Listed By:
Roger Fairbourn Real Estate
Address
15-19 W Main Street, Hancock, MD
Price
$ 399,000
Property Attributes
  • MLS#MDWA2018580
  • TypeCommercial
  • CountyWASHINGTON
  • CityHancock
  • Zip21750
  • StyleBanquet Facility/Lodge,Apartment Building,Hair Sal
  • Year Built1908
  • Taxes$ 4318
  • Price$ 399,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage5295
  • Lot Size5,227 SqFt
Data Source:
Bright MLS
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.

Price History
10/31/2023 Listed $450,000
3/2/2024 12% - $399,000

General Features

Sewer Public Sewer
Heating Hot Water & Baseboard - Electric
Cooling Other
Possession Settlement
Zoning U
Construction Materials Brick
Year Built 1908
Property SubType Mixed Use
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Other
Business Type Banquet Facility/Lodge,Apartment Building,Hair Salon and Spa,Health Club,Medical,Other/General Retail,Professional,Recreation,Restaurant/Bar,Other
Accessibility None
County WASHINGTON
New Construction No
Property Type Commercial Sale
Water Access Y/N No
Status ACTIVE
Directions I-70 to Main St. building sits along Main St.
ModificationTimestamp 2024-03-01T19:37:12
City HANCOCK
Buyer Agent Compensation 2.5
Total Units 3
Lot Size Square Feet 5325.00
Tax Assessed Value 300900.0
Waterfront Y/N No
Street Name MAIN
Tax Annual Amount 4318.0
Price Per Sq Ft 75.35
Vacation Rental Y/N No
Days on Market 153
Standard Status Active
Year Built Source Assessor
Buyer Agent Compensation Type % Of Gross

Interior Features

Heating Fuel Natural Gas
Hot Water Natural Gas
Heating Y/N Yes
Street Suffix STREET
Central Air Y/N No

Exterior Features

Water Source Public
Total Parking Spaces 2
Type of Parking Driveway,On Street
Land Use Code C
Water View Y/N No
Building Area Total 5295.00
Lot Size Acres 0.12
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 35300.00
Navigable Water Y/N No
Water Oriented Y/N No
Car Parking Spaces 2

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 21750

Price
AVG $370K
$400K
Taxes
AVG $7,492
$4,318
Visits
AVG 104
64
Data Provided by Inside Real Estate®
Year Built
AVG 1921
1908
Walkscore
AVG 47
51
Data Provided by Walkscore® not using MLS data

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