Western Maryland Adjacent to I68

$3,200,000

Western Maryland Adjacent to I68 Cumberland, MD 21502

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About this listing

WELL ESTABLISHED BUSINESS LOCATED IN WESTERN MARYLAND ADJACENT TO HIGHLY TRAVELED I68
There are several elements to this property. Owner will consider selling in parcels.
First Element Is The Restaurant/Motel Building
H istoric structure that was used as a military hospital during the Civil War. The property is the site of the Battle of Folcks Mill. Approximately 55% of the restaurant business comes from I-68 traffic Approximately 8788 SQ FT Restaurant has three levels of dining plus multiple patio areas The main level has three dining rooms and a bar area The second floor has multiple meeting rooms available for private parties The lower level is a "pizza cellar: with wood fired pizza ovens The “wings” of the structure were formerly motel rooms. One suite has been refurbished into a law office (currently used as the owner’s offices), some have been renovated as additional restrooms for the outdoor dining areas, remaining areas are for storage Second Element Is The Restaurant Business
Turn key and includes all furniture/fixtures/inventory, etc Successful restaurant operation that shows good profit every year Income/Expense numbers can be available to qualified parties with a signed NDA Third Element Is The Event Center
This is a separate building that is leased for special events (Weddings, anniversaries, private parties, etc) Equipped with a catering kitchen and beautiful bar area Approximately 6062 SQ FT Fourth Element ~ Large Commercial Billboard
Visible from both East and West Bound I68 Currently rented to nearby Rocky Gap Casino, Resort, & Golf and County Tourism $65,000+ per year Income

Map



Liz Rhodes

Liz Rhodes

Coldwell Banker Commercial Premier
Cumberland, MD

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