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Key Details
Sold Price $875,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 11,686 sqft
Price per Sqft $74
Subdivision Leonardtown Square
MLS Listing ID MDSM172000
Sold Date 02/16/21
HOA Y/N N
Originating Board BRIGHT
Year Built 1946
Annual Tax Amount $10,381
Tax Year 2020
Lot Size 0.321 Acres
Acres 0.32
Property Description
This is the sale of an iconic building in the Heart of Leonardtown, adjacent to Leonardtown Square. It consists of a 3450 SF restaurant, seven upstairs one bedroom apts. at 3450 SF, the original Theater space of 4786 SF, and a basement of 2948 SF. All sizes are approximate. The restaurant enjoys a long term lease, while the apts. have annual leases with various expiration dates. A savvy investor will improve the theater space, which has three separate entrances, a bathroom, the original stage, and balcony seating. What a perfect location for wedding receptions, concerts, and other public events inspired by the Town of Leonardtown! The theater is a high cube cold vanilla shell with a separate gated entrance off Washington St. Walking distance to the Leonardtown Wharf with boat slips and kayak launch. Shopping, restaurants, stores, and professional services are nearby. Plenty of on-street parking and close to a public parking lot. This is the first time the property has been for sale in years, don't hesitate!
Location
State MD
County Saint Marys
Zoning C-G
Interior
Hot Water Electric
Heating Heat Pump - Electric BackUp, Programmable Thermostat
Cooling Central A/C, Ductless/Mini-Split, Heat Pump(s), Multi Units, Programmable Thermostat, Roof Mounted, Zoned
Flooring Concrete, Hardwood, Vinyl, Tile/Brick
Heat Source Electric
Exterior
Utilities Available Above Ground, Cable TV Available, Phone Available, Phone Connected, Propane, Sewer Available, Water Available
Water Access N
Roof Type Pitched,Rubber,Other
Street Surface Access - On Grade,Approved,Paved
Accessibility 36\"+ wide Halls, Grab Bars Mod, Level Entry - Main, Other
Garage N
Building
Lot Description Level, Road Frontage
Foundation Block, Slab
Sewer Public Sewer
Water Public
New Construction N
Schools
School District St. Mary'S County Public Schools
Others
Tax ID 1903018830
Ownership Fee Simple
SqFt Source Assessor
Security Features Carbon Monoxide Detector(s),Main Entrance Lock,Motion Detectors,Security System,Smoke Detector
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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Bought with Nicholas Stellway • O Brien Realty
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