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    Midland, MD Frostburg, MD Westernport, MD Grantsville, MD Eckhart Mines, MD Rawlings, MD Cresaptown, MD Salisbury, PA
    Mixed-Use Property with Storage
    Updated: Jun 21
    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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    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Lonaconing, MD, we suggest exploring several alternatives: 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

    $350,000
    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

    $285,000
    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.

    View details

    Lonaconing, MD Restaurants Market Trends and Statistics

    Explore 1 restaurants for sale in Lonaconing, MD on our real estate platform. These investment opportunities span a total of 5,392 square feet of properties for sale, with an estimated market value of $555,000.

    Sale prices for restaurant properties in Lonaconing, MD average $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

    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 $555K

    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)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Allegany County

    Residential Income

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