144 Main Street
Frostburg, MD, 21532 $ 195,000
Baths0.0 Sq 6,792 Monthly Estimate*
$ 1,362
Studio
for $195,000. This 6,792 square foot building was built in 1855 on a lot size of 0.26.
This exquisite brick mansion has a commanding view over Main St. and Bowery St. It immediately catches the eye and captures the heart of nearly everyone who passes by it. Past and present, it is still intriguing and beautiful. Excellent Investment opportunity for business or residential with flexible zoning. Circa 1855, the architectural style of this elegant home is Greek Revival / Italianate which is somewhat rare in Allegany County. It is listed on the National Register of Historic Places. Built of solid brick, 11 wythes thick, it is a true fixer upper. Once a fine home in its day it is one of only a few homes like it (as far as brick and architecture) that still exist on Main Street in Frostburgs Historic District. The current owners have done ALL THE HEAVY LIFTING to the exterior and foundation. This was a monumental undertaking that took months. Using historically correct lime- based mortar, fresh tuckpointing of the stone foundation and brick exterior walls have all been completed recently. The oversized, solid granite front steps were repurposed from a building in Connecticut. A new stone veneer retaining wall runs the entire width of the property. This unique gem anxiously awaits a creative, compassionate new owner with vision and an open mind. Although it will require a complete restoration, a beautiful blank canvas awaits! With a thoughtful and sympathetic design, embellish the interior with crave-worthy modern amenities & fixtures. Given a second chance, it can become a newly curated blend of history, architecture and modern convenience that will last another 100 years! Spread the wings of imagination over the 3500 square feet of large rooms, soaring ceilings and natural light! A new gas, Hot water boiler was installed in 2021 and the cast iron radiators and wood floors keep the space comfy and cozy in the cold months. The property is eligible for financial Incentives such as grants and tax credits because it is listed on the National Register of Historic Places. Flexible zoning (Residential/ Office ) and Opportunity Zone sweeten the possibilities even more! Subject to approval. Architects, Attorneys and Artists ! Hunting for a creative space with a prominent, professional vibe? This is it! #Urban Downtown meets Quiet Small Town! Near restaurants, shops, groceries, W. Md. Scenic RR, Frostburg State University and the Gap Trail. Your creativity will soar with the huge windows and tall ceilings! Natural light pours into the space! Step out both front windows onto 2 balconies and watch Main St below! Many original, architectural features are still intact: stained glass windows, fireplaces w/original mantels, original doors and trim with antique hardware, original 6/6 wavy glass windows, recessed interior wood shutters, wood floors, tall base moldings and paneled wainscoting, pressed tin ceiling, arched opening with pilaster, love the vintage chandelier and the huge gold gilded mirror! Homes like these are one-of-a-kind, rare and irreplaceable! Give this one a second shot at lifewhether as a home or business! Perhaps an Inn / Air BnB or Bed n Breakfast, Boutique Hotel, Event Venue, Coffee and Clothing Boutique! There are so many possibilities! Theres room for an apartment upstairs and offices / retail downstairs! Live above and work below! Convert to apartments for income producing opportunity! Parking lot in the rear for 10 cars (to be verified)
See more
FeaturesInteriorHeating Fuel Natural Gas
Flooring Wood
Hot Water None
Heating Y/N Y
Street Suffix STREET
Central Air Y/N N
Total Restrooms 1
See more
GeneralSewer Public Sewer
Heating Radiator
Cooling Ceiling Fan(s)
Possession Settlement
Roof Shingle
Zoning RO
Construction Materials Brick
Year Built 1855
Electric 100 Amp Service
View City Mountain Street
Property SubType Mixed Use
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
Municipality Frostburg
Business Type Other Professional
Building Name NONE AVAILABLE
Accessibility None
County ALLEGANY
New Construction N
Property Type Commercial Sale
Possible Use Office Mixed Use Bed & Breakfast
Water Access Y/N N
Status ACTIVE
Directions Head west on I-68 take exit 39 onto alt US-40 toward Lavale turn left on National Hwy drive about 5 miles and the destination is on the right. Directly Across From Bowery Street.
City FROSTBURG
Buyer Agent Compensation 2.25
Disclosures Lead Based Paint - Federal Lead Based Paint - State
Zoning Description RESIDENTIAL/ SMALL OFFICE
Total Units 2
MLS Area Frostburg - Allegany County (MDAL8)
Lot Size Square Feet 11357.00
Waterfront Y/N N
Street Name MAIN
Tax Annual Amount 1335.0
Property Condition Major Rehab Needed
Price Per Sq Ft 28.71
Historic Y/N Y
Vacation Rental Y/N N
Days on Market 5
Location Type Rural
Standard Status Active
Year Built Source Assessor
Buyer Agent Compensation Type % Of Gross
See more
ExteriorWater Source Public
Inclusions Ceiling Fans
Type of Parking Driveway
Foundation Details Stone
Water View Y/N N
Building Area Total 6792.00
Lot Size Acres 0.26
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 45400.00
Navigable Water Y/N N
Water Oriented Y/N N
See more
* Excluded FeaturesList Bypamterry1971@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $1,362
- Monthly Property Taxes
- $111
- Monthly 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.
Learn more about how to save NearbyCommerical listings in Frostburg, MD
Average List Price $210,940
Percent of Sale Price 8%
About Frostburg, MD 9,323 Population
8% Since 2002
$ 41,094 Median Income
26.42 Median Age
17% Households with Children
Trends Information provided by ATTOM Data Solutions.
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
4/11/2024 | $195,000 | | Listed Price |