Address
24509 Point Lookout Road, Leonardtown, MD
Price
$ 650,000
Property Attributes
- MLS#MDSM2016530
- TypeCommercial
- CountySAINT MARYS
- CityLeonardtown
- NeighborhoodLeonardtown
- Zip20650
- StyleRestaurant/Bar,/General Retail
- Year Built1930
- Taxes$ 5253
- Price$ 650,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage5155
- Lot Size2.3 Acres
Data Source:
Bright MLS
Property Description
MOTIVATED SELLER: Two (2) Mixed Use Buildings situated on 2.3 Acres in Saint Mary's County (only minutes from Downtown Leonardtown). Two (2) Parcels Included (St. Mary's Tax ID(s): 03-030407 and 03-008096. 5,155 SF of commercial space with a 2nd floor apartment. The site has public sewer from METCOM (St. Mary's County) and water is provided by a private well. There is a potential opportunity to annex into the Town of Leonardtown, if desired by the Buyer. AADT (2020) on Point Lookout Road to the north of this site at St. Andrew's Church Road is 20,602 and to the south of th2e site at the next intersection (Medley's Neck Road) is 12,035 according to the Maryland Department of Transportation. On/Off Sale Liquor License. All Furniture, Fixtures and Equipment Convey As Part of Sale (except a few identified items by Seller - exclusion list to be provided upon request). Seller just completed over $50,000 of interior renovations and insurance work due to frozen water pipe in main building. Property Zoned CMX (Corridor Mixed Use) w/ Public Sewer & Private Well. Large Parking Lot.
| Price History | |
|---|---|
| 12/20/2023 | Listed $650,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Other |
| Cooling | Central A/C,Window Unit(s),Ductless/Mini-Split |
| Possession | Settlement |
| Zoning | CMX |
| Construction Materials | Stick Built |
| Exclusions | Select Personal Property |
| Year Built | 1930 |
| Property SubType | Mixed Use |
| Tax Year | 2023 |
| Percent Ownership | Fee Simple |
| Cool Fuel | Electric |
| Business Type | Restaurant/Bar,Other/General Retail |
| Accessibility | Ramp - Main Level,Other |
| County | SAINT MARYS |
| New Construction | No |
| Property Type | Commercial Sale |
| Subdivision Name | LEONARDTOWN |
| Water Access Y/N | No |
| Property Use | Owner User |
| Status | ACTIVE |
| Directions | From Charles County: Follow Three Notch Road (MD Route 5),Turn RIGHT onto Point Lookout Road (Business Route 5) & Property is located on RIGHT just after light for Saint Andrews Church Road. |
| ModificationTimestamp | 2024-04-21T17:29:19 |
| City | LEONARDTOWN |
| Buyer Agent Compensation | 2.5 |
| Zoning Description | Corridor Mixed Use |
| Total Units | 3 |
| Lot Size Square Feet | 100188.00 |
| Tax Assessed Value | 547300.0 |
| Waterfront Y/N | No |
| Street Name | POINT LOOKOUT |
| Tax Annual Amount | 5253.0 |
| Price Per Sq Ft | 126.09 |
| Historic Y/N | No |
| Lease Considered Y/N | No |
| Vacation Rental Y/N | No |
| Days on Market | 134 |
| Standard Status | Active |
| Year Built Source | Assessor |
| Buyer Agent Compensation Type | % Of Gross |
| Association Recreation Fee | No |
Interior Features
| Heating Fuel | Other |
|---|---|
| Flooring | Other |
| Hot Water | Electric |
| Heating Y/N | Yes |
| Street Suffix | ROAD |
| Central Air Y/N | Yes |
Exterior Features
| Water Source | Well |
|---|---|
| Inclusions | Real Estate,Business,FF&E and Owner's Goodwill |
| Total Parking Spaces | 25 |
| Type of Parking | Parking Lot |
| Water View Y/N | No |
| Building Area Total | 5155.00 |
| Lot Size Acres | 2.30 |
| Lot Size Units | Square Feet |
| Lot Size Source | Assessor |
| Land Assessed Value | 314800.00 |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
| Car Parking Spaces | 25 |
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 20650
Price
Taxes
Visits
Year Built
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