729 Virginia Ave, Cumberland, MD 21502
This exceptional commercial property located at 729 Virginia Avenue in Cumberland, Maryland, presents a unique investment opportunity. The 6,264 square foot building sits on a 0.25-acre lot and is currently configured as a fully operational bar and restaurant, complete with all necessary seating and kitchen equipment. This turnkey operation eliminates the need for extensive start-up costs and allows for immediate revenue generation. Recent improvements include a brand new HVAC system, ensuring comfortable year-round operation and reduced energy expenses. The property's prime location offers high visibility and ample parking, enhancing its appeal to customers. The substantial square footage and versatile layout provide significant potential for various commercial uses beyond its current configuration, making it an attractive option for a wide range of entrepreneurs. The asking price for this exceptional property is $500,000. This is a rare chance to acquire an established business with significant upside potential in a desirable location. The property's features and location combine to create a compelling investment opportunity not to be missed. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
R-O · Cumberland, MDCumberland. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.