14811 Broadway St Midland, MD 21532
- Commercial real estate
- 4,260 SF
- 0.18 lot acres
Current Use by Public Records
- Devlin's Pub / Bar
Property Details for 14811 Broadway St
- Year built
- 1900
- Lot size
- 0.18 lot acres
- Property size
- 4,260 SF
- Property type
- Commercial real estate
Description
This exceptional investment opportunity encompasses two properties located in Midland, MD, offering a unique blend of residential and commercial income streams. The main property, situated at 14811 N Broadway St, boasts 4,260 square feet and includes three sizable apartments, generating substantial rental income. In addition, a fully operational pub is included, complete with all fixtures, furniture, and a Class D license, ensuring immediate revenue generation. The second property, located at 14835 Main St, comprises four separate rental units, each featuring two bedrooms, one bathroom, a kitchen, and a living room with original hardwood floors. These units also benefit from private off-street parking. Further enhancing the investment potential is the inclusion of an additional parcel of land, representing half of the parking lot directly across the street from the pub. This provides ample parking for both the pub and the residential units. The properties are being sold in "as-is" condition, presenting a unique opportunity for an investor to add value and customize the properties to their specifications. The combined properties sit on a 0.18-acre lot. The asking price for this lucrative package is $199,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Midland
- County
- Allegany
- State
- Maryland
- Longitude
- -78.9499
- Latitude
- 39.5908
