Perfect for Investors or Owner-Operators! Unique mixed use investment property is situated on 2.415 acres with room for business expansion. This rare investment opportunity offers immediate and long-term upside with 23 fully leased storage units generating approximately $1500-$1800 per month in gross income, plus a 1,758 SF commercial building with significant adaptive reuse potential. The upper lot has its own unused sewer tap. The main building was formerly the successful B-Rad's Pizza, where reported gross sales reached $35K to $48K per month. The main building retains a commercial kitchen (minus the pizza over), has a 400 amp service split into two-200 amp boxes, POS system, chairs, tables, some supplies, commercial grade doors, shatterproof windows, and ample parking. Currently the main building is a church. Located near Dan's Mountain State Park, the community pool, fishing pond, camping, pavilions, and surrounding recreation areas, this high-visibility property benefits from both local loyalty and tourism traffic. Don't miss your chance to own a business and generate income from loyal followers with steady dine-in, carry-out, and delivery serving Lonaconing, Barton, Midland, and Frostburg! This is a rare opportunity in a high visibility, community-centered location. Call me to make an appointment today!
Lonaconing is located in Maryland. Lonaconing, Maryland has a population of 1,160. Lonaconing is more family-centric than the surrounding county with 26.84% of the households containing married families with children. The county average for households married with children is 24.83%.
The median household income in Lonaconing, Maryland is $46,125. The median household income for the surrounding county is $51,090 compared to the national median of $69,021. The median age of people living in Lonaconing is 36.7 years.
The average high temperature in July is 79.9 degrees, with an average low temperature in January of 17.9 degrees. The average rainfall is approximately 41.5 inches per year, with 64.5 inches of snow per year.