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215 W Potomac Street

BRUNSWICK, MD 21716
  • $699,000
  • STATUS: Active
  • ON SITE: 165 Days
  • ID#: MDFR2009830
UPDATED: 29 min ago
$699,000
  • 0
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1900
County:

School Ratings & Info

Description

4 Year Lease Extension. 100% leased income producing investment property in the heart of Brunswick. 215 W Potomac St is a 6,609 SF mixed use property featuring 1 ground floor retail space and 3 apartment units. The 1st Floor retail space (King's Pizza) is a built out restaurant that has been occupied by the King+GGs Pizza family since 1994. The 2nd Floor is an oversized 4 BR/ 1 BA apartment home (occupied by the same tenant since 2000), that was formerly the residence of the proprietors for the original restaurant space (Berlin Restaurant & Tavern). The 3rd Floor consists of two 3 BR/1 BA apartments (One of which has been occupied by the same tenant since 2009). Each apartment unit has washer & dryer hookups (tenants provide their own washer/dryer). The property enjoys off-street parking for both the retail space and the apartment units. Property is located adjacent to the very popular Smoketown Brewing Station in a major growth area of downtown Brunswick. Recent Capital Improvements Include: New roof (6 years ago), new siding & gutters (6 years ago), new windows (6 years ago), new hot water heater for #3B (1 year ago), new HVAC unit for #2 (1 year ago), 3rd floor porch wall and trim replacement (1 year ago) and exterior front brick scraped & sealed (2 years ago). Rare investment opportunity. Owner retiring and moving out of state.

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©2022 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 Jennifer Mack Properties | EXP Realty. 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: 2022-05-22T14:50:28.817.
www.jennifermackproperties.com/homes/123825828
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215 W Potomac Street BRUNSWICK, MD 21716

  • Price: $699,000
  • Status: Active
  • On Site: 165 Days
  • Updated: 29 min ago
  • ID#: MDFR2009830
0
Beds
0
Baths
0
½ Baths
0.13
Acres
1900
Built
County:
Frederick
School District:
Frederick County Public Schools
Property Description
4 Year Lease Extension. 100% leased income producing investment property in the heart of Brunswick. 215 W Potomac St is a 6,609 SF mixed use property featuring 1 ground floor retail space and 3 apartment units. The 1st Floor retail space (King's Pizza) is a built out restaurant that has been occupied by the King+GGs Pizza family since 1994. The 2nd Floor is an oversized 4 BR/ 1 BA apartment home (occupied by the same tenant since 2000), that was formerly the residence of the proprietors for the original restaurant space (Berlin Restaurant & Tavern). The 3rd Floor consists of two 3 BR/1 BA apartments (One of which has been occupied by the same tenant since 2009). Each apartment unit has washer & dryer hookups (tenants provide their own washer/dryer). The property enjoys off-street parking for both the retail space and the apartment units. Property is located adjacent to the very popular Smoketown Brewing Station in a major growth area of downtown Brunswick. Recent Capital Improvements Include: New roof (6 years ago), new siding & gutters (6 years ago), new windows (6 years ago), new hot water heater for #3B (1 year ago), new HVAC unit for #2 (1 year ago), 3rd floor porch wall and trim replacement (1 year ago) and exterior front brick scraped & sealed (2 years ago). Rare investment opportunity. Owner retiring and moving out of state.
Exterior Features

Construction Materials BrickVinyl Siding Garage YN No Lot Features Corner Parking Types Parking LotDriveway Riparian Rights YN No Roof Shingle Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 6609.00 Cooling Central A/CWindow Unit(S) Flooring VinylOtherHardwoodCarpet Heating CentralBaseboard - Electric Heating YN Yes Net Square Feet 6609.00

Property Features

Accessibility Features None Assessment Year 2022 Business Type Restaurant/BarApartment Building Central Air YN Yes Cooling Fuel Electric Heating Fuel ElectricNatural Gas Historic YN No Hot Water Electric Internet Services Cable Lease Considered YN No Municipality Brunswick Navigable Water YN N New Construction YN No Number Of Units Total 4 Operating Expense Includes WaterSewerRepair/MaintenanceInsuranceOther Original MLSNumber 801230911702 Owner Pays WaterSewerInsuranceTaxes - Real EstateRepairsOther Ownership Interest Fee Simple Possession SettlementOther Property Sub Type Mixed Use Sale Type Standard Sewer Public Sewer Tax Annual Amount 5774.00 Tax Assessment Amount 396433.00 Vacation Rental YN No Water Source Public Zoning B3 Zoning Description The intent Of The B-3 District is To Provide Sites For Low intensitycommercial And Employment Uses.

Listing courtesy of Fitzgerald Realty Group Inc..


©2022 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 Jennifer Mack Properties | EXP Realty. 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: 2022-05-22T14:50:28.817.
 
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