217 Main StFrostburg, MD 21532

  • Retail properties
  • 1,055 SF
For Sale
$355,000 View listing

Property Details for 217 Main St

Year built
1930
Lot size
0.17 AC
Property size (Sq ft)
1,055 SF
Zone code
C2
Property type
Retail properties
Property subtype
Retail space
APN
11-007546
APU
11007546

Description

This mixed-use property at 217 E Main Street in Frostburg, Maryland, presents a unique investment opportunity. The building encompasses 4,234 square feet and sits on a 0.21-acre lot in the heart of downtown Frostburg. Priced at $355,000, this property requires a prospective buyer to engage in preliminary discussions with the city to determine permissible uses. The building is currently winterized, and utilities are disconnected. Potential buyers should be aware that entry is at their own risk and should familiarize themselves with the applicable zoning codes before making an offer. A Hold Harmless Agreement is required, and proof of funds will be necessary to proceed. This property offers significant potential for redevelopment or repurposing, given its size and central location. The substantial square footage allows for a variety of commercial and/or residential uses, subject to city approval. Serious inquiries only, please. Prospective buyers are strongly encouraged to conduct thorough due diligence, including a comprehensive review of the zoning regulations and a site visit to assess the property's condition. The property is being sold "as is," and the buyer assumes all responsibility for understanding the property's permitted uses and associated regulations.

217 Main St, Frostburg, Maryland

Location Insight

City
Frostburg
County
Allegany
State
Maryland
Latitude
39.6657
Longitude
-78.9352
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
$859
-
-
$85,000
-
$15,000
$72,400
$87,400

FAQs

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