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224 W Main St 2,593 SF Retail Building Hancock, MD 21750 For Sale
Investment Highlights
- 2,593 square foot building on 0.74-acre lot
- Zoned General Commercial (GC)
- Special Exceptions: restaurant with/without drive-thru
- Just off I-70 (AADT counts in excess of 55K) and US 522 (AADT counts in excess of 12K)
- Permitted Uses include: medical office, retail stores, banks, gas and convenience, automotive use and more
- 115+ feet of frontage along Limestone Road
Executive Summary
This former restaurant property, located at 224 W Main Street in Hancock, MD, presents an appealing opportunity for investors or owner-operators seeking a well-positioned retail asset. Situated just off I-70 and US Route 522, the property offers connectivity to local and regional traffic corridors, with high daily traffic counts exceeding 55,000 vehicles on I-70 and over 12,000 vehicles on US 522. The site spans 0.74 acres and features over 115 feet of frontage, delivering visibility and ease of access for multiple commercial uses.
Zoned General Commercial, the parcel accommodates a range of by-right uses including retail stores, banks, medical offices, convenience stores, and automotive services. Special exceptions extend potential for a restaurant with or without a drive-thru, making it versatile for redevelopment or adaptive reuse. Located near national brands such as Sheetz and Save-A-Lot, this property is within a dense retail and neighborhood trade area supported by consistent consumer demand and solid household income levels.
Zoned General Commercial, the parcel accommodates a range of by-right uses including retail stores, banks, medical offices, convenience stores, and automotive services. Special exceptions extend potential for a restaurant with or without a drive-thru, making it versatile for redevelopment or adaptive reuse. Located near national brands such as Sheetz and Save-A-Lot, this property is within a dense retail and neighborhood trade area supported by consistent consumer demand and solid household income levels.
Property Facts
Sale Type
Owner User
Sale Condition
High Vacancy Property
Property Type
Retail
Property Subtype
Building Size
2,593 SF
Building Class
C
Year Built/Renovated
1989/2009
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.74 AC
Zoning
GC
Parking
40 Spaces (15.43 Spaces per 1,000 SF Leased)
Frontage
115’ on Limestone Road
Fairly walkable
40/100
Exceptionally drivable
100/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 05-009138 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $1,097,295 CAD |
Property Taxes
Parcel Number
05-009138
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,097,295 CAD
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224 W Main St
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