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    215 Elder St Cumberland, MD 21502

    Sponsored
    For Sale
    $1,750,000

    Commercial/Industrial - CUMBERLAND, MD

    Lot size:
    2.43 Acres
    Days on Market:
    187
    Last Refresh:
    Jan 5 at 2:06 pm

    Property Features for 215 Elder St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Parking features
    Other, Parking Lot
    Lot size
    2.43 Acres

    Utilities

    Heating system
    Space Heater
    Cooling system
    Wall Unit(s)

    Building Details

    Year built
    1921
    Flooring type
    Wood
    Building materials
    Block
    Roof type
    Metal
    Architectural style
    Other

    Long & Foster Real Estate (888) 536-0216

    Listing agent Doug Macy (888) 536-0216

    Listing date Jul 3, 2025

    MLS# MDAL2010930 Listing URL

    Copyright © 2025 Long & Foster Real Estate. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    CUMBERLAND Commercial/Industrial Opportunity

    This commercial and industrial property is located in Cumberland, MD, approximately 350 feet from the C&O Canal National Historical Park and the GAP Trail. Situated on Canal Parkway, it connects Mineral County, WV, to Downtown Cumberland, MD. The property features a large, older building with glass blocks, exposed beams, and a large covered open-air section. Recent metal roofing has been installed. The building, previously used for manufacturing shipping crates, pallets, and boxes for about 100 years, includes three very large clear-span areas without columns. The largest area could be opened up to create higher ceilings by removing the wood floor and pouring a new one. The 2.43-acre site is located on a busy corner and has entrances on two side streets. The entire site is fenced. It benefits from a Liberal Business-Commercial Zoning designation and has all public utilities on site. The location sees over 11,000 cars per day. The property may be suitable for a large restaurant, microbrewery, or entertainment complex.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Cumberland Box & Mill ... Manufacturer

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cumberland
    County
    Allegany
    State
    Maryland
    Longitude
    -78.77146417
    Latitude
    39.62941445

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    FAQs

    What type of property is this?
    Restaurant - Large commercial building near C&O Canal and GAP Trail.
    Where is this restaurant located?
    The property is located at 215 Elder St Cumberland, MD.
    What is the asking price?
    The asking price for this property is $1,750,000.
    What are key features of this property?
    This property features: - High-traffic location on a busy corner with over 11,000 cars per day and entrances on two side streets.; - Large, versatile building (over 11,000 sq ft) with clear-span areas suitable for restaurant, microbrewery, or entertainment complex.; - Proximity to C&O Canal National Historical Park and GAP Trail (350') on Canal Parkway.
    (888) 536-0216
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    215 Elder St Cumberland, MD 21502
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    Cumberland, MD 21502
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    215 Elder St Cumberland, MD 21502
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