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$ 350,000
Est. payment | /mo
5,325 Sqft Lot
$ 350,000
Est. payment | /mo
5,325 Sqft Lot
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Lot Size 5,325 Sqft
MLS Listing ID MDWA2018580
Total Units 3
Short Sale No
Originating MLS BRIGHT
Available Date 2023-11-16
Property Description
Prime Commercial Building with Limitless Potential in Hancock, MD
Welcome to an incredible investment opportunity in the heart of Hancock, Maryland! This spacious commercial building, boasting just under 5,300 square feet, was previously a popular bar and sporting goods store with three residential rental units. With most of the interior already gutted, this property is ready for your custom buildout to bring your vision to life.
Property Features:
Approximately 5,300 square feet of versatile space, providing ample room for your business ideas. The majority of the interior has been gutted, offering a blank canvas for your custom buildout, making it easy to tailor the space to your specific needs. Previous owners had three residential rental units, one of the second-floor apartments requires only minimal investment to start generating monthly income.
Nestled in a prime location, the building backs up to the Western Maryland Rail Trail, where between 100,000 and 140,000 people pass through each year. This offers an incredible opportunity for foot traffic and potential customers. Take advantage of and enjoy the proximity to the scenic C&O Canal and the Potomac River with a boat launch, both within walking distance of the building, making it an ideal location for outdoor enthusiasts. The town of Hancock is known for its welcoming atmosphere and supportive business community, making it an ideal place to realize your entrepreneurial dreams.
Opportunity Awaits: Whether you're looking to revitalize a once-thriving bar, start a new sporting goods store, or explore other business opportunities, this property offers endless potential. Hancock's ideal location, coupled with the strong community support, makes it the perfect place to turn your vision into a thriving reality.
Don't miss out on this exceptional opportunity to shape the future of this historic building.
Welcome to an incredible investment opportunity in the heart of Hancock, Maryland! This spacious commercial building, boasting just under 5,300 square feet, was previously a popular bar and sporting goods store with three residential rental units. With most of the interior already gutted, this property is ready for your custom buildout to bring your vision to life.
Property Features:
Approximately 5,300 square feet of versatile space, providing ample room for your business ideas. The majority of the interior has been gutted, offering a blank canvas for your custom buildout, making it easy to tailor the space to your specific needs. Previous owners had three residential rental units, one of the second-floor apartments requires only minimal investment to start generating monthly income.
Nestled in a prime location, the building backs up to the Western Maryland Rail Trail, where between 100,000 and 140,000 people pass through each year. This offers an incredible opportunity for foot traffic and potential customers. Take advantage of and enjoy the proximity to the scenic C&O Canal and the Potomac River with a boat launch, both within walking distance of the building, making it an ideal location for outdoor enthusiasts. The town of Hancock is known for its welcoming atmosphere and supportive business community, making it an ideal place to realize your entrepreneurial dreams.
Opportunity Awaits: Whether you're looking to revitalize a once-thriving bar, start a new sporting goods store, or explore other business opportunities, this property offers endless potential. Hancock's ideal location, coupled with the strong community support, makes it the perfect place to turn your vision into a thriving reality.
Don't miss out on this exceptional opportunity to shape the future of this historic building.
Location
State MD
County Washington
Zoning U
Interior
Hot Water Natural Gas
Heating Hot Water & Baseboard - Electric
Cooling Other
Heat Source Natural Gas
1-purchase type For Sale
Exterior
Garage Spaces 2
Waterfront N
Water Access N
Accessibility None
Parking Type Driveway, On Street
Total Parking Spaces 2
Building
New Construction N
Sewer Public Sewer
Water Public
Schools
School District Washington County Public Schools
Others
Tax Amount $4,291
Tax Year 2024
Tax ID 2205003865
Ownership Fee Simple
Special Sale Standard
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Listed by Eric Exline • Roger Fairbourn Real Estate
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