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    729 Virginia Ave Cumberland, MD 21502

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    729 Virginia Ave Cumberland, MD 21502


    • Turn key restaurants
    • 6,264 SF
    • 0.25 lot acres
    Off-Market
    Property ID
    US40-2238523
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    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.


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    Location Insight

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    • 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

    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
    $1,201
    $27,000
    $102,100
    $129,100
    -
    $27,000
    $102,100
    $129,100
    More about this property
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