7456 Gumboro Road Pittsville, MD ^$ 725,000

7456 Gumboro Road

^$ 725,000

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7456 Gumboro Road

Pittsville, MD, 21850

^$ 725,000

Bedrooms-- Baths-- Sq 4,900

Monthly Estimate*

^$ 4,523

7456 Gumboro Road, Pittsville, MD 21850 - Image 1

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7456 Gumboro Road, Pittsville, MD 21850 - Image 7

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7456 Gumboro Road, Pittsville, MD 21850 - Image 9

7456 Gumboro Road, Pittsville, MD 21850 - Image 10

7456 Gumboro Road, Pittsville, MD 21850 - Image 11

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Commercial Property for sale in Pittsville, MD

for $725,000. This 4,900 square foot building was built in 1900 on a lot size of 1.4.

Locally Famous Neighborhood Restaurant and Bar building with 100 indoor seats, and additional outdoor seating. Plenty of parking are included in the sale of this fully equipped building with Keno and more. Sit back and relax as you let the current tenants continue the areas popular spot, or take over with your own establishment once the lease expires in 1.5 years. Tenant has option for 5 year renew that could make this a passive property, but tenant is willing to forgo option if new owner wishes to operate establishment as owner operator.

Commercial Pending

Price

^$ 725,000

Property Type

Commercial

Taxes

^$ 3,962

Style

Restaurant/Bar

Lot Size

1.4

Year Built

1900

Town/City

Pittsville

County/Region

Wicomico

MLS | Web ID

MDWC2012596

Features

Interior

Heating Fuel Electric

Flooring Concrete

Hot Water Bottled Gas

Heating Y/N Y

Central Air Y/N Y

General

Sewer Public Sewer

Heating Heat Pump(s)

Cooling Zoned Central A/C

Utilities Cable TV Phone Propane Sewer Available Water Available

Possession Settlement

Roof Asphalt

Zoning C

Construction Materials Brick

Year Built 1900

Electric 440 Volts

Property Subtype Special Purpose

Tax Year 2023

Ownership Fee Simple

Cool Fuel Electric

Municipality PITTSVILLE

Business Type Restaurant/Bar

Accessibility 2+ Access Exits

County WICOMICO

New Construction N

Property Type Commercial Sale

Water Access Y/N N

Status PENDING

Directions Route 50 West Turn Right win Friendship Rr.

City PITTSVILLE

MLS Area Wicomico Northeast (23-02)

Lot Size Units Square Feet

Lot Size Square Feet 60984.00

Tax Annual Amount 3962.0

Trash Expense 0.00

Price Per Sq Ft Total AG 185.9

Historic Y/N N

Vacation Rental Y/N N

Standard Status Pending

Year Built Source Estimated

Legal Subdivision FITZGERALD JOHN SURV

Exterior

Lot Features Cleared Corner

Water Source Public

Type of Parking Parking Lot

Foundation Details Block

Water View Y/N N

Building Area Total 3900.00

Lot Size Acres 1.40

Road Surface Type US Highway/Interstate

Lot Size Source Estimated

Waterfront Y/N N

Navigable Water Y/N N

Water Oriented Y/N N

Internal Only

Street Number 1 7456

* Excluded Features

List By

Coldwell Banker Realty

Broker

shawn.kotwica@cbmove.com

Affordability Calculator

$4,853

Per Month

Monthly Principal & Interest: $4,523
Monthly Property Taxes: $330
Monthly Home Insurance: --

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% 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 Pittsville, MD

Average List Price ^$637,500

Percent of Sale Price 12%

About Pittsville, MD

1,257 Population

16% Since 2002

^$48,462 Median Income

40.84 Median Age

37% 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
2/23/2024	$725,000		Listed Price

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7456 Gumboro Road, Pittsville, MD, 21850 is a Commercial Property for sale at $725,000 with 4,900 sqft and a lot size of 1.4. 7456 Gumboro Road was built in 1900. The property's zip code is 21850 which is in Pittsville, MD

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% 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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7456 Gumboro Road

Commercial Property for sale in Pittsville, MD

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