ANNUAL SDE OF 126K.Fantastic commercial/residential sale of well-known community business plus additional income opportunity with TWO 1200SF APARTMENTS! Welcome to Marvin's Floor Centre. This woman owned & minority certified business has been flourishing since 1987 with an Avg SDE of 126k... For 37 years, this company has been serving the tri-state area with excellent service. Marvin's is well established in both residential & commercial sales. With little marketing and word-of-mouth sales, Marvin's has set itself as the "go to" spot for your flooring & tile needs. This business includes 8,000 sq. ft. of real estate with parking for 7 vehicles. Showroom space includes carpet, sheet vinyl, hardwood, laminate, vinyl tile/waterproof flooring, and porcelain/ceramic displays. All racks, displays, and equipment convey with the business. Also included are 2 apartments; 1200 sq. ft. each. One apartment is fully furnished & equipped; previously rented for $750.00 per month with water included. The 2nd apartment could be made into 2 apts. As a single apartment, rent was $650.00 per month with water included. Don't miss this opportunity to own a Historic and highly successful business in Western Maryland.
MLS# | MDAL2009512 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Year | 1910 |
Days On Site | 184 |
Listing Provided By | Garceau Realty | Donald Frederick White III |
SQ Feet | 8,184 |
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Zoning | B-L |
Acreage | 0.15 |
State | MD |
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County | Allegany |
City | Cumberland |
Zip Code | 21502 |
Area | S Cumberland Allegany County |
School District | Allegany County Public Schools |
Listing VS Median (in 21502) | |
Price: $475,000 low | high Med: $169,900 SqFt: 8,184 low | high Med: 2,424 $ / SqFt: $58 low | high Med: $70 On Site: 184 low | high Med: 184 |