$300,000 8 BROADWAY , FROSTBURG
- Property Type: Commercial Sale
- Address: 8 BROADWAY
- City / Zip:FROSTBURG, MD 21532
- Neighborhood:FROSTBURG CITY
- Heated Sq Ft:3,200
- Building Sq Ft:3,200
- Year Built:1920
- Date Listed:03/30/2021
!!!!! Newest Announcement 6/24/22 !!!!!!!!!! Price Reduction to owner's bottom line $300,000 !!!!!!!!!! ANNOUNCEMENT 6/8/22 !!!!!!!!!! ALL OFFERS WILL BE CAREFULLY CONSIDERED, as the family would love to see this iconic business continue to thrive and serve the community. â€œThe Frostburg Bakerâ€�, Lorenzo, & his wife Tammy, are ready to retire, relax, and take time with family and fishing. Should you have potential interest in owning one of the regionâ€™s most popular, long running (30+year) businesses, and the best and most loved bakery in the area, YOU'LL WANT TO BRING YOUR OFFER NOW !!!!!This listing includes both the business and the building (bakery/storefront on street level AND home above). Steeped in time, describes both the building, and landmark business, of Lorenzo's Bakery. Live, play, work -- all in one, with your second and third story home just above. Have what you want in a home, and more, from the dormered third floor loft, featuring the warmth of tongue and groove wood, with skylights and palatial windows overlooking the town, to the basement workshop and handy grilling porch/sun deck. Delight in original wood floors, archways, and architectural features unique to the building's era all very well kept and loved. Located in Frostburg, the small college town, in Western "Mountaintop" Maryland, Lorenzo's is the bakery of choice, not only for the local masses, but also as a wholesale vendor to the multi-state retail and restaurant community. A business location since the 1880's, and a bakery for nearly 40 years, the "just off main" retail storefront and production kitchen, stands ready for you to step in and roll. Pastries, cookies, donuts, breads, rolls, cakes, specialty Italian breads/desserts, and even peanut buttery dog treats, are baked as the sun rises, in time for retail store cases to be filled, and for the products to be available to the long established commercial client base. All good will, wholesale accounts, recipes and transition help are included. Located just off Interstate Rt. 68, you can continue to build on this solid business and home foundation, and roll in the dough!Financials available to qualified buyers.
- Listing provided courtesy of the MLS.