Frostburg, MD 21532,8 S BROADWAY
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Frostburg, MD 21532,8 S BROADWAY
Frostburg, MD 21532,8 S BROADWAY
Frostburg, MD 21532,8 S BROADWAY
Frostburg, MD 21532,8 S BROADWAY

$265,000

Est. payment /mo

$300,000

11.7%
Est.Price: ?

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8 S BROADWAY Frostburg, MD 21532

3,200 SqFt

SOLD DATE : 05/08/2023

Key Details

Sold Price $265,000

Property Type Commercial

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Square Footage 3,200 sqft

Price per Sqft $82

Subdivision None Available

MLS Listing ID MDAL136510

Year Built 1920

Annual Tax Amount $1,942

Tax Year 2022

Lot Size 1,522 Sqft

Property Description

!!!!! Newest Announcement 6/24/22 !!!!!
!!!!! Price Reduction to owner's bottom line $300,000 !!!!!

!!!!! ANNOUNCEMENT 6/8/22 !!!!!
!!!!! ALL OFFERS WILL BE CAREFULLY CONSIDERED, as the family would love to see this iconic business continue to thrive and serve the community. “The Frostburg Baker”, Lorenzo, & his wife Tammy, are ready to retire, relax, and take time with family and fishing. Should you have potential interest in owning one of the region’s most popular, long running (30+year) businesses, and the best and most loved bakery in the area, YOU'LL WANT TO BRING YOUR OFFER NOW !!!!!

This listing includes both the business and the building (bakery/storefront on street level AND home above).

Steeped in time, describes both the building, and landmark business, of Lorenzo's Bakery. Live, play, work -- all in one, with your second and third story home just above. Have what you want in a home, and more, from the dormered third floor loft, featuring the warmth of tongue and groove wood, with skylights and palatial windows overlooking the town, to the basement workshop and handy grilling porch/sun deck. Delight in original wood floors, archways, and architectural features unique to the building's era all very well kept and loved. Located in Frostburg, the small college town, in Western "Mountaintop" Maryland, Lorenzo's is the bakery of choice, not only for the local masses, but also as a wholesale vendor to the multi-state retail and restaurant community. A business location since the 1880's, and a bakery for nearly 40 years, the "just off main" retail storefront and production kitchen, stands ready for you to step in and roll. Pastries, cookies, donuts, breads, rolls, cakes, specialty Italian breads/desserts, and even peanut buttery dog treats, are baked as the sun rises, in time for retail store cases to be filled, and for the products to be available to the long established commercial client base. All good will, wholesale accounts, recipes and transition help are included. Located just off Interstate Rt. 68, you can continue to build on this solid business and home foundation, and roll in the dough!

Financials available to qualified buyers.

Location

State MD

County Allegany

Area Frostburg - Allegany County (Mdal8)

Zoning C3

Interior

Hot Water Electric, Natural Gas

Heating Radiator, Central, Zoned

Cooling Window Unit(s)

Flooring Ceramic Tile, Wood, Vinyl, Concrete

Equipment See Remarks

Exterior

Utilities Available Natural Gas Available, Phone Connected, Sewer Available, Water Available

Water Access N

View City

Building

Lot Description Level, Corner

Sewer Public Sewer

Water Public

New Construction N

Schools

Elementary Schools Call School Board

Middle Schools Call School Board

High Schools Call School Board

School District Allegany County Public Schools

Others

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Lana K Roby • Keller Williams Premier Realty
Bought with Jennifer Jackson • Charis Realty Group

Jason Gareau

Broker

+1(609) 929-4486

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