Five-Story Commercial Asset in
145 Baltimore St Cumberland, MD 21502
145 Baltimore St, Cumberland, MD, 21502
$320,000
For Sale
$320,000
Historic building with redevelopment potential in revitalizing downtown Cumberland.
Property Size19,480 SF
Price / SF$16.43
Days on Market76
Property Features for 145 Baltimore St
General Information
- Standard status
- Active
- Size
- 19,480 SF
- Property subtype
- Street Retail
Building Details
- Year Built
- 1910
Listing agency
Coldwell Banker Premier
(301) 707-9922
Listed by
Elizabeth Rhodes · License #MD5480
(301) 707-9922
Source
Thebrokerlist
Added: May 8 Updated: Jul 10 at 3:57PM Checked: Jul 19 at 1:45AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Premier
Investment Insights
Based on property information with market context.
This five-story commercial asset, known as the historic Peskins Building, offers approximately 19,480 square feet of space. Located on Baltimore Street in downtown Cumberland, Maryland, the property has been a local commercial landmark for decades. It is situated across from the revitalized Rosenbaum and the Gateway Center, benefiting from the city's revitalization efforts, including the $16 million transformation of the Downtown Mall. The building's layout includes two floors previously used for retail and multiple upper levels suitable for repositioning. The property is suited for various income-producing possibilities, including retail, office, residential, hospitality, or a mixed-use concept. The infrastructure supports redevelopment, featuring a front-facing passenger elevator and a rear freight elevator. Expansive display windows offer visibility along the promenade. A covered entry area provides additional space for experiential uses such as outdoor dining or pop-up retail. The location is designed to attract residents, businesses, and visitors.
Key Highlights
- Prime location on Baltimore Street in Cumberland, benefiting from the city's major revitalization efforts and increased pedestrian traffic.
- Significant value‑add potential through repositioning upper levels for retail, office, residential, hospitality, or mixed‑use.
- Approximately 19,480 square feet spanning five stories, offering substantial space for various commercial ventures.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Storefront properties
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FAQs
What type of property is this?
Storefront property - Historic building with redevelopment potential in revitalizing downtown Cumberland.
Where is this storefront property located?
The property is located at 145 Baltimore St Cumberland, MD.
What is the asking price?
The asking price for this property is $320,000.
What are key features of this property?
This property features: Prime location on Baltimore Street in Cumberland, benefiting from the city's major revitalization efforts and increased pedestrian traffic.; Significant value‑add potential through repositioning upper levels for retail, office, residential, hospitality, or mixed‑use.; Approximately 19,480 square feet spanning five stories, offering substantial space for various commercial ventures.
