Skip To Content
    Return to Previous Page

    1055 National Highway

    LAVALE, MD 21502
    • $825,000
    • STATUS: Active
    • ON SITE: 16 days
    • ID#: MDAL135518
    UPDATED: 38 min ago
    $825,000
    • 0
      BEDS
    • 1.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Commercial
    Built:
    2010
    County:

    School Ratings & Info

    Description

    This 1440 SF free-standing retail/restaurant property is located within La Vale MD, the prime-retail area within 55 miles. Constructed in 2010, the site features prominent frontage to a heavily trafficked arterial rd, (13,260 AADT, SHA 2018)The considerable investment and permitting efforts associated with required stormwater drains, curb cuts, and drive-through has been made. This presents a rare opportunity for a savvy retail/restaurant tenant to enter the lucrative La Vale MD market at a lower cost and on a quicker timeline.Owner-occupied by the 1st generation tenant, Rita's Italian Ice, the business is currently in operation and available with the property at buyers option (currently closed for the season)Lease/ ground lease option available for highly qualified operators.

    Monthly Payment Calculator



    ©2020 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Redux Group | Keller Williams. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2020-10-30T23:52:39.963.
    dmv.thereduxgroup.com/homes/110994448
    Print Image

    1055 National Highway LAVALE, MD 21502

    • Price: $825,000
    • Status: Active
    • Updated: 38 min ago
    • ID#: MDAL135518
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.16
    Acres
    2010
    Built
    Neighborhood:
    Lavale - Allegany County (Mdal4)
    County:
    Allegany
    Area:
    Lavale - Allegany County (Mdal4)
    School District:
    Allegany County Public Schools
    Property Description
    This 1440 SF free-standing retail/restaurant property is located within La Vale MD, the prime-retail area within 55 miles. Constructed in 2010, the site features prominent frontage to a heavily trafficked arterial rd, (13,260 AADT, SHA 2018)The considerable investment and permitting efforts associated with required stormwater drains, curb cuts, and drive-through has been made. This presents a rare opportunity for a savvy retail/restaurant tenant to enter the lucrative La Vale MD market at a lower cost and on a quicker timeline.Owner-occupied by the 1st generation tenant, Rita's Italian Ice, the business is currently in operation and available with the property at buyers option (currently closed for the season)Lease/ ground lease option available for highly qualified operators.
    Exterior Features

    Construction Materials Metal Siding Garage YN No Lot Features Backs To TreesRoad Frontage Parking Features Paved ParkingLighted ParkingHandicap Parking Parking Types Parking Lot Property Condition Good Riparian Rights YN No Roof Metal Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

    Interior Features

    Building Area Total 1440.00 Cooling Central A/C Flooring Vinyl Heating 90% Forced Air Heating YN Yes Inclusions All Ff&E Along With Right To Rita's FranchiseCost Of Transfer Paid By Buyer Net Square Feet 1440.00 Security Features Electric Alarm

    Property Features

    Accessibility Features Level Entry - Main Assessment Year 2020 Association YN No Business Type Restaurant/Bar Central Air YN Yes Cooling Fuel Electric Electric 200+ Amp Service Heating Fuel Natural Gas Hot Water Electric Lease Considered YN Yes Navigable Water YN N New Construction YN No Number Of Units Total 1 Original MLSNumber 304354227560 Ownership Interest Fee Simple Possession NegotiableSettlement Property Sub Type Retail Sale Type Standard Sewer Public Sewer Tax Annual Amount 6123.00 Tax Assessment Amount 515267.00 Utilities Sewer AvailableWater AvailableCable Tv AvailableCable TvNatural Gas AvailableElectric Available Vacation Rental YN No Water Source Public Zoning A

    Listing courtesy of Taylor Properties.


    ©2020 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Redux Group | Keller Williams. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2020-10-30T23:52:39.963.
     
    https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_2_304354227560-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_2_304354227560-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_2_304354227560-2.jpg
    Logo
    The Redux Group | Keller Williams
    11700 Plaza America Dr. Suite 150
    Reston VA, 20190