$475,000
( $58.04Per Sq Foot )
 $2,550 est/mo Sourced by Back At You

231 Virginia Ave , Cumberland, MD 21502

Cumberland, MD 21502

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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.

Details

MLS#MDAL2009512
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1910
Days On Site181
Listing Provided ByGarceau Realty | Donald Frederick White III

Features

SQ Feet8,184
ZoningB-L
Acreage0.15

Market Activity 21502

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Listings Checked: 6 minutes ago
StateMD
CountyAllegany
CityCumberland
Zip Code21502
AreaS Cumberland Allegany County
School DistrictAllegany County Public Schools
Listing VS Median (in 21502)
Price:
$475,000
low | high
Med:
$169,000
100% of Average
SqFt:
8,184
low | high
Med:
2,671
100% of Average
$ / SqFt:
$58
low | high
Med:
$63
40.985359317425% of Average
On Site:
181
low | high
Med:
173.000000
100% of Average
Sourced by Back At You
Listing Updated: January 13, 2025 at 7:29:34 PM PST