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Mixed-Use Property with Restaurant

169 CENTRE St, Cumberland, MD 21502

For Sale
New
$295,000

The property combines a bar and restaurant operation with two short-term rental accommodations.

Property SizeContact for details
Days on Market4

Property Features for 169 CENTRE St

General Information

Standard status Active
Property subtype Commercial

Additional Details

Business Included Yes
Currently Operating Yes

Taxes and HOA fees

Annual Taxes $2,425

Building Details

Year Built 1900
Listing Agency: Charis Realty Group
Listed By: Dan W DeBlock · License #5010265
Source: Elliman
Added: Nov 4 Last Checked: Nov 6 at 10:16AM

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 Charis Realty Group

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

At 169-171 N Centre Street, the mixed-use property includes an established bar and restaurant operation alongside two Airbnb accommodations. The building dates to 1900, creating a single property with hospitality and short-term lodging components.

The address is in Cumberland, Maryland, with a walk score of 82, a bike score of 55, and a transit score of 23.

Key Highlights

  • Bar and restaurant operation on site
  • Two Airbnb accommodations
  • Built in 1900

Property Analytics

Current Use

Conventional restaurants

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.

Lease Details

Turnkey business
Opportunity

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 Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - The property combines a bar and restaurant operation with two short-term rental accommodations.
Where is this mixed-use property located?
The property is located at 169 CENTRE St Cumberland, MD.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: Bar and restaurant operation on site; Two Airbnb accommodations; Built in 1900
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