231 VIRGINIA AVENUE

CUMBERLAND , MD 21502

MLS#: MDAL2012536

$450,000

Status: Active
Listing number: MDAL2012536
Listing provided by: Berkshire Hathaway HomeServices PenFed Realty
Listing agent phone: None
Last update: a month ago
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Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1910

Sq.Footage

N/A

ANNUAL SDE OF 126K. Fantastic commercial/residential sale of well-known community business plus additional income opportunity with TWO 1200SF APARTMENTS! Welcome to Marvin's Floor Centre. This woman owned & minority certified business has been flourishing since 1987 with an Avg SDE of 126k... For 37 years, this company has been serving the tri-state area with excellent service. Marvin's is well established in both residential & commercial sales. With little marketing and word-of-mouth sales, Marvin's has set itself as the "go to" spot for your flooring & tile needs. This business includes 8,000 sq. ft. of real estate with parking for 7 vehicles. Showroom space includes carpet, sheet vinyl, hardwood, laminate, vinyl tile/waterproof flooring, and porcelain/ceramic displays. All racks, displays, and equipment convey with the business. Also included are 2 apartments; 1200 sq. ft. each. One apartment is fully furnished & equipped; previously rented for $750.00 per month with water included. The 2nd apartment could be made into 2 apts. As a single apartment, rent was $650.00 per month with water included. Don't miss this opportunity to own a Historic and highly successful business in Western Maryland.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air, Electric

  • Heating YN

    YES

  • Heating

    Natural Gas, Hot Water

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick

  • Parking

    On Street, Parking Lot

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.15

  • Property Type

    Commercial Sale

  • Property Sub Type

    Mixed Use

Price

  • Sales Price

    $450,000

  • Tax Amount

    1877.0

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Accessibility Features

    Accessible Hallway(s)

  • Sewer

    Public Sewer

  • Water Source

    Public

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Location

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ALLEGANY

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Listing Courtesy of Donald Frederick White III , Berkshire Hathaway HomeServices PenFed Realty

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ANNUAL SDE OF 126K. Fantastic commercial/residential sale of well-known community business plus additional income opportunity with TWO 1200SF APARTMENTS! Welcome to Marvin's Floor Centre. This woman owned & minority certified business has been flourishing since 1987 with an Avg SDE of 126k... For 37 years, this company has been serving the tri-state area with excellent service. Marvin's is well established in both residential & commercial sales. With little marketing and word-of-mouth sales, Marvin's has set itself as the "go to" spot for your flooring & tile needs. This business includes 8,000 sq. ft. of real estate with parking for 7 vehicles. Showroom space includes carpet, sheet vinyl, hardwood, laminate, vinyl tile/waterproof flooring, and porcelain/ceramic displays. All racks, displays, and equipment convey with the business. Also included are 2 apartments; 1200 sq. ft. each. One apartment is fully furnished & equipped; previously rented for $750.00 per month with water included. The 2nd apartment could be made into 2 apts. As a single apartment, rent was $650.00 per month with water included. Don't miss this opportunity to own a Historic and highly successful business in Western Maryland.

231 VIRGINIA AVENUE

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