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    OFF-MARKET
    Warehouses

    74 Main St, Frostburg, MD 21532-1338

    3,960 SF 0.13 ac lot Built 1900
    Individually Owned 5-yr Hold Free & Clear
    Property ID
    US40-0796652
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 1900
    Construction BRICK
    Total area 3,960 SF
    Lot 0.13 ac (5,610 SF)
    Zoning code C3
    APN 11-005314
    UPID US40-0796652
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    by Request
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    Blend (final) Blend
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    Owner & transaction history
    Troy J Mckenzie · 5 yrs held
    Troy J Mckenzie
    since 2021
    1 recorded transaction
    2021
    Zoning & alternative use
    C3 · Frostburg, MD
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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