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8 S Broadway

FROSTBURG, MD 21532
  • $300,000
  • STATUS: Active
  • ON SITE: 506 Days
  • ID#: MDAL136510
UPDATED: 47 min ago
$300,000
  • 0
    BEDS
  • 0.03
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1920
County:

School Information

Elementary School:
Middle School:
High School:

Description

!!!!! Newest Announcement 6/24/22 !!!!!!!!!! Price Reduction to owner's bottom line $300,000 !!!!!!!!!! ANNOUNCEMENT 6/8/22 !!!!!!!!!! ALL OFFERS WILL BE CAREFULLY CONSIDERED, as the family would love to see this iconic business continue to thrive and serve the community. +G+The Frostburg Baker+G-, Lorenzo, & his wife Tammy, are ready to retire, relax, and take time with family and fishing. Should you have potential interest in owning one of the region+GGs most popular, long running (30+year) businesses, and the best and most loved bakery in the area, YOU'LL WANT TO BRING YOUR OFFER NOW !!!!!This listing includes both the business and the building (bakery/storefront on street level AND home above). Steeped in time, describes both the building, and landmark business, of Lorenzo's Bakery. Live, play, work -- all in one, with your second and third story home just above. Have what you want in a home, and more, from the dormered third floor loft, featuring the warmth of tongue and groove wood, with skylights and palatial windows overlooking the town, to the basement workshop and handy grilling porch/sun deck. Delight in original wood floors, archways, and architectural features unique to the building's era all very well kept and loved. Located in Frostburg, the small college town, in Western "Mountaintop" Maryland, Lorenzo's is the bakery of choice, not only for the local masses, but also as a wholesale vendor to the multi-state retail and restaurant community. A business location since the 1880's, and a bakery for nearly 40 years, the "just off main" retail storefront and production kitchen, stands ready for you to step in and roll. Pastries, cookies, donuts, breads, rolls, cakes, specialty Italian breads/desserts, and even peanut buttery dog treats, are baked as the sun rises, in time for retail store cases to be filled, and for the products to be available to the long established commercial client base. All good will, wholesale accounts, recipes and transition help are included. Located just off Interstate Rt. 68, you can continue to build on this solid business and home foundation, and roll in the dough!Financials available to qualified buyers.

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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: 2022-08-18T16:04:03.173.
www.deepcreeksales.com/homes/115587908
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8 S Broadway FROSTBURG, MD 21532

  • Price: $300,000
  • Status: Active
  • On Site: 506 Days
  • Updated: 47 min ago
  • ID#: MDAL136510
0
Beds
0
Baths
0
½ Baths
0.03
Acres
1920
Built
Neighborhood:
None Available
County:
Allegany
Area:
Frostburg - Allegany County (Mdal8)
Elementary School:
Call School Board
Middle School:
Call School Board
High School:
Call School Board
School District:
Allegany County Public Schools
Property Description
!!!!! Newest Announcement 6/24/22 !!!!!!!!!! Price Reduction to owner's bottom line $300,000 !!!!!!!!!! ANNOUNCEMENT 6/8/22 !!!!!!!!!! ALL OFFERS WILL BE CAREFULLY CONSIDERED, as the family would love to see this iconic business continue to thrive and serve the community. +G+The Frostburg Baker+G-, Lorenzo, & his wife Tammy, are ready to retire, relax, and take time with family and fishing. Should you have potential interest in owning one of the region+GGs most popular, long running (30+year) businesses, and the best and most loved bakery in the area, YOU'LL WANT TO BRING YOUR OFFER NOW !!!!!This listing includes both the business and the building (bakery/storefront on street level AND home above). Steeped in time, describes both the building, and landmark business, of Lorenzo's Bakery. Live, play, work -- all in one, with your second and third story home just above. Have what you want in a home, and more, from the dormered third floor loft, featuring the warmth of tongue and groove wood, with skylights and palatial windows overlooking the town, to the basement workshop and handy grilling porch/sun deck. Delight in original wood floors, archways, and architectural features unique to the building's era all very well kept and loved. Located in Frostburg, the small college town, in Western "Mountaintop" Maryland, Lorenzo's is the bakery of choice, not only for the local masses, but also as a wholesale vendor to the multi-state retail and restaurant community. A business location since the 1880's, and a bakery for nearly 40 years, the "just off main" retail storefront and production kitchen, stands ready for you to step in and roll. Pastries, cookies, donuts, breads, rolls, cakes, specialty Italian breads/desserts, and even peanut buttery dog treats, are baked as the sun rises, in time for retail store cases to be filled, and for the products to be available to the long established commercial client base. All good will, wholesale accounts, recipes and transition help are included. Located just off Interstate Rt. 68, you can continue to build on this solid business and home foundation, and roll in the dough!Financials available to qualified buyers.
Exterior Features

Construction Materials Brick Garage YN No Location Type Business District Lot Features LevelCorner Other Equipment See Remarks Parking Types On Street Property Condition Very Good Riparian Rights YN No Road Responsibility City/County Road Surface Type Paved View City Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 3200.00 Cooling Window Unit(S) Flooring Ceramic TileWoodVinylConcrete Heating RadiatorCentralZoned Heating YN Yes Inclusions Almost All Bakery Equipment. List Available. Net Square Feet 5032.00 Security Features MonitoredSurveillance Sys

Property Features

Accessibility Features Level Entry - Main Assessment Year 2022 Association YN No Business Type OtherOther/General RetailRestaurant/BarSupermarket/Grocery StoreApartment BuildingBed And BreakfastProfessional Central Air YN No Cooling Fuel Electric Entry Level 1 Heating Fuel CoalNatural Gas Hot Water ElectricNatural Gas Internet Services Cable Municipality Frostburg Navigable Water YN N New Construction YN No Number Of Units Total 1 Original MLSNumber 304533516810 Ownership Interest Fee Simple Possession Settlement Property Sub Type Other Sale Type Standard Sewer Public Sewer Tax Annual Amount 1960.00 Tax Assessment Amount 113500.00 Utilities Natural Gas AvailablePhone ConnectedSewer AvailableWater Available Vacation Rental YN No Water Source Public Zoning C3

Listing courtesy of Keller Williams Premier Realty: .


©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: 2022-08-18T16:04:03.173.
 
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