The Manhattan, an icon of historic Queen City is ready for its next occupant. The Manhattans availability represents an opportunity to stake a dominant position within the Downtown Cumberland restaurant tenant mix. The best part, this is a 100% turn-key space so you can capitalize on summer dining now.
Prior to the launch of The Manhattan Social in 2018, the restaurant group invested $200K+/- into building renovation and a further $200K+/- into FF&E.
The 5,050 SF +/- restaurant space features a full bar area with lounge and game area, a large dining floor, and a fully equipped professional kitchen along with access to a generous outdoor dining space. The 1st-floor restaurant space is available for lease, terms negotiable.
The upper floors feature three, one-bedroom apartments, no kitchens in two, the third has a kitchen but is unequipped. Phase 2 renovation plan options attached to this listing show how the whole property can be made highly productive.
Downtown Cumberland is the region's professional services and cultural hub, a highly walkable historic cityscape where enticing dining options, eclectic boutiques, and galleries abound.
The attractiveness of Downtown Cumberland will be further bolstered with the completion of the Baltimore St Access Project, no firm date is set, but commencement is anticipated spring 2021. For information on that project, visit
Address:
67-69 Baltimore St Cumberland, MD
Property Type:
Restaurant | Multi-Family | Mixed Use
Property Details:
- 13,418 SF
- 3 floors above grade
- Built 1900
- Renovated 2018
^Sale Terms:
- $590,000
- AS-IS
Lease Terms:
-Negotiable
Highlights:
- Prime corner lot, within the regions premier dining & professional services precinct
- ~$200K building renovation completed 2018 AND ~$200K FF&E investment made in 2018 for the restaurant
- Turn-Key restaurant operation
- 3 furnished apartments
- Value add opportunity. Phase 2 redevelopment floor plans in place, calls for 10 hotel rooms & 3 apartments
- Interior design, as built & proposed Phase 2, prepared by Studio Saint, aclaimed Washington D.C. hospitality architects.
^Brokerage services not provided by Allegany Commercial Real Estate LLC. All Such afforementioned services provided by Daniel Taylor-Neumann under Taylor Properties and its principal Broker. Taylor Properties office number 800 913 4326