SOLD $235,000 - Business, Commercial, Shop
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.
