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Remodeled Office Building
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131 N Centre St, Cumberland, MD 21502

Multi-suite office property with updated interiors, dedicated parking, and finished workspace across two office components.

Property Size11,400 SF
Days on Market144

Property Features for 131 N Centre St

General Information

Standard status Active
Size 11,400 SF
Total Parking Spaces 20
Property subtype Office

Building Details

Year Renovated 2015
Buildings 2
Listing Agency: Coldwell Banker Professional Real Estate Services Cumberland
Listed By: Liz Rhodes · License #MD and 5480
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 6:02PM

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 Professional Real Estate Services Cumberland

Investment Insights

Based on property information with market context.

This office property includes approximately 9,000SF +/- of finished workspace in the primary building. Improvements completed from 2010–2012 include three restrooms, a kitchenette, tankless water heater, drywall, flooring, wiring, and plumbing in the front portion, while the rear area received new carpet and paint during the same period.

A separate 2,400SF +/- insurance office building was remodeled around 2015, including the completion of approximately half of its second floor from previously unfinished attic space. On-site parking accommodates approximately 20 vehicles.

Key Highlights

  • Approximately 9,000SF +/- of finished office space
  • Separate 2,400SF +/- insurance office building
  • Front portion remodeled from 2010–2012

Property Analytics

Current Use

SETH LOAR, Coldwell ... Real Estate Agency Johnathan Loughrie, Coldwell ... Real Estate Agency Ben Maust - Realtor Real Estate Agency Coldwell Banker Professional ... Real Estate Agency Janet Stevens - Realtor Real Estate Agency

Suggested Use

Top Pick Auto Parts Store (Bike/Boat/Book/etc) Store Catering Service Home Appliance Store Tech Support Center Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,467
Businesses Nearby

Demographics for 21502, MD

41,153
Population
19,562
Households
2.1
Avg Household Size
44
Median Age
20%
College-Educated
89%
High-School Grad
92.1 sq mi
ZIP Area
447
Density / Sq Mi
$58,721
Median Household Income
$39,507
Median Earnings
$771
Median Rent
$151,400
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Multi-suite office property with updated interiors, dedicated parking, and finished workspace across two office components.
Where is this office building located?
The property is located at 131 N Centre St Cumberland, MD.
What are key features of this property?
This property features: Approximately 9,000SF +/- of finished office space; Separate 2,400SF +/- insurance office building; Front portion remodeled from 2010–2012
More about this property
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