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Webb's Store 26500 Clarksburg Rd 4,430 SF 100% Leased Retail Building Damascus, MD 20872 $499,900 ($112.84/SF)

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INVESTMENT HIGHLIGHTS

  • Heavily trafficked, corner lot at 4 way stop.
  • Opportunity for commercial and residential use.
  • Commercial Zoning in Residential Area

EXECUTIVE SUMMARY

Sale includes two primary structures plus a detached garage on a beautiful 1-acre lot. Webb’s Store (ca.1897), formerly A&W Grocery, served the community for over 80 years and a Victorian home (ca.1899) located next door on the shared parcel. The property is situated at a four-way stop along a heavily utilized country road that offers plenty of public exposure for your business. Zoning is R-200/NR – Neighborhood Retail overlay allowing for a variety of potential residential and/or commercial uses. The corner store building is approximately 2,750 SFT and consists of a main floor with traditional general store floorplan and includes a restroom and large storage room. The upper level offers a large open space with high ceilings and additional restroom. Located just north along Clarksburg Rd, the included Victorian home is approximately 1,680 SFT and offers 3-bedroom 2 full baths. The metal roof on the home appears to have been replaced in 2008. Shared septic and well. Both structures will require extensive renovation and are being sold strictly as-is. The property is located within the Lewisdale Historic District but is not on the Historic Register. Potential buyers are encouraged to conduct their own due diligence for condition and acceptable use.

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Condition
Building in Shell Condition
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,430 SF
Building Class
C
Year Built
1897
Price
$499,900
Price Per SF
$112.84
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.10
Lot Size
1.00 AC
Zoning
R-200-NR Overlay - The NR zone is intended for commercial areas that have a neighborhood orientation.

AMENITIES

  • Corner Lot
  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
12-00927340
Land Assessment
$339,700
Improvements Assessment
$57,800
Total Assessment
$397,500
  • Listing ID: 32781165

  • Date on Market: 8/13/2024

  • Last Updated:

  • Address: 26500 Clarksburg Rd, Damascus, MD 20872

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