231 VIRGINIA AVE Active Save Request In-Person Tour Request Virtual Tour
Cumberland,MD 21502
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 8,184 sqft
Price per Sqft $58
MLS Listing ID MDAL2009512
Originating Board BRIGHT
Year Built 1910
Annual Tax Amount $1,877
Tax Year 2024
Lot Size 6,418 Sqft
Acres 0.15
Property Description
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.
Location
State MD
County Allegany
Area S Cumberland - Allegany County (Mdal2)
Zoning B-L
Interior
Hot Water Electric
Heating Hot Water
Cooling Central A/C
Flooring Hardwood,Carpet
Heat Source Natural Gas
Exterior
Garage Spaces 8.0
Waterfront N
Water Access N
Roof Type Shingle
Accessibility 36\"+ wide Halls
Parking Type Parking Lot,On Street
Total Parking Spaces 8
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Allegany County Public Schools
Others
Tax ID 0104021932
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard