Mount Savage MD Real Estate & Commercial for Sale

Appraised value in 2023 was just under $200,000. Built in 1968, the former Mt Savage United Methodist Church is approximately ±9200 SF over two levels. On the main level is the bright, spacious sanctuary with pew seating for an estimated 175 people. The rear foyer/hallway leads to numerous classrooms, meeting space, and offices on the main and lower level. Also on the lower level is the social hall and kitchen. The church has been updated and well maintained over the years. The stained glass windows were recently refinished, the boilers were reconditioned in 2022, the air conditioning units are newer, as is the roof. There is, however, dampness in an unused section of the lower level. Property specs: Map: 3M, Parcel: 153. Deeds: Liber 91/Folio 580 and Liber 376/Folio 563. Tax ID#s 13-008698 & 13-008701. Land parcel of ±26,152 SF, according to tax records. Foundation: Stone Exterior Walls: Brick and Vinyl Siding Roofing: Architectural Shingle over Sanctuary, Shingle over Classrooms Ceiling: Drop Ceiling and Acoustic Tiles Floor Covering: Carpet and Linoleum Heating: Natural Gas Hot Water Baseboard and Radiators Air Conditioning: Central Zoning: R-1, Residential 1. Per the countys Table of Permissible Uses, R-1 zoning permits: Single-family dwellings, duplexes, accessory apartments, storage garages under 1200 sf, and institutional uses. Institutional uses include: schools, daycare centers, hospitals, churches, cemeteries, funeral homes, government offices, nursing homes, group homes, fire stations, community buildings, fraternal organizations, publicly-owned recreation areas or any similar government or private use. The property includes a garage and two parking lots. One parking lot is approximately 70x80 and the rear lot is approximately 30x35. Year Built: Per tax record, 1968. To schedule a tour, please have your real estate professional book through ShowingTime. There is no option to lease the building. The seller has limited knowledge about the property and welcomes buyers to undertake a full inspection. The property will be sold as is; seller will make no repairs. Owner financing may be available for a full-price offer. Commercial loan terms: 30% down, 7.5% interest, amortized over 20 years, 5-year balloon. The seller makes no representation regarding condition, zoning, or use. Buyers should address any issues during the study period. To submit an LOI, please request a term sheet. The seller has its own commercial purchase agreement and its own closing agent. This is a commercial sale. PROPERTY IS WINTERIZED.

A turn-key opportunity to own a fully-equipped tavern, where all equipment, furniture, and fixtures are included, ensuring a seamless transition for the new owner. Cannot forget about the Class D Beer/Wine/Liquor License that is also included in the sale, allowing for a wide range of beverage offerings to cater to all clientele. Featuring 2 bars along with seating in both the main level and the lower level. The property also features two one-bedroom apartments. Building has a brand new metal roof!! Located just minutes away from Frostburg and Cumberland! Property is strictly being sold AS-IS. Don't miss out on this opportunity - Schedule a tour today!