Property profile

5 Hanekamp St Lonaconing, MD 21539

OFF-MARKET
Specialty properties
Property ID
US40-1719256
2,700 SF 0.4 ac lot Built 1930
Individually Owned 16-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 5,400 square foot mixed-use building situated on a 0.4-acre lot at 5 Hanekamp Street in Lonaconing, MD, presents a remarkable investment opportunity. Previously utilized as a VFW post and later as an organizational lodge, this property boasts a versatile layout ideal for a multitude of commercial and/or residential ventures. The main level features a substantial bar room (20x48 feet) equipped with a pool table, a fully functional kitchen, a dedicated office, and two restrooms. A large banquet room (38x29 feet) provides ample space for gatherings or events. The lower level offers significant unfinished space, previously housing a commercial kitchen, along with two additional restrooms and a large open area, ripe for customization. Ample parking is available on-site. The property's zoning allows for diverse uses, including but not limited to daycare centers, storage facilities, apartments, residential conversions, restaurants, bars, retail spaces, medical offices, general office space, and religious facilities. The asking price is $140,000. This property's size, location, and adaptability make it an attractive proposition for discerning investors seeking a high-return venture in a thriving community. The potential for significant return on investment is undeniable.

Property profile

Verified
Property type Specialty properties
Use group CHARITABLE ORGANIZATION
Year built 1930
Construction BRICK
Total area 2,700 SF
Lot 0.4 ac (17,609 SF)
APN 10-014042
UPID US40-1719256

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5 Hanekamp St Lonaconing, MD 21539-1317
Lonaconing metro Census 2100 CUMBERLAND, MD-WV METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$255k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$255k

Owner & transaction history

since 2010
1 recorded transaction
2010
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 5 Hanekamp St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message