224 West Main Street

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224 West Main Street

Hancock, MD 21750
Asking Price
Contact for price
Asset Type
Bank Retail
Class
Class B

What's Special

Former Pizza Hut | Owner-User Opportunity <ul><li>​2,593 square foot building on 0.74-acre lot</li><li>​Just off I-70 (AADT counts in excess of 55K) and US 522 (AADT counts in excess of 12K)</li><li>​Zoned General Commercial (GC)</li><li>​Permitted Uses include: medical office, retail stores, banks, gas and convenience, automotive use and more</li><li>​Special Exceptions: restaurant with/without drive-thru</li><li>​115+ feet of frontage along Limestone Road</li></ul><p></p>

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

Location & Travel Times