J. Larry Galey

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Property with Rental Income

    This mixed-use property presents an investment opportunity with a commercial/retail space on the main level, currently occupied by a cafe/bakery. Above the retail space are three levels of residential rental units. The basement apartment features one bedroom and one bathroom. The second floor contains two units, each with one bedroom and one bathroom. The third floor also has two units, each with one bedroom and one bathroom, for a total of five rental apartments. Each of the apartment units on floors two and three, as well as the cafe, have high-efficiency central air conditioning with natural gas backup for heat and are on separate meters. The cafe also has Mitsubishi-style split units for additional air conditioning. The basement apartment has a Mitsubishi split system for heating and air conditioning and is on the public electric meter. The property retains character and charm throughout.
    Insight Report Location Intelligence

    Current Use by Public Records

    Rare Opportunity Bakehouse Bakery

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Building Supply Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Westminster
    County
    Carroll
    State
    Maryland
    Longitude
    -76.9918956
    Latitude
    39.5703543

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property featuring commercial space and five residential units.
    Where is this mixed-use property located?
    The property is located at 172 E Main St Westminster, MD.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: - Commercial/retail space on the main level, currently operating as a cafe/bakery.; - Features five rental apartments (basement, two on the 2nd floor, two on the 3rd floor).; - Each apartment unit (2A, 2B, 3A, 3B) and the cafe have separate meters.
    (301) 774-5900
    Request Owner's contact information
    172 E Main St Westminster, MD 21157
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    172 E Main St
    Westminster, MD 21157
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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
    172 E Main St Westminster, MD 21157
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