1018/1026 1St Street Glen Burnie, MD ^$ 675,000

1018/1026 1St Street

^$ 675,000

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1018/1026 1St Street

Glen Burnie, MD, 21060

^$ 675,000

Studio Baths0.0 Sq 58,370

Monthly Estimate*

^$ 4,715

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Studio

Commercial Property for sale in Glen Burnie, MD

for $675,000. This 58,370 square foot building was built in 1940 on a lot size of 0.64.

PRICE IMPROVEMENT - WATERFRONT PROPERTY with Operational Tavern, 2 Dwellings and an Additional adjacent Fenced Lot. Total Land Size 1.34 Acres. BEING SOLD ASIS. Transferrable Liquor License located in Point Pleasant. Non-Conforming Use. Boat Ramp and Beautiful Waterview. SHOWINGS NOT PERMITTED WITHOUT LISTING AGENT or OWNER. Current Tenant on Lease Month to Month. Contact Listing Agent for more details. Make this what you want - convert to Residential is a possibility. Liquor License D(BWL)ENT,S.

Commercial Active

Price

^$ 675,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 4,788

Style

Restaurant/Bar

Lot Size

0.64

Year Built

1940

Town/City

Glen Burnie

County/Region

Anne Arundel

MLS | Web ID

MDAA2044892

Features

Interior

Heating Fuel Oil

Hot Water Electric

Heating Y/N Y

Street Suffix STREET

Central Air Y/N Y

General

Sewer Public Sewer

Heating Heat Pump(s)

Cooling Central A/C

Possession Settlement

Zoning R5

Construction Materials Brick

Year Built 1940

View Creek/Stream

Property SubType Mixed Use

Tax Year 2023

Percent Ownership Fee Simple

Cool Fuel Electric

Business Type Restaurant/Bar

Accessibility 2+ Access Exits

County ANNE ARUNDEL

New Construction N

Property Type Commercial Sale

Subdivision Name POINT PLEASANT

Possible Use Bar/Tavern/Lounge Residential

Water Access Y/N N

Status ACTIVE

Directions Furnace Branch Rd Pt Pleasant Rd 1st St. Bar and Land on Left

City GLEN BURNIE

Buyer Agent Compensation 2.5

Total Units 3

Lot Size Square Feet 27878.00

Waterfront Y/N N

Street Name 1ST

Tax Annual Amount 4788.0

Price Per Sq Ft 113.81

Vacation Rental Y/N N

Days on Market 378

Location Type Suburban

Standard Status Active

Year Built Source Assessor

Legal Subdivision POINT PLEASANT

Tax Lot 33

Buyer Agent Compensation Type % Of Gross

Exterior

Lot Features Cleared Additional Lot(s)

Water Source Public

Type of Parking Parking Lot

Foundation Details Block

Water View Y/N Y

Building Area Total 5931.00

Lot Size Acres 0.64

Lot Size Units Square Feet

Lot Size Source Assessor

Land Assessed Value 180700.00

Navigable Water Y/N N

Water Oriented Y/N N

Internal Only

Street Number 1 1018

* Excluded Features

List By

Keller Williams Flagship Of Maryland

Broker

laurenasmith@kw.com

Affordability Calculator

$5,114

Per Month

Monthly Principal & Interest: $4,715
Monthly Property Taxes: $399
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Glen Burnie, MD

Average List Price ^$1,094,519

Percent of Sale Price 62%

About Glen Burnie, MD

71,653 Population

12% Since 2002

^$62,917 Median Income

38.24 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2136830 Elementary School

2137124 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/1/2024	$675,000	-3.43%	Price Down
12/14/2023	$699,000		Listed Price

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1018/1026 1St Street, Glen Burnie, MD, 21060 is a Commercial Property for sale at $675,000 with 58,370 sqft and a lot size of 0.64. 1018/1026 1St Street is a studio with 0.0 baths and was built in 1940. The property's zip code is 21060 which is in Glen Burnie, MD

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BrightMLS Broker Reciprocity^SM program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Weichert, Realtors® participates, and is provided by BrightMLS through a licensing agreement.

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1018/1026 1St Street

Commercial Property for sale in Glen Burnie, MD

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