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Mixed-Use Building with Freight Elevator
For Sale
$256,000

145 BALTIMORE Street, Cumberland, MD 21502

Commercial Sale, CUMBERLAND, MD

Property SizeContact for details
Lot Size0.12 Acres
Days on Market433

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 Ceiling Fan(s), Central Air

Amenities

two elevators
window display area
covered front entry area

Building Details

Year built 1910
Number of units 3
Building materials Masonry
Listing Agency: Coldwell Banker Premier · Coldwell Banker Real Estate
Listed By: Elizabeth A Rhodes · License #4989775
Added: Jul 22, 2025 Changed: Sep 8 Last Checked: Sep 27 at 2:06PM
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 masonry mixed-use property constructed in 1910, with two floors dedicated to retail space and additional areas on the upper levels. The layout provides room for office, residential, or other business uses, as described for the available upper-level areas. Customer access is supported by a front elevator, while a larger freight elevator serves the rear of the building.

Located on Baltimore Street in downtown Cumberland, the property includes a covered entrance area and an extensive window display area suited to retail presentation. Building systems include forced-air heating, central air conditioning, and ceiling fans. The property occupies 0.1171 acres in Cumberland, Maryland.

Key Highlights

  • Two floors of retail space
  • Upper‑level areas identified for office, residential, or other business uses
  • Front customer elevator and rear freight elevator

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Auto Parts Store (Bike/Boat/Book/etc) Store Catering Service Tech Support Center Tanning Salon 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

1,470
Businesses Nearby
213k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 54% Shops & Services 39% Electronics 3% Groceries 2%
Chick-fil-A Dining
39,205 visits/mo 0.3 miles
Sheetz Shops & Services
33,701 visits/mo 0.5 miles
McDonald's Dining
20,050 visits/mo 0.1 miles
Wendy's Dining
19,218 visits/mo 0.2 miles
Roy Rogers Dining
16,552 visits/mo 0.2 miles

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Masonry construction with retail floors, upper-level areas, and front and rear elevator service.
Where is this mixed-use property 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: Two floors of retail space; Upper‑level areas identified for office, residential, or other business uses; Front customer elevator and rear freight elevator
More about this property
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