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208 Market Street Cumberland, MD $ 1,150,000
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$ 1,150,000 Get more info
208 Market Street
$ 1,150,000
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208 Market Street

Cumberland, MD, 21502
$ 1,150,000
Baths0.0 Sq 16,800

Monthly Estimate*

$ 7,643

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Studio

Commercial Property for sale in Cumberland, MD

for $1,150,000. This 16,800 square foot building was built in 1900 on a lot size of 1.47.

First time on market since 1980 Originally the Ice House for Queen City Brewery, converted to 6 bay truck repair facility in 1980 and successfully operated into 2024. 1.47 acres plus useful areas in public easements. Large brick - steel industrial building (1900) building with 7 large drive in doors, 12,952 measured main floor PLUS 3,386 Concrete roof decks with well maintained roofing. Built to handle massive floor loads. Just 1,500' from the center of town - big useful building with a very big parking lot. Property is adjacent to but outside of Historic District. Over 500' frontage on Wills Creek, WMSR Scenic RR, GAP Trail eastern terminus/ C&O canal Western Terminus @ Canal Place is 1/4 mile walk away. Great opportunity to continue with truck repair/inspections/parts use or redevelop into Night Club Health Club Recreational Uses, Restaurant, Loft Apartments, Antiques, Art Gallery, Retail....

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Commercial Active

Price

$ 1,150,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 6,475

Style

Auto Related,Bed and Breakfast,Apartment Building

Lot Size

1.47

Year Built

1900

Town/City

Cumberland

County/Region

Allegany

MLS | Web ID

MDAL2008414
Features
Interior
Heating Fuel Natural Gas
Flooring Concrete
Hot Water Electric
Total Stories 2
Heating Y/N Y
Street Suffix STREET
Central Air Y/N N
Total Restrooms 3
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General
Sewer Public Sewer
Heating Space Heater Other
Cooling Wall Unit Window Unit(s)
Utilities Cable TV Available Water Available Sewer Available Phone Available Natural Gas Available Electric Available
Possession Negotiable Coin w/Sell Sett Settlement
Roof Built-Up Concrete Flat Metal Pitched Other
Zoning I-G
Construction Materials Brick
Year Built 1900
Electric 3 Phases
View Creek/Stream Mountain Park/Greenbelt
Topography level
Property SubType Mixed Use
Tax Year 2024
Percent Ownership Fee Simple
Cool Fuel Electric
Municipality Cumberland
Business Type Auto Related Bed and Breakfast Apartment Building Garden Center Health Club Institutional Other/General Retail Parking Lot Recreation Restaurant/Bar School Storage Theater Truck Maintenance Facility
Waterfront Features None
Accessibility None
County ALLEGANY
New Construction N
Property Type Commercial Sale
Possible Use Apartment Building Apartments Automotive Bar/Tavern/Lounge Barber/Beauty Bed & Breakfast Beer/Wine/Liquor Car Wash Church Clothing Commercial Day Care Development Distribution Financial Flex Space Fl
Water Access Y/N N
Status ACTIVE
Directions N/S Market Street between Cumberland Street and North Mechanic Street. Frontage on Wills Creek Scenic RR and GAP Trail
City CUMBERLAND
Buyer Agent Compensation 2.5
Disclosures None
Zoning Description Industrial uses permitted most commercial mixed use retail etc. Has been used for heavy truck service and parts with impound
NumberOfUnitsTotal 1
MLS Area W Cumberland - Allegany County (MDAL3)
Lot Size Units Square Feet
Lot Size Square Feet 64033.00
Waterfront Y/N Y
Street Name MARKET
Tax Annual Amount 6475.0
Property Condition Good
Price Per Sq Ft Total 68.45
Acceptable Financing Cash Conventional Negotiable Other
Lease Considered Y/N Y
Vacation Rental Y/N N
Days on Market 87
Location Type Downtown
Standard Status Active
Year Built Source Assessor
Buyer Agent Compensation Type % Of Gross
Association Recreation Fee N
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Exterior
Parking Features Paved Parking Fenced Lighted Parking Surface Unassigned
Lot Features Adjoins - Public Land Backs - Parkland Level Other
Water Source Public
Inclusions Some shelving may convey - negotiable if included in P&S agreement.
Type of Parking Parking Lot
Water View Y/N Y
Building Area Total 16800.00
Lot Size Acres 1.47
Road Surface Type Access - On Grade Black Top Paved Other
Water Body Type Creek
Lot Size Source Assessor
Soil Types Unknown
Road Responsibility City/County Public
Land Assessed Value 58800.00
Navigable Water Y/N N
Water Oriented Y/N Y
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Internal Only
Street Number 1 208
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* Excluded Features
List By
Long & Foster Real Estate, Inc.

Broker

dmacy1@icloud.com

Email

Affordability Calculator

$8,183
Per Month
93%
7%
0%
Monthly Principal & Interest
$7,643
Monthly Property Taxes
$540
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
6/1/2024$1,150,000 -9.80% Price Down
3/7/2024$1,275,000 Listed Price

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208 Market Street, Cumberland, MD, 21502 is a Commercial Property for sale at $1,150,000 with 16,800 sqft and a lot size of 1.47. 208 Market Street is a studio with 0.0 baths and was built in 1900. The property's zip code is 21502 which is in Cumberland, MD

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