Restaurants

Lonaconing, MD Restaurants for Sale

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Midland, MD Frostburg, MD Westernport, MD Eckhart Mines, MD Rawlings, MD Cresaptown, MD Salisbury, PA Cumberland, MD
Mixed-Use Property with Storage
Updated: Jun 30
Mixed-Use Property with Storage

20829 Water Station Run Rd SW, Lonaconing, MD 21539

$555,000
5,392 sqft 2.42 AC lot
2.415‑acre mixed‑use property with a 1,758 SF commercial building
23 fully leased storage units
400‑amp electrical service split between two 200‑amp panels
Commercial kitchen, POS system, tables, chairs, and select supplies remain
Unused sewer tap located on the upper lot
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Mixed-Use Building with Banquet Room
Updated: Oct 20
Mixed-Use Building with Banquet Room

5 HANEKAMP STREET W, Lonaconing, MD 21539

$99,900
5,400 sqft
5,400‑square‑foot mixed‑use building, built in 1930
Bar room measures 20x48 and includes a pool table
Banquet room measures 38x29
Kitchen, office, and two restrooms on the main level
Lower level has open space, two restrooms, and a former commercial kitchen
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2 active listings match your search: Restaurant for sale in Lonaconing, MD. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

Opportunities in Nearby Cities

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

Equipped Bar and Pub
Equipped Bar and Pub

202 CENTER STREET, Frostburg, MD 21532

$100,000
2,624 sqft 0.20 AC lot

Operating bar with a liquor license, restaurant equipment, and commercial kitchen infrastructure in a university-oriented mixed-use district.

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

60 W MAIN STREET, Frostburg, MD 21532

$275,000
1,230 sqft

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

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Mixed-Use Bar and Residential Property
Mixed-Use Bar and Residential Property

14811 BROADWAY, Midland, MD 21532

$90,000
2,720 sqft

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

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Triplex with Outdoor Pavilion
Triplex with Outdoor Pavilion

14811 BROADWAY, Midland, MD 21532

$90,000
2,720 sqft 0.18 AC lot

Wood-sided property combines residential units with potential bar or tavern use and outdoor side-yard space.

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Lonaconing, MD Restaurants Market Trends and Statistics

Explore 2 restaurants for sale in Lonaconing, MD on our real estate platform. These investment opportunities span a total of 10,792 square feet of properties for sale, with an estimated market value of $654,900.

Sale prices for restaurant properties in Lonaconing, MD start at $99,900, averaging $327,450, and reaching up to $555,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Bars & Pubs 1
Conventional restaurants 1

Demographics Overview

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

High-Yield Neighborhoods for Investment

Identify Lonaconing submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
21539 $327.5K

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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