Address
120 N Cleveland Avenue Hagerstown, MD
Price
$ 399,900
Property Attributes
  • MLS#MDWA178410
  • TypeCommercial
  • CountyWASHINGTON
  • CityHagerstown
  • Zip21740
  • StyleRestaurant/Bar,Apartment Building
  • Year Built1932
  • Taxes$ 4404
  • Price$ 399,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage8000
  • Lot Size6,098 SqFt
Listing Provided Courtesy Of:
RE/MAX Achievers
Data Source:
Bright MLS
Property Description

Great Business Opportunity for an investor or end user! Here is your chance to own a local land mark (Former Rocco's Family Restaurant). Restaurant has a large dining room, full kitchen and 2 bathrooms on main floor. Upstairs there is additional dining area with 2 bathrooms and outside deck that may be able to be converted into additional outside seating depending on local zoning. The upstairs has additional office space with a full bathroom and laundry area. There is also an Separate Bar and dining area on the main level of the right side of the restaurant. Additional income is provided through 3 apartment units(a 3 bedroom,2 bedroom and 1 bedroom) that are all fully leased. Apartment units bring in $2400 per month and Restaurant has previously been leased for $2200-$2500 plus an oversized 1 car garage that could be rented for additional income. All apartments have required inspections and certifications. Agent will be present for all showings, Buyers agent must provide clients proof of financing before showing request will be accepted.

Price History
3/18/2021 Listed $499,900
5/8/2021 21% - $399,900

General Features

Accessibility 2+ Access Exits
Business Type Restaurant/Bar, Apartment Building
Construction Materials Brick
Cool Fuel Electric
Cooling Central A/C, Ductless/Mini-Split
County WASHINGTON
Days on Market 305
Flooring Ceramic Tile, Hardwood
Heating Baseboard - Electric, Forced Air, Zoned
Lot Size Square Feet 6098.00
Municipality Hagerstown
New Construction No
Ownership Fee Simple
Possession Negotiable
Price Per Sq Ft 49.99
Property SubType Mixed Use
Property Type Commercial Sale
PropertyCondition Excellent
Roof Architectural Shingle, Check for Warranty
Sewer Public Sewer
Tax Annual Amount 4404.0
Tax Lot 1
Tax Year 2021
Total Units 4
Vacation Rental Y/N No
Water Access Y/N No
Zoning RMED

Interior Features

Central Air Y/N Yes
Heating Fuel Natural Gas, Electric
Heating Y/N Yes
Hot Water Natural Gas, Electric

Exterior Features

Building Area Total 8000.00
Car Parking Spaces 1
Lot Size Acres 0.14
Lot Size Source Assessor
Navigable Water Y/N No
Total Parking Spaces 1
Type of Parking Driveway, On Street, Parking Lot
Water Oriented Y/N No
Water Source Public
Water View Y/N No
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 21740

Price
AVG $360K
$400K
Taxes
AVG $4,749
$4,404
Visits
AVG 66
83
Year Built
AVG 1940
1932
Walkscore
AVG 55
75
Data Provided by Walkscore ® not using MLS data

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