Five-Story Commercial Asset in
145 Baltimore St, Cumberland, MD 21502
Historic building with redevelopment potential in revitalizing downtown Cumberland.
Type:Street Retail
Property size:
19,480 SFPrice / SF:
$16/SF- Added:
- May 8, 2026
- Days on Market:
- 16
- Last Refresh:
- May 8 at 2:39 pm
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 agent Elizabeth Rhodes License #4989775 (301) 707-9922
Listing office Coldwell Banker Premier (301) 707-9922
Listing date May 8, 2026
Source Thebrokerlist
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All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Premier
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.
- Features both a passenger and a freight elevator, facilitating flexible redevelopment and operational efficiency.
- Expansive display windows provide unmatched visibility along the promenade.
- Covered entry area offers additional upside for experiential uses such as outdoor dining or pop‑up retail.
Overview
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.
Location Intelligence
Current Use by Public Records
Storefront properties
Similar Places Nearby
- Cumberland Floral — 909 Frederick St, Cumberland, MD 21502
- Martin's Floral — Cumberland, MD 21502
Location Insight
- Map
- Local Demand
- City
- Cumberland
- County
- Allegany
- State
- Maryland
- Longitude
- -78.7599721
- Latitude
- 39.6517086
Nearby Similar for Sale
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.
