729 Virginia Ave Cumberland, MD 21502
- Turn key restaurants
- 6,264 SF
- 0.25 lot acres
Current Use by Public Records
- Turn key restaurants
Property Details for 729 Virginia Ave
- Year built
- 1910
- Construction
- BRICK
- Lot size
- 0.25 lot acres
- Property size
- 6,264 SF
- Zone code
- R-O
- Property type
- Turn key restaurants
- APN
- 04-033620
- APU
- 4033620
Description
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.
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
- Cumberland
- County
- Allegany
- State
- Maryland
- Longitude
- -78.766
- Latitude
- 39.6316
- CBSA code
- 19060
- CBSA name
- CUMBERLAND, MD-WV METROPOLITAN STATISTICAL AREA