$475,000
Active
46 Days Online
0 Beds0 Baths0 SQFT
Active

231 Virginia Avenue Cumberland, MD 21502

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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.

  • Property TypeCommercial
  • NeighborhoodN/A
  • CountyAllegany
  • Taxes$1,877
  • HOA/Condo/Coop Fees$0
  • Days on Site45 Days
  • MLS StatusActive
  • MLS ID NumberMDAL2009512
  • Home Size Source Assessor
  • Year Built1910
  • Lot Size0.15 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Construction Brick
  • Parking Parking LotOn Street
  • Sewer Public Sewer
  • Acreage 0.15
  • Water Public
  • Property Sub Type Mixed Use
  • Attached Garage No
  • Zoning B-L

Interior Features

  • Cooling Central A/ CElectric
  • Heating Hot WaterNatural Gas
  • Flooring HardwoodCarpet

Exterior Features

  • Roof Shingle
  • Spa No
  • Waterfront Property No

Community Features

  • MLS Area S Cumberland - Allegany County (MDAL2)

Schools

School District
ALLEGANY COUNTY PUBLIC SCHOOLS
Elementary School
Unknown
Middle School
Unknown
High School
Unknown

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Monthly Payment (Est.)

$2,308
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