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$ 550,000

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Price Dropped by $100K

24509 POINT LOOKOUT RD Leonardtown, MD 20650

5,155 SqFt

UPDATED:

10/08/2024 07:07 PM

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 5,155 sqft

Price per Sqft $106

Subdivision Leonardtown

MLS Listing ID MDSM2016530

Originating Board BRIGHT

Year Built 1930

Annual Tax Amount $5,454

Tax Year 2024

Lot Size 2.300 Acres

Acres 2.3

Property Description

TRUSTEE'S SALE. PRICE REDUCTION. PRICED TO SELL: Two (2) Mixed Use Buildings situated on 2.3 Acres in Saint Mary's County (only minutes from Downtown Leonardtown). Two (2) Parcels Included (St. Mary's Tax ID(s): 03-030407 and 03-008096. 5,155 SF of commercial space with a 2nd floor apartment. The site has public sewer from METCOM (St. Mary's County) and water is provided by a private well. There is a potential opportunity to annex into the Town of Leonardtown, if desired by the Buyer. AADT (2020) on Point Lookout Road to the north of this site at St. Andrew's Church Road is 20,602 and to the south of th2e site at the next intersection (Medley's Neck Road) is 12,035 according to the Maryland Department of Transportation. POTENTIAL On/Off Sale Liquor License. All Furniture, Fixtures and Equipment Convey As Part of Sale (except a few identified items by Seller - exclusion list to be provided upon request). Interior Renovations and insurance work over $50,000 work performed due to frozen water pipe in main building. Property Zoned CMX (Corridor Mixed Use) w/ Public Sewer & Private Well. Large Parking Lot.

Location

State MD

County Saint Marys

Zoning CMX

Interior

Hot Water Electric

Heating Other

Cooling Central A/C, Window Unit(s), Ductless/Mini-Split

Flooring Other

Inclusions Real Estate, Business, FF&E and Owner's Goodwill

Heat Source Other

Exterior

Garage Spaces 25.0

Waterfront N

Water Access N

Accessibility Ramp - Main Level, Other

Parking Type Parking Lot

Total Parking Spaces 25

Garage N

Building

Sewer Public Sewer

Water Well

New Construction N

Schools

School District St. Mary'S County Public Schools

Others

Tax ID 1903008096

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

Listed by Anne M Hooper • Hooper & Associates

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24509 POINT LOOKOUT RD Leonardtown, MD 20650

Key Details

Location

Interior

Exterior

Building

Schools

Others

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24509 POINT LOOKOUT RD