$475,000

231 VIRGINIA AVENUE, Cumberland, MD 21502

  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1910
  • Property Lot Size Icon6,534sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 year ago

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.

Listing Status:
Active
Date Added:
July 23, 2024 at 05:00AM
Listing Office:
Berkshire Hathaway HomeServices PenFed Realty : 4105155300
Listing Agent:
Donald Frederick White III : 4104036044
MLS ID:
MDAL2009512
  • Flooring: HardwoodCarpet
  • A/C: Central A/C
  • Heating: YHot WaterNatural Gas
  • Disability Feature: 36"+ wide Halls

This listing courtesy of Donald Frederick White III, Berkshire Hathaway HomeServices PenFed Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

S

South Penn Elementary School

500 E Second St, Cumberland, MD, 21502

Grades PK-5

0.35 miles away

W

Washington Middle School

200 N Massachusetts Ave, Cumberland, MD, 21502

Grades 6-8

0.94 miles away

F

Fort Hill High School

500 Greenway Ave, Cumberland, MD, 21502

Grades 9-12

1.00 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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