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Key Details
Sold Price $862,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 3,584 sqft
Price per Sqft $240
MLS Listing ID MDWA2003652
Sold Date 12/12/23
Originating Board BRIGHT
Year Built 1890
Annual Tax Amount $3,276
Tax Year 2022
Lot Size 7,524 Sqft
Acres 0.17
Property Description
Income Producing Mixed-Use Property & Profitable Retail Liquor Store Business - (Motivated sellers just reduced price.) Unique opportunity to purchase this 3,584 SF mixed-use property and profitable retail liquor store business in downtown Clear Spring, Washington County, Maryland. In addition to the newly renovated liquor store, this property features 2 beautifully remodeled apartments, which are perfect as rentals or Airbnbs. Conveniently located less than a half-mile from Interstate 70, and only 6 miles south of White Tail Ski Resort.
Profitable Retail Liquor Store (MAY BE PURCHASED SEPARATE FROM REAL ESTATE) - JJ’s Corner Liquors is a locally owned and operated full-service liquor store, with a strong customer following, offering a wide variety of domestic, imported and craft beers; a full line of bourbon, whiskey, vodka, scotch and other types of spirts; and a vast assortment of local and imported wines. Additional services include five tap growler station, lottery, cigarette sales, and more. This newly renovated liquor store is laid out to perfection with a state of the art POS system, sales counter, ATM, coolers, shelving, display racks, and more. Situated on the corner of US Route 40 and MD Route 68 in downtown Clear Spring, JJ’s has great visibility. In addition to street parking, there is a designated parking lot for JJ’s customers. Conveniently located less than a half-mile from Interstate 70, and only 6 miles south of White Tail Ski Resort.
YTD Gross Revenue (09/19/22): $335,509
2021 Gross Revenue (P/Y 11/25/21): $350,595
2020 Annual Gross Revenue: $209,929
Furniture, Fixtures, & Equipment: Included in the asking price (security system does not convey)
Inventory: Included in asking price, only if business is purchased with real estate.
Don’t miss this excellent opportunity to purchase this income producing property and profitable business, in a great location, with an impressive layout and a strong customer following!!
Location
State MD
County Washington
Zoning U
Interior
Hot Water Natural Gas
Heating Heat Pump(s)
Cooling Heat Pump(s)
Heat Source Natural Gas, Electric
Exterior
Waterfront N
Water Access N
Roof Type Metal
Street Surface Paved
Accessibility Other
Parking Type Off Site, On Street
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Washington County Public Schools
Others
Tax ID 2204002032
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Sydney L Machat • Berkshire Hathaway HomeServices Homesale Realty