Views - Seller Financing
Listed By:
Andrew R Fultz with Samson Properties - 3049182740;
Address
300 W Industrial Boulevard, Cumberland, MD
Price
$ 450,000
Property Attributes
  • MLS#MDAL2013456
  • TypeCommercial
  • Listing Status ACTIVE
  • CountyALLEGANY
  • CityCumberland
  • AreaS Cumberland - Allegany County
  • Zip21502
  • StyleCold Storage
  • Year Built1920
  • Taxes$ 1377
  • Price$ 450,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage22888
  • Lot Size0.79 Acres
Data Source:
Bright MLS
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.

Price History
11/20/2025 Listed $450,000

General Features

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
County ALLEGANY
New Construction No
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 No
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 No
Vacation Rental Y/N No
Virtual Tour https://tour.giraffe360.com/7c7383f77c154fe781813e4a49bc278b
Location Type Corner Lot/Unit
Standard Status Active
Year Built Source Estimated
Tax Lot 62-67
Association Recreation Fee No

Interior Features

Heating Fuel Electric,Natural Gas Available
Flooring Concrete,Tile/Brick
Hot Water None
Heating Y/N Yes
Central Air Y/N Yes
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 No
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 No
Door Features Insulated
Total Loading Docks 9
Road Responsibility City/County
Land Assessed Value 39600.00
Navigable Water Y/N No
Water Oriented Y/N No
Fencing Y/N Yes
LotDimensionsSource Estimated
Car Parking Spaces 40

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 21502

Price
AVG $550K
$450K
Year Built
AVG 1919
1920
Visits
AVG 199
163
Data Provided by Inside Real Estate®

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