Listed By:
Coldwell Banker Realty
Address
7456 Gumboro Road, Pittsville, MD
Price
$ 725,000
Property Attributes
  • MLS#MDWC2012596
  • TypeCommercial
  • CountyWICOMICO
  • CityPittsville
  • AreaWicomico Northeast
  • Zip21850
  • StyleRestaurant/Bar
  • Year Built1900
  • Taxes$ 3962
  • Price$ 725,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4900
  • Lot Size1.4 Acres
Data Source:
Bright MLS
Property Description

Locally Famous Neighborhood Restaurant and Bar building with 100 indoor seats, and additional outdoor seating. Plenty of parking are included in the sale of this fully equipped building with Keno and more. Sit back and relax as you let the current tenants continue the areas popular spot, or take over with your own establishment once the lease expires in 1.5 years. Tenant has option for 5 year renew that could make this a passive property, but tenant is willing to forgo option if new owner wishes to operate establishment as owner operator.

Price History
2/23/2024 Listed $725,000

General Features

Sewer Public Sewer
Heating Heat Pump(s)
Cooling Zoned,Central A/C
Utilities Cable TV,Phone,Propane,Sewer Available,Water Available
Possession Settlement
Roof Asphalt
Zoning C
Construction Materials Brick
Year Built 1900
Electric 440 Volts
Property SubType Special Purpose
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
Business Type Restaurant/Bar
Accessibility 2+ Access Exits
County WICOMICO
New Construction No
Property Type Commercial Sale
Water Access Y/N No
Status ACTIVE
Directions Route 50 West Turn Right win Friendship Rr.
ModificationTimestamp 2024-03-20T17:02:30
City PITTSVILLE
Buyer Agent Compensation 2.5
MLS Area Wicomico Northeast (23-02)
Lot Size Square Feet 60984.00
Tax Assessed Value 395000.0
Waterfront Y/N No
Street Name GUMBORO
Tax Annual Amount 3962.0
Trash Expense 0.00
Price Per Sq Ft 185.9
Historic Y/N No
Vacation Rental Y/N No
Days on Market 54
Standard Status Active
Year Built Source Estimated
Legal Subdivision FITZGERALD JOHN SURV
Buyer Agent Compensation Type % Of Gross

Interior Features

Heating Fuel Electric
Flooring Concrete
Hot Water Bottled Gas
Heating Y/N Yes
Street Suffix ROAD
Central Air Y/N Yes

Exterior Features

Lot Features Cleared,Corner
Water Source Public
Total Parking Spaces 26
Type of Parking Parking Lot
Foundation Details Block
Water View Y/N No
Building Area Total 3900.00
Lot Size Acres 1.40
Road Surface Type US Highway/Interstate
Lot Size Units Square Feet
Lot Size Source Estimated
Total Loading Docks 1
Navigable Water Y/N No
Water Oriented Y/N No
Car Parking Spaces 25

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 21850

Price
AVG $470K
$730K
Taxes
AVG $3,803
$3,962
Visits
AVG 135
55
Data Provided by Inside Real Estate®
Year Built
AVG 1953
1900

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