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    1206 Oldtown Rd Cumberland, MD 21502

    Sponsored
    For Sale
    $209,999

    Prime Location, Versatile Space, High Potential

    Property size:
    12,996 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional mixed-use commercial property, located at 1206 E Oldtown Road in Cumberland, Maryland, presents a unique investment opportunity. The building offers a substantial 12,996 square feet of usable space, spread across two floors, making it suitable for a variety of commercial ventures. Previously used as a combination office, sheet metal fabrication shop, and warehouse, the property's adaptable layout allows for diverse business applications. Three convenient drive-in doors provide easy access for loading and unloading, while two bathrooms cater to employee and customer needs. The property sits on a 0.2-acre corner lot, offering excellent visibility and accessibility. A significant advantage is the recently installed roof, completed in 2021, ensuring long-term structural integrity and minimizing maintenance concerns. This property is priced at $209,999 and represents a compelling opportunity for businesses seeking a well-maintained, versatile space in a desirable Cumberland location. Its flexible design and strategic placement offer endless possibilities for growth and expansion, making it an ideal choice for entrepreneurs and established businesses alike. The combination of ample space, convenient features, and a recent roof replacement makes this a truly attractive commercial property.

    Property Features for 1206 Oldtown Rd

    General Information

    Property type
    Mixed-use properties
    Square Feet
    12,996 SF
    Lot Size
    8,712 SF

    Building Details

    Year Built
    1940
    Property Profile Location Intelligence

    Current Use by Public Records

    C & C Sheet ... Sheet Metal Contractor

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Cumberland
    County
    Allegany
    State
    Maryland
    Longitude
    -78.74635
    Latitude
    39.63605

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    FAQs

    What type of property is this?
    Mixed-use property - Prime Location, Versatile Space, High Potential
    Where is this mixed-use property located?
    The property is located at 1206 Oldtown Rd Cumberland, MD.
    What is the asking price?
    The asking price for this property is $209,999.
    (240) 580-8494
    Request Owner's contact information
    1206 Oldtown Rd 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
    1206 Oldtown Rd Cumberland, MD 21502
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