Smithsburg, MD 21783,5 W WATER ST
Smithsburg, MD 21783,5 W WATER ST
Smithsburg, MD 21783,5 W WATER ST
$235,000
Est. payment /mo
$235,000
Est.Price: ?

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4,872 SqFt
SOLD DATE : 08/25/2023

Key Details

Sold Price $235,000

Property Type Commercial

Sub Type Retail

Listing Status Sold

Purchase Type For Sale

Square Footage 4,872 sqft

Price per Sqft $48

MLS Listing ID MDWA2016136

Sold Date 08/25/23

Originating Board BRIGHT

Year Built 1986

Annual Tax Amount $1,404

Tax Year 2022

Lot Size 2,850 Sqft

Acres 0.07

Property Description

Introducing the Bite Size Deal! Located at 5 W Water St in Smithsburg, MD 21783, this property presents an exciting opportunity for investors. Formerly known as Smithsburg Auto Parts, this vacant property was successfully operated by the owner for many years. Now, the seller is ready to retire, offering a chance for a new owner to take over both the business and the property.

Situated in the TC (Town Center) zoning district, this property benefits from a versatile designation that allows for a wide range of uses. The TC zoning promotes a mix of residential, commercial, and public service activities, creating a vibrant core area. Potential uses for this property include auto sales, automotive services, residential/multifamily developments, and even mini-storage facilities.

The surrounding neighborhood features a diverse array of land uses, including retail/commercial establishments, multifamily buildings, and single-family homes. With a lot size of 0.07 acres and a 4,872 square foot building, according to county records, this property offers ample space for retail, office, garage, and warehouse purposes. Additionally, an attached garage provides added convenience.

Notably, the subject property is located just a short distance from a bustling shopping center anchored by a supermarket. This center boasts a strong tenant mix, featuring nationally recognized brands such as Dunkin Donuts, Dollar General, various restaurants, and banks. The property's proximity to this thriving retail hub adds further value and potential foot traffic.

Recent capital expenditures have enhanced the property's structural integrity, including updates to the roof, wiring, boiler, and insulation. These improvements contribute to the overall appeal and functionality of the premises.

Don't miss out on this Bite Size Deal! Take advantage of the stable income potential and the opportunity to contribute to the growth of Smithsburg's vibrant town center. Contact us now for further information and to explore this exciting investment prospect.

Location

State MD

County Washington

Zoning TC

Interior

Hot Water Electric, Bottled Gas

Heating Hot Water

Cooling Central A/C

Heat Source Electric

Exterior

Garage Spaces 10.0

Waterfront N

Water Access N

Roof Type Metal

Accessibility None

Parking Type Off Site, On Street, Parking Lot

Total Parking Spaces 10

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Washington County Public Schools

Others

Tax ID 2207009038

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Roberto G. Gonzalez • RG Realty, Inc.
Bought with Roberto G. Gonzalez • RG Realty, Inc.

Jason Freeby

Real Estate Team Leader

+1(908) 443-1405

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