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300 W Industrial Boulevard, Cumberland, MD 21502

$450,000
  • 300 W Industrial Boulevard, Cumberland, MD 21502 Main Photo

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BEDS0 BATHS MLS#MDAL2013456
STATUSACTIVE PROPERTY TYPECommercial - SCHOOLALLEGANY COUNTY PUBLIC SCHOOLS

Property Description

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.

300 W Industrial Boulevard | MLS# MDAL2013456

This commercial property located at 300 W Industrial Boulevard, Cumberland, MD 21502 is currently listed for sale with an asking price of $450,000. W Industrial Boulevard is located within the ALLEGANY COUNTY PUBLIC SCHOOLS school district. Search Cumberland real estate on www.jimhafer.com today.

Property Features

Property Type: Commercial -
Cooling: Central A/C, Window Unit(s)
Fuel Type: Electric, Natural Gas Available
Heating: Forced Air, Baseboard - Electric
Lot Size: 0.79 Acres
Roof Type: Asphalt, Rubber, Metal
Taxes: $1,377
Year Built: 1920

Feature Descriptions

Accessibility: Entry Slope <1',2+ Access Exits
Electric: 200+ Amp Service
Exterior: Block, Cast Iron Plumbing, Combination, Concrete, CPVC
Flooring: Concrete, Tile/Brick
Location: Corner Lot/Unit
Lot: Corner, Level, Not In Development, Road Frontage
Lot Dimensions: 0.79 Acre(S)
Municipality: Cumberland
Parking Notes: Fenced, Paved Parking, Private
Sewer: Public Sewer
Special View Info: City
Total Garage/Parking Spaces: 48
Units: 1
Utilities: Water Available, Sewer Available, Under Ground
Water: Public

Local Schools

School District: ALLEGANY COUNTY PUBLIC SCHOOLS

Listed By / Shown By

Listed By

Agency Name: Samson Properties
Agency Phone: 3049182740

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