Mixed-Use Landmark Retail
For Sale
$256,000
145 BALTIMORE Street, Cumberland, MD 21502
Commercial Sale - CUMBERLAND, MD
Lot Size0.12 Acres
Days on Market378
Property Features for 145 BALTIMORE Street
General Information
Property type
Other
Property subtype
Retail
Elementary school district
ALLEGANY COUNTY PUBLIC SCHOOLS
Middle school district
ALLEGANY COUNTY PUBLIC SCHOOLS
High school district
ALLEGANY COUNTY PUBLIC SCHOOLS
Standard status
Active
Lot size
0.12 Acres
Taxes and HOA fees
Tax Annual Amount
1885
Utilities
Heating system
Forced Air
Cooling system
Central Air, Ceiling Fan(s)
Building Details
Year built
1910
Number of units
3
Building materials
Masonry
Listing Agency:
Coldwell Banker Premier · Coldwell Banker Real Estate
(301) 777-3380
Listed By:
Elizabeth A Rhodes · License #4989775
(301) 707-9922
Added: Jul 22, 2025
Changed: Jul 25
Last Checked: Aug 3 at 10:06AM
MLS# MDAL2012382
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The Peskins Building is a historic landmark offering two floors of retail space and multiple upper-level areas that can be adapted for a variety of needs. The building includes two elevators, with one elevator serving customers at the front and a large freight elevator at the rear.
A substantial window display area supports storefront visibility, and the covered front entry area provides an inviting, sheltered space at the building’s front.
This downtown Cumberland property is presented for sale and includes a compact lot footprint.
A substantial window display area supports storefront visibility, and the covered front entry area provides an inviting, sheltered space at the building’s front.
This downtown Cumberland property is presented for sale and includes a compact lot footprint.
Key Highlights
- The Peskins Building offers two floors of retail space plus multiple upper‑level areas for offices, residential units, or other uses
- Two elevators: a front customer elevator and a large rear freight elevator
- Masonry construction with forced‑air heating and central air (ceiling fans also included)
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,494
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Landmark downtown building with two retail floors, multiple upper-level areas, and both passenger and freight elevators.
Where is this retail space located?
The property is located at 145 BALTIMORE Street Cumberland, MD.
What is the asking price?
The asking price for this property is $256,000.
What are key features of this property?
This property features: The Peskins Building offers two floors of retail space plus multiple upper‑level areas for offices, residential units, or other uses; Two elevators: a front customer elevator and a large rear freight elevator; Masonry construction with forced‑air heating and central air (ceiling fans also included)