Description
Exceptional value-add commercial property offering over 12,000 square feet along highly traveled State Route 31 with strong visibility and traffic exposure. Located minutes from Shawnee State Park, Bedford, and the Maryland line -- a corridor benefiting from tourism and regional commerce.The building has been taken down to the studs, creating a true redevelopment-ready opportunity. One newly completed two-bedroom, one-bath apartment is already finished and rented at $1,250 per month, providing immediate income.Based on the current owner's layout plans, the structure could accommodate a total of 13 residential units:• 9 two-bedroom apartments• 4 one-bedroom apartmentsWith one unit already complete, there is potential to add 12 additional income-producing units, offering substantial long-term rental upside.That said, the flexibility of this building allows for far more than residential use. The scale, layout, and prime Route 31 exposure support a variety of possibilities including:• Multi-unit apartments• Mixed-use retail with upper-level residential• Boutique hotel or short-term rental concept• Brewery, restaurant, or bar• Office or professional suites• Retail storefront or outfitter businessLarge rear parking lot plus front street parking enhance accessibility for tenants, customers, or guests -- a significant advantage for commercial or mixed-use redevelopment.For investors and developers, this property offers:• Existing rental income• Redevelopment-ready condition (taken to studs)• Strong multi-unit potential• High-visibility location• Flexible commercial possibilitiesComplete the build-out as residential, pursue a mixed-use vision, or reimagine the space entirely -- the opportunity here is scale, location, and upside.
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0BEDS
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0.3ACRES
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0BATHS
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01/2 BATHS
Description
Exceptional value-add commercial property offering over 12,000 square feet along highly traveled State Route 31 with strong visibility and traffic exposure. Located minutes from Shawnee State Park, Bedford, and the Maryland line -- a corridor benefiting from tourism and regional commerce.The building has been taken down to the studs, creating a true redevelopment-ready opportunity. One newly completed two-bedroom, one-bath apartment is already finished and rented at $1,250 per month, providing immediate income.Based on the current owner's layout plans, the structure could accommodate a total of 13 residential units:• 9 two-bedroom apartments• 4 one-bedroom apartmentsWith one unit already complete, there is potential to add 12 additional income-producing units, offering substantial long-term rental upside.That said, the flexibility of this building allows for far more than residential use. The scale, layout, and prime Route 31 exposure support a variety of possibilities including:• Multi-unit apartments• Mixed-use retail with upper-level residential• Boutique hotel or short-term rental concept• Brewery, restaurant, or bar• Office or professional suites• Retail storefront or outfitter businessLarge rear parking lot plus front street parking enhance accessibility for tenants, customers, or guests -- a significant advantage for commercial or mixed-use redevelopment.For investors and developers, this property offers:• Existing rental income• Redevelopment-ready condition (taken to studs)• Strong multi-unit potential• High-visibility location• Flexible commercial possibilitiesComplete the build-out as residential, pursue a mixed-use vision, or reimagine the space entirely -- the opportunity here is scale, location, and upside.
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