16715 National Pike
Hagerstown, MD 21740
MLS #WA9598908

Commercial
    $625,000
    Est. P&I payment: $2387.08/mo
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    Description for 16715 National Pike, Hagerstown, MD 21740
    CASH FLOW $$$- GREAT INVESTMENT ** Delmar Inn Restaurant and Bar- Current Liquor Lic + Apt.. 19 Apartments fully rented on 2.5 Acres- GREAT POSITIVE CASH FLOW INCOME 70k+ $$$- room to expand. Rest. Inventory not included in sale. BRING OFFER-- MOTIVATED SELLER
    MLS #WA9598908
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    My Notes for MLS #WA9598908

    General Features

    • Property Type: Commercial
    • Comm Industrial Type: Restaurant,​Retail,​Warehouse/Retail,​Flex Space,​Parking
    • Comm Industrial Misc: Bath,​Delivery Door
    • Zoning Code: BG

    Exterior Features

    • Exterior: Composition
    • Roof: Shingle - Asphalt,​Rubber
    • Stories: 2
    • Lot Area Acre: 2.45
    • Lot Size Area: 106,722
    • Water Front: N
    • Parking Included In List Price: Y
    • Parking: Private 11+ Spaces
    • Parking Lot: LOTS OF PARKING
    • Parking Space Number: 60+
    • Parking Block Or Square: THERE IS OVER 60 PARKING SPACES

    Interior Features

    • Gross SQFT: 11,872
    • Net SQFT: 11,872
    • Floor: Wood,​Concrete
    • Entry Level: 1st Floor

    Utilities Features

    • Cooling Fuel: Electric
    • Cooling: Central Air Conditioning
    • Heating Fuel: Electric
    • Heating: Heat Pump(s),​Central
    • Hot Water: Electric
    • Metering: Electricity is sep
    • Sewer Septic: Public Sewer
    • Water: Public

    Financial Features

    • Price Per Square Foot: 52
    • Total Taxes: 10,047.39
    • Total Taxes Payment Freq: Annually
    • City Town Tax Payment Freq: Annually
    • County Tax: 10,047
    • County Tax Payment Freq: Annually
    • Tax Year: 2018
    • Improvement Assessment Amount: 806,800
    • Improvement Assessment Payment Freq: Annually
    • Land Assessment Amount: 294,000
    • Land Assessment Payment Freq: Annually
    • Total Assessment: 1,100,800
    • Total Assessment Payment Freq: Annually
    • Assessment Year: 2016
    • Gross Income: 100,400
    • Monthly Gross Rent: 8,400
    • Property Net Operating Income: 70,400
    • Additional Income Sources: Apartment Rentals
    • Owner Pays: Property Insurance,​Repairs and Maintenance,​Taxes-Real Estate,​Utilities
    • Present Licenses: Liquor,​Food,​Beer/Wine
    • Seller Desires: Sell/Lease Back
    • Rental Year: 2016
    • Expenses: 30,000

    Community Features

    Misc Features

    • Year Built: 1942
    • Occupied: Yes
    • Vacancy Factor: 5
    • Tenancy: Month-to-Month Lease(s)
    • Auction: N
    • Foreclosure: N
    • Potential Short Sale: No
    • Present Use: Beer/Wine/Liquor,​Multi Residential,​Restaurant,​Bar,​Residential,​Parking
    • Pass Through: No

    Location

     
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    The listing information for 16715 National Pike, Hagerstown, MD 21740 was graciously provided by our friends at the listing brokerage, RE/MAX Results

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    P&I Payment $2387.08
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    Last Updated 04/23/2018 at 4:57am
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