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: ?

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

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

Sold Date 05/08/23

HOA Y/N N

Originating Board BRIGHT

Year Built 1920

Annual Tax Amount $1,942

Tax Year 2022

Lot Size 1,522 Sqft

Acres 0.03

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

Heat Source Coal, Natural Gas

Exterior

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

Waterfront N

Water Access N

View City

Street Surface Paved

Accessibility Level Entry - Main

Road Frontage City/County

Parking Type On Street

Garage N

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

Tax ID 0128003765

Ownership Fee Simple

SqFt Source Assessor

Security Features Monitored,Surveillance Sys

Special Listing Condition Standard

Read Less Info

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 Lana K Roby • Keller Williams Premier Realty
Bought with Jennifer Jackson • Charis Realty Group

Jason Freeby

Real Estate Team Leader

+1(908) 443-1405

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.