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20829 Water Station Run Rd Sw, Lonaconing, MD 21539

$555,000

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List Price: $555,000
Days on Market: 76
Status: ACTIVE
MLS#: MDAL2015470
Lot Size (Acres): 2.42
Year Built: 2016
County: Allegany
School District: Allegany County Public Schools

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Property Description

Perfect for Investors or Owner-Operators! Unique mixed use investment property is situated on 2.415 acres with room for business expansion. This rare investment opportunity offers immediate and long-term upside with 23 fully leased storage units generating approximately $1500-$1800 per month in gross income, plus a 1,758 SF commercial building with significant adaptive reuse potential. The upper lot has its own unused sewer tap. The main building was formerly the successful B-Rad's Pizza, where reported gross sales reached $35K to $48K per month. The main building retains a commercial kitchen (minus the pizza over), has a 400 amp service split into two-200 amp boxes, POS system, chairs, tables, some supplies, commercial grade doors, shatterproof windows, and ample parking. Currently the main building is a church. Located near Dan's Mountain State Park, the community pool, fishing pond, camping, pavilions, and surrounding recreation areas, this high-visibility property benefits from both local loyalty and tourism traffic. Don't miss your chance to own a business and generate income from loyal followers with steady dine-in, carry-out, and delivery serving Lonaconing, Barton, Midland, and Frostburg! This is a rare opportunity in a high visibility, community-centered location. Call me to make an appointment today!

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Additional Information

Area: NE Allegany - Allegany County (MDAL10)
School District: Allegany County Public Schools
Elementary School: George'S Creek
Middle School: Westmar
High School: Mountain Ridge
View: Creek/Stream, Street, Trees/Woods
Heating: Heat Pump, Programmable Thermostat, Zoned
Cooling: Central Air
Roof: Metal
Utilities: Electric Available, Cable Available, Phone Available, Sewer Available
Water: Public
Sewer: Public Sewer