This commercial property presents a compelling investment opportunity, strategically located on a prominent corner lot with excellent road frontage. Traffic Count of nearly 15k. Spanning 0.79 acres, the level terrain offers versatility for various development options. Originally constructed in 1920, the building features a robust mix of materials, including block and concrete, though it requires significant rehabilitation, presenting an opportunity for value-add renovations. The now gutted condition allows for potential investors to capitalize on the property's intrinsic value through strategic improvements and opportunity. Some engineering plans exist for the addition of roughly 16 apartments, the potential for an indoor storage facility and even a cold storage/office area. The city location enhances the appeal, making it suitable for a range of commercial uses if those ideas aren't for you. With fenced, paved parking available, this property is poised for growth in a dynamic market. Investors can anticipate substantial returns by revitalizing this asset in a location with promising future development potential. NDA and HHA required before showings are granted. Build to Suit option available.
Elementary School |
Middle School |
High School |
| Click Here Distance: N/A Miles |
Click Here Distance: N/A Miles |
Click Here Distance: N/A Miles |
| Sewer | Public Sewer |
| Heating | Forced Air,Baseboard - Electric |
| Cooling | Central A/C,Window Unit(s) |
| Utilities | Water Available,Sewer Available,Under Ground |
| Possession | Immediate,Settlement |
| Roof | Asphalt,Rubber,Metal |
| Zoning | R-U |
| Construction Materials | Block,Cast Iron Plumbing,Combination,Concrete,CPVC/PVC,Glass,Mixed Plumbing,Rough-In Plumbing,Vinyl Siding |
| Year Built | 1920 |
| Electric | 200+ Amp Service |
| View | City |
| Property Subtype | Mixed Use |
| Tax Year | 2026 |
| Ownership | Fee Simple |
| Cool Fuel | Electric |
| Business Type | Cold Storage |
| Accessibility | Entry Slope <1',2+ Access Exits |
| County | ALLEGANY |
| New Construction | N |
| Property Type | Commercial Sale |
| Possible Use | Apartment Building,Apartments,Commercial,Development,Flex Space,Food & Beverage,Industrial,Investment,Manufacturing,Mini-Storage,Mixed Use,Multi-Family,Office,Parking,Printing,Professional Service,Re |
| Water Access Y/N | N |
| Property Use | Investment |
| Transportation | Airport less than 10 miles,Commuter Lots less than 5 miles |
| Status | ACTIVE |
| Directions | From I-70 W,merge onto I-68 W towards Cumberland. Take exit 43B toward Industrial Blvd/MD-51/Airport. Turn left onto Howard St. Turn right onto E Industrial Blvd (MD-51). Turn left onto Seymour St. T |
| City | CUMBERLAND |
| Disclosures | Build to Suit,Lead Based Paint - State,Owner RE Licensee,Sell Entirely |
| Number Of Units Total | 1 |
| MLS Area | S Cumberland - Allegany County (MDAL2) |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 34412.00 |
| Tax Assessed Value | 290600.0 |
| Tax Annual Amount | 1377.5 |
| Property Condition | Major Rehab Needed,Below Average |
| Price Per Sq Ft Total AG | 19.66 |
| Acceptable Financing | Cash,Conventional,Joint Venture,Seller Financing,Bank Portfolio,Industrial Development Authority,Negotiable,Private,Rural Development |
| Lease Considered Y/N | N |
| Vacation Rental Y/N | N |
| Virtual Tour | https://tour.giraffe360.com/7c7383f77c154fe781813e4a49bc278b |
| Location Type | Corner Lot/Unit |
| Standard Status | Active |
| Year Built Source | Estimated |
| Tax Lot | 62-67 |
Interior Features
| Heating Fuel | Electric,Natural Gas Available |
| Flooring | Concrete,Tile/Brick |
| Hot Water | None |
| Heating Y/N | Y |
| Central Air Y/N | Y |
| Total Restrooms | 2 |
| Clear Span Ceiling Height | 8' to 10',15' to 18',18' to 24' |
Exterior Features
| Parking Features | Fenced,Paved Parking,Private |
| Lot Features | Corner,Level,Not In Development,Road Frontage |
| Water Source | Public |
| Inclusions | Everything currently on site |
| Total Parking Spaces | 48 |
| Type of Parking | Parking Lot |
| Land Use Code | I |
| Traffic Count | 10000-14999 |
| Foundation Details | Slab |
| Water View Y/N | N |
| Building Area Total | 22888.00 |
| Lot Dimensions | 220 x 154 x 266 x 130 |
| Lot Size Acres | 0.79 |
| Road Surface Type | Black Top |
| Road Frontage Length | 130 |
| Lot Size Source | Estimated |
| Waterfront Y/N | N |
| Door Features | Insulated |
| Total Loading Docks | 9 |
| Road Responsibility | City/County |
| Land Assessed Value | 39600.00 |
| Navigable Water Y/N | N |
| Water Oriented Y/N | N |
| Fencing Y/N | Y |
| LotDimensionsSource | Estimated |
| Car Parking Spaces | 40 |


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