Price Reduction
Listed By:
VYBE Realty
Address
71 W Main Street, Westminster, MD
Price
$ 359,000
Property Attributes
  • MLS#MDCR2018594
  • TypeCommercial
  • CountyCARROLL
  • CityWestminster
  • Zip21157
  • StyleGeneral Retail
  • Year Built1871
  • Taxes$ 3464
  • Price$ 359,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage5000
  • Lot Size6,098 SqFt
Data Source:
Bright MLS
Property Description

Nestled in the heart of downtown Westminster, this unique property presents a rare opportunity to own and develop a mixed-use building, combining residential and commercial potentials. With zoning already approved for two 1-bedroom, 1-bathroom apartments with dens, along with two main street commercial spaces and an additional commercial space in the back building, this property is primed for transformation into a cornerstone of the Westminster community. Key Features: Address: 71-73 W Main St, Westminster, MD 21157 Zoning: Approved for (2) 1-bedroom, 1-bathroom apartments with dens, (2) Main Street commercial spaces, and (1) additional commercial space in the back building. Permits: Three separate permits issued and ready for immediate development. Location: Prime downtown Westminster location, offering a blend of residential and commercial opportunities. Potential: Ideal for investors or developers looking to capitalize on Westminster's growth and demand for mixed-use properties.

Price History
2/8/2024 Listed $425,000
2/28/2024 7% - $399,000
4/23/2024 11% - $359,000

General Features

Sewer Public Sewer
Heating Hot Water
Cooling None
Possession Immediate,Settlement
Roof Metal
Zoning COMMERCIAL
Construction Materials Frame
Year Built 1871
Property SubType Mixed Use
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel None
Business Type Other/General Retail
Accessibility Other
County CARROLL
New Construction No
Property Type Commercial Sale
Water Access Y/N No
Status ACTIVE
Directions GPS
ModificationTimestamp 2024-04-23T16:29:47
City WESTMINSTER
Buyer Agent Compensation 2.5
Total Units 3
Lot Size Square Feet 5940.00
Tax Assessed Value 201400.0
Waterfront Y/N No
Street Name MAIN
Tax Annual Amount 3464.0
Price Per Sq Ft 199.44
Vacation Rental Y/N No
Days on Market 79
Standard Status Active
Year Built Source Assessor
Legal Subdivision WESTMINSTER ELECTION DISTRICT
Buyer Agent Compensation Type % Of Gross

Interior Features

Heating Fuel None
Hot Water None
Heating Y/N Yes
Street Suffix STREET
Central Air Y/N No

Exterior Features

Water Source Public
Total Parking Spaces 4
Type of Parking Parking Lot
Land Use Code C
Water View Y/N No
Building Area Total 1800.00
Lot Size Acres 0.14
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 64700.00
Navigable Water Y/N No
Water Oriented Y/N No
Car Parking Spaces 4

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 21157

Price
AVG $300K
$360K
Taxes
AVG $6,273
$3,464
Visits
AVG 118
62
Data Provided by Inside Real Estate®
Year Built
AVG 1953
1871

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