74 Main StFrostburg, MD 21532

  • Industrial properties
  • 3,960 SF
For Sale
$150,000 View listing

Property Details for 74 Main St

Year built
1900
Construction
BRICK
Lot size
0.13 AC
Property size (Sq ft)
3,960 SF
Zone code
C3
Property type
Industrial properties
Property subtype
Other warehouses
APN
11-005314
APU
11005314

Description

This exceptional mixed-use property, located at 74 Main Street East in Frostburg, Maryland, presents a unique investment opportunity. Spanning 8,580 square feet on a 0.13-acre lot, this building offers a versatile layout ideal for a variety of commercial and residential uses. The ground floor, previously occupied by a liquor store, features a prominent display window facing Main Street, ensuring high visibility and foot traffic. The second floor comprises a sizable apartment, providing immediate rental income potential or comfortable owner-occupied living space. The expansive third floor is a blank canvas, ready for creative adaptation to suit your specific needs. Whether you envision expanding an existing business, establishing a new venture, or creating additional residential units, the possibilities are virtually limitless. The property's prime location on East Main Street in Frostburg offers excellent accessibility and exposure within a thriving community. The recent price reduction makes this an even more compelling investment opportunity. This property is being offered at $150,000 and presents a rare chance to acquire a substantial mixed-use building in a desirable location with significant upside potential. Don't miss this chance to own a piece of Frostburg's vibrant commercial landscape.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,078,824
    Hospitality
    $988,197
    Educational
    $822,168
    Medical
    $850,444
    Retail
    $1,278,928
74 Main St, Frostburg, Maryland
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Location Insight

City
Frostburg
County
Allegany
State
Maryland
Latitude
39.6566
Longitude
-78.9263
CBSA code
19060
CBSA name
CUMBERLAND, MD-WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,085
-
-
$107,367
-
$22,400
$103,300
$125,700

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