231 VIRGINIA AVE Active

Cumberland,MD 21502

$ 475000

- Bed

- Bath

8184 SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 8,184 sqft

Price per Sqft $58

MLS Listing ID MDAL2009512

Year Built 1910

Annual Tax Amount $1,877

Tax Year 2024

Lot Size 6,418 Sqft

Property Description

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.

Location

State MD

County Allegany

Area S Cumberland - Allegany County (Mdal2)

Zoning B-L

Interior

Hot Water Electric

Heating Hot Water

Cooling Central A/C

Flooring Hardwood,Carpet

Exterior

Garage Spaces 8.0

Waterfront N

Water Access N

Roof Type Shingle

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Allegany County Public Schools

Others

Special Listing Condition Standard

View More
Favorite Go Tour