Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1068 National Hwy Cumberland, MD 21502

    For Sale
    $600,000

    High-traffic, 8-unit mixed-use property.

    Property size:
    13,072 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional mixed-use property, located at 1068 National Highway in Cumberland, MD, presents a unique investment opportunity. The 13,072 square foot building sits on a 0.91-acre lot and offers eight units totaling 3,219 square feet of commercial and residential space. Currently, the property houses a diverse range of businesses including outdoor sports, crafts, and dance studios, along with three vacant commercial units and three residential units. The high visibility location on National Highway ensures significant foot and vehicle traffic, further enhanced by prominent signage. The property benefits from convenient paved parking and is strategically situated amongst a thriving commercial district, including banks, retail stores, medical facilities, and various service businesses. Handicap accessibility is a key feature. The versatility of this property allows for a multitude of uses and potential expansion, making it an ideal investment for a savvy entrepreneur or investor seeking a strong return. The asking price is $600,000. This is a rare opportunity to acquire a well-located, established mixed-use property with significant upside potential in a growing market. Don't miss out on this chance to secure a prime piece of Cumberland real estate.

    Property Features for 1068 National Hwy

    General Information

    Property type
    Mixed-use properties
    Square Feet
    13,072 SF
    Lot Size
    39,640 SF

    Building Details

    Year Built
    1962
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Moen James R ... Family Practice Physician Bassin' Box Sporting Goods Store Steppin' Out School ... Dance School Country Road Primitive ... Craft Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Cumberland
    County
    Allegany
    State
    Maryland
    Longitude
    -78.8273
    Latitude
    39.63995

    Nearby Similar for Sale

    • $475,000
      0.22 Acres

      Cumberland Multifamily in Historic District

      Four-unit property in Cumberland's historic district, three units currently rented.
      312 Washington St, Cumberland, MD 21502
      View Details
    • $1,150,000
      1.47 Acres

      CUMBERLAND Industrial Building with Large Lot

      Spacious industrial building with truck repair bays and ample parking.
      208 Market St, Cumberland, MD 21502
      View Details
    • $2,800,000
      1.65 Acres

      Commercial/Industrial Property in LAVALE, MD

      Well-maintained commercial/industrial property with ample parking and storage.
      1285 National Hwy, Lavale, MD 21502
      View Details
    • $285,000
      2,794 SF

      Updated Four-Unit Apartment Complex

      Solid investment property near C&O canal, ready to lease.
      36 E Roberts St, Cumberland, MD 21502
      View Details
    • $1,750,000
      2.43 Acres

      CUMBERLAND Commercial/Industrial Opportunity

      Large commercial building near C&O Canal and GAP Trail.
      215 Elder St, Cumberland, MD 21502
      View Details
    • $220,000
      2,340 SF

      Historic Cumberland Multi-Family Opportunity

      Multi-family property in historic downtown Cumberland with income potential.
      124 Bedford St, Cumberland, MD 21502
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - High-traffic, 8-unit mixed-use property.
    Where is this mixed-use property located?
    The property is located at 1068 National Hwy Cumberland, MD.
    What is the asking price?
    The asking price for this property is $600,000.
    (240) 801-5011
    Request Owner's contact information
    1068 National Hwy Cumberland, MD 21502
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1068 National Hwy
    Cumberland, MD 21502
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    1068 National Hwy Cumberland, MD 21502
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.