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Downtown Cumberland Turnkey Commercial Building
For Sale
$525,000

35 CENTRE STREET, Cumberland, MD 21502

Prime retail space with expansion potential and equipped commercial kitchen.

Property Size9,765 SF
Price / SF$53.76
Days on Market202

Property Features for 35 CENTRE STREET

General Information

Standard status Active
Size 9,765 SF
Property subtype Mixed Use

Taxes and HOA fees

Annual Taxes $3,455

Amenities

Central Air
3
Hardwood, Ceramic Tile
Parking.
On Street.

Building Details

Year Built 1900
Listing Agency: Charis Realty Group
Listed By: Stephen MacGray · License #652984
Source: Xome
Added: Feb 3 Changed: Aug 23 Last Checked: Aug 24 at 4:40AM

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

Investment Insights

Based on property information with market context.

Located in the heart of Historic Downtown Cumberland, this brick commercial building benefits from the newly renovated Main Street Streetscape Project completed in 2024. The property offers high visibility and strong foot traffic. The first floor features a flexible retail space, currently configured as a sake bar, suitable for immediate operation or customization. The second level offers versatility with potential for private events, gallery space, offices, or residential conversion, featuring soaring ceilings. A fully equipped commercial kitchen includes a large hood system, walk-in cooler, and walk-in freezer, making it a turnkey opportunity for food-based businesses. The property is situated along a busy corridor with consistent foot and vehicle traffic, part of the Reimagine Historic Downtown Cumberland initiative. The surrounding area includes shops, restaurants, and cultural attractions. The location is considered a Walker's Paradise with a score of 92, and is Bikeable with a score of 62. The transit score is 25, indicating some transit options are available. The property represents an investment opportunity in Downtown Cumberland.

Key Highlights

  • Prime location in the heart of Historic Downtown Cumberland within the newly renovated Main Street Streetscape Project (2024).
  • Fully equipped commercial kitchen with hood system, walk‑in cooler, and walk‑in freezer, offering a turnkey opportunity for food‑based businesses.
  • Flexible first‑floor retail space, currently operating as a sake bar, ready for immediate use or customization.

Property Analytics

Current Use

Bars & Pubs

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
Well-served
Demand for This Use

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

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
Rey
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Similar Off Market Nearby

  • Cumberland Outdoor Club Inc 31 Thomas St, Cumberland, MD 21502
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  • Desperado Bar & Grill 35 Potomac St, Ridgeley, WV 26753
  • American Legion post 13 101 winston st, cumberland, maryland 21502

Frequently Asked Questions

What type of property is this?
Bar & Pub - Prime retail space with expansion potential and equipped commercial kitchen.
Where is this bar & pub located?
The property is located at 35 CENTRE STREET Cumberland, MD.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Prime location in the heart of Historic Downtown Cumberland within the newly renovated Main Street Streetscape Project (2024).; Fully equipped commercial kitchen with hood system, walk‑in cooler, and walk‑in freezer, offering a **turnkey opportunity for food‑based businesses**.; Flexible first‑floor retail space, currently operating as a sake bar, ready for immediate use or customization.
More about this property
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