Bloomington MD Commercial for Sale
- Type:
- Multi-Family
- Sq.Ft.:
- 8,352
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 1.25 Acres
- Year built:
- 1965
- Baths:
- MLS#:
- MDGA2006422
ADDITIONAL INFORMATION
Exceptional Investment Opportunity! Explore this robust, all-brick currently vacant apartment complex located in the peaceful Sheppards Park Subdivision, nestled in the Bloomington area of Garrett County, Maryland, just west of the Allegany County border. This notable property encompasses a single tax parcel and boasts an apartment complex originally constructed in 1965. It features 13 units, including 11 two-bedroom, one-bath apartments, and two efficiency apartments, offering a diverse range of living options. Additionally, the complex provides ample private parking for tenants and visitors. Occupying a substantial 1.25 acres of land, this property represents a significant investment in a sought-after location. Strategically positioned just a 25-minute drive from the scenic Deep Creek Lake area, the property benefits from the driving economic force of the McHenry-Deep Creek Lake area, which experiences all four seasons. The nearby Wisp Ski Resort serves as a major employer during the winter months, while the lake itself offers a plethora of summertime recreational activities. Route 219, a crucial north/south route, provides easy access to Interstate-68 to the north, a major east/west transportation artery. The property is conveniently located two hours east of the Baltimore/Washington area, one hour west of Morgantown, West Virginia, and two hours north of Pittsburgh, Pennsylvania, making it an attractive option for those seeking both recreational activities and natural beauty, as well as easy access to major urban centers.
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Bloomington Real Estate
The median home value in Bloomington, MD is $167,000. This is lower than the county median home value of $281,900. The national median home value is $338,100. The average price of homes sold in Bloomington, MD is $167,000. Approximately 53.54% of Bloomington homes are owned, compared to 46.47% rented, while 0% are vacant. Bloomington real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Bloomington real estate agent to arrange a tour today!
Bloomington, Maryland has a population of 201. Bloomington is less family-centric than the surrounding county with 15.39% of the households containing married families with children. The county average for households married with children is 25.57%.
The median household income in Bloomington, Maryland is $17,066. The median household income for the surrounding county is $58,011 compared to the national median of $69,021. The median age of people living in Bloomington is 53.7 years.
Bloomington Weather
The average high temperature in July is 82.9 degrees, with an average low temperature in January of 19.1 degrees. The average rainfall is approximately 40.8 inches per year, with 58.1 inches of snow per year.