149 Main St Grantsville, MD 21536
- Mixed-use properties
- 6,750 SF
- 0.27 lot acres
Current Use by Public Records
- Gerald Beachy / Pharmacy
Property Details for 149 Main St
- Year built
- 1987
- Lot size
- 0.27 lot acres
- Property size
- 6,750 SF
- Property type
- Mixed-use properties
Description
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.
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
- Grantsville
- County
- Garrett
- State
- Maryland
- Longitude
- -79.1557
- Latitude
- 39.69691
