For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    27 FIRST St Frostburg, MD 21532

    View on Map
    Claim this Listing
    New
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $599,500

    Seven-unit apartment complex near downtown Frostburg and Frostburg State University.

    Type:Commercial
    Added:
    Apr 24, 2026
    Days on Market:
    7
    Last Refresh:
    Apr 24 at 8:15 pm

    Property Features for 27 FIRST St

    General Information

    Standard status
    Active
    Property subtype
    Commercial

    Building Details

    Year Built
    1921

    We can help!

    Listing Contact
    Cynthia R Sullivan
    Cynthia R Sullivan

    Listing agent Cynthia R Sullivan

    Listing office Sullivan Select, LLC.

    Listing date Apr 24, 2026

    Source Elliman

    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 Sullivan Select, LLC.


    Overview

    Frostburg Apartment Complex Investment Opportunity

    This seven-unit apartment complex is centrally located in downtown Frostburg, Maryland, and is situated less than one mile from Frostburg State University and minutes from the Great Allegany Passage. The property is zoned C3, a vibrant mixed-use town center commercial district. This zoning is suitable for the downtown/town-center area, typically allowing a mix of retail, office, residential above the ground floor, and other compatible uses as outlined in the city’s zoning ordinance. The units are occupied by long-term tenants. One furnished unit is currently vacant, previously used for the owner's personal use, and is available for rental income. The location has a walk score of 83, indicating it is very walkable, and a bike score of 39, indicating it is somewhat bikeable.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Frostburg
    County
    Allegany
    State
    Maryland
    Longitude
    -78.9281986
    Latitude
    39.6584383

    FAQs

    What type of property is this?
    Apartment building - Seven-unit apartment complex near downtown Frostburg and Frostburg State University.
    Where is this apartment building located?
    The property is located at 27 FIRST St Frostburg, MD.
    What is the asking price?
    The asking price for this property is $599,500.
    What are key features of this property?
    This property features: Seven‑unit apartment complex in a central downtown location; Zoned C3, allowing for mixed‑use development (retail, office, residential); Close proximity to Frostburg State University (less than one mile)
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message