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    Frostburg, MD Midland, MD Barton, MD Westernport, MD Eckhart Mines, MD Rawlings, MD Cresaptown, MD Cumberland, MD
    Multi-Use Restaurant and Apartment
    Updated: Apr 11
    Multi-Use Restaurant and Apartment

    3 W Main St, Lonaconing, MD 21539

    Contact for pricing
    Main level previously used as a bar/restaurant with tile floors, 2 restrooms, and a large deck
    Lower level used as overflow dining
    Upper level configured as a 2–3 bedroom apartment
    Fire damage sustained in April 2019; property sold as‑is
    Class D (beer & light wines) license available for purchase with the building for an additional fee (to qualified, approved individuals)
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Lonaconing, MD, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Turn-Key Restaurant in Stone Building
    Turn-Key Restaurant in Stone Building

    60 W MAIN STREET, Frostburg, MD 21532

    $285,000
    1,230 sqft

    Turn-key restaurant business housed in a charming stone building in Frostburg’s Historic Downtown District.

    View details
    Mixed-Use Multi-Unit Property
    Mixed-Use Multi-Unit Property

    14811 BROADWAY, Midland, MD 21532

    $100,000
    2,720 sqft 0.18 AC lot

    For-sale mixed-use property with three residential units and potential bar/tavern use, sold strictly as-is.

    View details
    Mixed-Use Bar and Residential Property
    Mixed-Use Bar and Residential Property

    14811 BROADWAY, Midland, MD 21532

    $100,000

    Mixed-use property with three residential units and potential bar/tavern use, with outdoor pavilion/side yard space.

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    Resort Lodge with Cabins and Yurts
    Resort Lodge with Cabins and Yurts

    1600 Mt Aetna Rd, Frostburg, MD 21532

    Contact for pricing

    Resort property on 43 private acres with 18 cabins, 8 yurts, and a lodge with dining and spa facilities.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Land Development Site
    Commercial Land Development Site

    0 NORTHWESTERN Pike, Winchester, VA 22602

    $3,200,000
    13.05 AC lot

    High-visibility development land along Route 50 with prior concept plans for retail and medical uses.

    View details
    Breezewood Commercial Land For Sale
    Breezewood Commercial Land For Sale

    16359 Lincoln Hwy, Breezewood, PA 15533

    $195,000
    500 sqft 5.81 AC lot

    5.81 acres of commercial land with excellent visibility.

    View details
    Winchester Land For Sale
    Winchester Land For Sale

    MARKET Street, Winchester, VA 22603

    $2,286,000
    5.08 AC lot

    5.08 acres of commercial land in Rutherford Crossing.

    View details
    Commercial Development Land Site
    Commercial Development Land Site

    301,307 and 317 E Brockway Avenue, Morgantown, WV 26505

    $385,000
    0.40 AC lot

    Level commercial land in Morgantown, zoned Special Business, with streets bordering both front and rear.

    View details

    Lonaconing, MD Restaurants Market Trends and Statistics

    Explore 1 restaurants for sale in Lonaconing, MD on our real estate platform.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 2
    Bars & Pubs 1

    Demographics Overview

    Population 1,846
    Population Growth (5Y) -34.2%
    Median Household Income $51,667
    College Educated 24.3%

    Taxes & Financing

    Tax Rate (average for all types) 1.37%
    Property Tax per SF $20.55 per SF
    Tax Rate vs County Average 0.39 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Allegany County

    New Delisted

    Total CRE Inventory on Market (SF)

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