Hancock, MD 21750,187 E MAIN ST
See all 20 photos
Hancock, MD 21750,187 E MAIN ST
Hancock, MD 21750,187 E MAIN ST
Hancock, MD 21750,187 E MAIN ST
Hancock, MD 21750,187 E MAIN ST

$475,000

Est. payment /mo

$695,000

31.7%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

187 E MAIN ST Hancock, MD 21750

2,168 SqFt

SOLD DATE : 04/24/2023

Key Details

Sold Price $475,000

Property Type Commercial

Sub Type Retail

Listing Status Sold

Purchase Type For Sale

Square Footage 2,168 sqft

Price per Sqft $219

MLS Listing ID MDWA2012080

Year Built 1970

Annual Tax Amount $2,515

Tax Year 2022

Lot Size 0.491 Acres

Property Description

Turn-Key business opportunity with excellent sales and cash flow history! Long established liquor store located on the east end of Hancock, an area undergoing significant revitalization with a travel plaza and three national chain restaurants all under current construction (fast food, pizza, and family-style). Gas station, bank, insurance company, restaurants, car lot/ mechanic shop, fruit market/ bakery, and access to the Western Maryland Rail Trail and C&O Canal all within eyesight. Plenty of parking, and room for potential future expansion.

Second floor contains a 2 Bedroom 1 Bathroom apartment not currently rented and in need of some repairs, but could provide additional income, or be convenient living space for the owner/operator.

Located close to Interstates 70 and 68, and US Route 522 for a constant stream of travelers. Only miles from Pennsylvania and West Virginia creating a robust tri-state area customer base. Liquor stores were deemed "essential" by the State of Maryland during the recent pandemic, and according to Forbes Magazine, liquor consumption tends to be resilient even during economic recession (6/29/22). If you're looking for a successful business opportunity, this could be it!

Class A Liquor Sales License (Off Sale Only) transfers according to all Washington County, Maryland and State of Maryland regulations and shall be the sole responsibility of the buyer to qualify. Inventory shall be sold separately at cost, with all applicable State of Maryland / Bulk Trade regulations and taxes applicable. Point of sale system included. Make your offer now!

Location

State MD

County Washington

Zoning U

Interior

Hot Water Electric

Heating Heat Pump(s)

Cooling Other

Flooring Tile/Brick, Carpet

Exterior

Garage Spaces 10.0

Water Access N

Roof Type Flat,Rubber,Other

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Washington County Public Schools

Others

Acceptable Financing Cash, Other, Conventional

Listing Terms Cash, Other, Conventional

Special Listing Condition Standard

Read Less

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


Bright MLS (BMLS)
Listed by Wayne Kelly Keefer • Keller Williams Premier Realty
Bought with Non Member • Non Subscribing Office
agent

Jason Gareau

Broker

+1(609) 929-4486

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.