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168 Cumberland Street

CLEAR SPRING, MD 21722
  • $1,000,000
  • STATUS: Active
  • ON SITE: 364 Days
  • ID#: MDWA2003652
UPDATED: 45 min ago
$1,000,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1890
County:

School Ratings & Info

Description

Income Producing Mixed-Use Property & Profitable Retail Liquor Store Business - (Motivated sellers just reduced price.) Unique opportunity to purchase this 3,584 SF mixed-use property and profitable retail liquor store business in downtown Clear Spring, Washington County, Maryland. In addition to the newly renovated liquor store, this property features 2 beautifully remodeled apartments, which are perfect as rentals or Airbnbs. Conveniently located less than a half-mile from Interstate 70, and only 6 miles south of White Tail Ski Resort.Profitable Retail Liquor Store (MAY BE PURCHASED SEPARATE FROM REAL ESTATE) - JJ+GGs Corner Liquors is a locally owned and operated full-service liquor store, with a strong customer following, offering a wide variety of domestic, imported and craft beers; a full line of bourbon, whiskey, vodka, scotch and other types of spirts; and a vast assortment of local and imported wines. Additional services include five tap growler station, lottery, cigarette sales, and more. This newly renovated liquor store is laid out to perfection with a state of the art POS system, sales counter, ATM, coolers, shelving, display racks, and more. Situated on the corner of US Route 40 and MD Route 68 in downtown Clear Spring, JJ+GGs has great visibility. In addition to street parking, there is a designated parking lot for JJ+GGs customers. Conveniently located less than a half-mile from Interstate 70, and only 6 miles south of White Tail Ski Resort.YTD Gross Revenue (09/19/22): $335,5092021 Gross Revenue (P/Y 11/25/21): $350,5952020 Annual Gross Revenue: $209,929 Furniture, Fixtures, & Equipment: Included in the asking price (security system does not convey) Inventory: Included in asking price, only if business is purchased with real estate.Don+GGt miss this excellent opportunity to purchase this income producing property and profitable business, in a great location, with an impressive layout and a strong customer following!!

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©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Taylor-Made Deep Creek Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-12-01T11:55:49.893.
www.deepcreeksales.com/homes/123655400
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168 Cumberland Street CLEAR SPRING, MD 21722

  • Price: $1,000,000
  • Status: Active
  • On Site: 364 Days
  • Updated: 45 min ago
  • ID#: MDWA2003652
0
Beds
0
Baths
0
½ Baths
0.17
Acres
1890
Built
County:
Washington
School District:
Washington County Public Schools
Property Description
Income Producing Mixed-Use Property & Profitable Retail Liquor Store Business - (Motivated sellers just reduced price.) Unique opportunity to purchase this 3,584 SF mixed-use property and profitable retail liquor store business in downtown Clear Spring, Washington County, Maryland. In addition to the newly renovated liquor store, this property features 2 beautifully remodeled apartments, which are perfect as rentals or Airbnbs. Conveniently located less than a half-mile from Interstate 70, and only 6 miles south of White Tail Ski Resort.Profitable Retail Liquor Store (MAY BE PURCHASED SEPARATE FROM REAL ESTATE) - JJ+GGs Corner Liquors is a locally owned and operated full-service liquor store, with a strong customer following, offering a wide variety of domestic, imported and craft beers; a full line of bourbon, whiskey, vodka, scotch and other types of spirts; and a vast assortment of local and imported wines. Additional services include five tap growler station, lottery, cigarette sales, and more. This newly renovated liquor store is laid out to perfection with a state of the art POS system, sales counter, ATM, coolers, shelving, display racks, and more. Situated on the corner of US Route 40 and MD Route 68 in downtown Clear Spring, JJ+GGs has great visibility. In addition to street parking, there is a designated parking lot for JJ+GGs customers. Conveniently located less than a half-mile from Interstate 70, and only 6 miles south of White Tail Ski Resort.YTD Gross Revenue (09/19/22): $335,5092021 Gross Revenue (P/Y 11/25/21): $350,5952020 Annual Gross Revenue: $209,929 Furniture, Fixtures, & Equipment: Included in the asking price (security system does not convey) Inventory: Included in asking price, only if business is purchased with real estate.Don+GGt miss this excellent opportunity to purchase this income producing property and profitable business, in a great location, with an impressive layout and a strong customer following!!
Exterior Features

Construction Materials Combination Garage YN No Location Type Downtown Parking Types Off SiteOn Street Property Condition Excellent Riparian Rights YN No Road Surface Type Paved Roof Metal Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 3584.00 Cooling Heat Pump(S) Heating Heat Pump(S) Heating YN Yes Net Square Feet 2511.00

Property Features

Accessibility Features Other Assessment Year 2022 Business Type Other/General RetailApartment Building Central Air YN No Cooling Fuel Electric Heating Fuel Natural GasElectric Hot Water Natural Gas Lease Considered YN No Municipality Clear Spring Navigable Water YN N New Construction YN No Number Of Units Total 3 Original MLSNumber 801220060266 Ownership Interest Fee Simple Possession Settlement Property Sub Type Mixed Use Sale Type Standard Sewer Public Sewer Tax Annual Amount 3276.00 Tax Assessment Amount 252233.00 Vacation Rental YN No Water Source Public Zoning U

Listing courtesy of Macro, Ltd.: .


©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Taylor-Made Deep Creek Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-12-01T11:55:49.893.
 
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