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Brian Foraker

brian@forakersales.com +1(302) 420-4616

Listed by Andrew Fultz • Samson Properties

$ 450,000

Est. payment | -/mo

0.79 Acres Lot

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$ 450,000

Est. payment | -/mo

Save Virtual Tour

0.79 Acres Lot

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID MDAL2013456

Year Built 1920

Available Date 2025-11-30

Annual Tax Amount $1,377

Tax Year 2026

Lot Size 0.790 Acres

Acres 0.79

Lot Dimensions 220 x 154 x 266 x 130

Property Sub-Type Mixed Use

Source BRIGHT

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.

Location

State MD

County Allegany

Area S Cumberland - Allegany County (Mdal2)

Zoning R-U

Interior

Hot Water None

Heating Forced Air, Baseboard - Electric

Cooling Central A/C, Window Unit(s)

Flooring Concrete, Tile/Brick

Inclusions Everything currently on site

Heat Source Electric, Natural Gas Available

Exterior

Garage Spaces 48.0

Utilities Available Water Available, Sewer Available, Under Ground

Water Access N

View City

Roof Type Asphalt,Rubber,Metal

Street Surface Black Top

Accessibility Entry Slope <1', 2+ Access Exits

Road Frontage City/County

Total Parking Spaces 48

Garage N

Building

Lot Description Corner, Level, Not In Development, Road Frontage

Foundation Slab

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Allegany County Public Schools

Others

Tax ID 0104027302

Ownership Fee Simple

Acceptable Financing Cash, Conventional, Joint Venture, Seller Financing, Bank Portfolio, Industrial Development Authority, Negotiable, Private, Rural Development

Listing Terms Cash, Conventional, Joint Venture, Seller Financing, Bank Portfolio, Industrial Development Authority, Negotiable, Private, Rural Development

Financing Cash,Conventional,Joint Venture,Seller Financing,Bank Portfolio,Industrial Development Authority,Negotiable,Private,Rural Development

Special Listing Condition Standard

Virtual Tour https://tour.giraffe360.com/7c7383f77c154fe781813e4a49bc278b

NEARBY SCHOOL & BUSINESS

+1(302) 420-4616

brian@forakersales.com

135 E State St, United States

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300 W INDUSTRIAL BLVD Cumberland, MD 21502