729 Virginia AveCumberland, MD 21502

  • Turn key restaurants
  • 6,264 SF
For Sale
$500,000 View listing

Property Details for 729 Virginia Ave

Year built
1910
Construction
BRICK
Lot size
0.25 AC
Property size (Sq ft)
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.

729 Virginia Ave, Cumberland, Maryland

Location Insight

City
Cumberland
County
Allegany
State
Maryland
Latitude
39.6316
Longitude
-78.766
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

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