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    1050 Industrial Blvd Cumberland, MD 21502

    Sponsored
    For Lease
    Contact for pricing

    Prime Retail Space, Multiple Units Available

    Lot size:
    5,810 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail opportunity is located at 1050 W Industrial Blvd, Cumberland, MD 21502. The South Cumberland Shopping Center offers two immediately available spaces ranging from 1,800 to 4,010 square feet, with a potential total of up to 9,342 square feet. This established center boasts a strong tenant mix, including major anchors such as Save-a-Lot (Cumberland Foods), Western Medical Health System, and Optimal Health Care, ensuring high visibility and foot traffic. Since 2014, over $2.6 million has been invested in capital improvements, reflecting a commitment to maintaining a high-quality shopping environment. The property enjoys a strategic location, just 2.4 miles from downtown Cumberland and adjacent to the Greater Cumberland Regional Airport. Its position on Rt-51 benefits from a high daily traffic count of 16,000 vehicles, providing excellent exposure to potential customers. This is an ideal location for businesses seeking high visibility and a strong established customer base in a thriving community. The property is classified as Commercial Retail with multiple tenancies. The available spaces present a unique opportunity to establish or expand a retail presence in a well-maintained and highly visible shopping center. Contact us today to learn more about this exciting opportunity.

    Property Features for 1050 Industrial Blvd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,810 SF

    Unit(s) available at that property

    Space
    Space 4
    Size
    1,800 SF
    Space
    Space 5
    Size
    4,010 SF

    HighLights

    • 1,800‑4,010 SF retail space available in South Cumberland Shopping Center, Cumberland, MD; up to 9,342 SF total potential.
    • Strong tenant mix including Save‑a‑Lot, Western Medical Health System, and Optimal Health Care.
    • Over $2.6M in capital improvements since 2014.
    • High visibility location on Rt‑51 with 16,000 daily vehicles, 2.4 miles from downtown and adjacent to the Greater Cumberland Regional Airport.
    • Strong local employment base including Western Maryland Health System (2,000+), Frostburg State University (1,000+), and others.
    Property Profile Location Intelligence

    Current Use by Public Records

    Save A Lot Grocery Store Hot Stove Bingo Bingo Hall Aaron's Rent To Own Furniture Store Dr. Bhavani Vaddey Family Practice Physician Casto John N ... Gastroenterologist

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Cumberland
    County
    Allegany
    State
    Maryland
    Longitude
    -78.7502876
    Latitude
    39.6313697

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    Nearby Similar for Lease

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      View Details

    FAQs

    What type of property is this?
    Retail property - Prime Retail Space, Multiple Units Available
    Where is this retail property located?
    The property is located at 1050 Industrial Blvd Cumberland, MD.
    What are key features of this property?
    This property features: 1,800-4,010 SF retail space available in South Cumberland Shopping Center, Cumberland, MD; up to 9,342 SF total potential.; Strong tenant mix including Save-a-Lot, Western Medical Health System, and Optimal Health Care.; Over $2.6M in capital improvements since 2014.
    Request Owner's contact information
    1050 Industrial Blvd Cumberland, MD 21502
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    Cumberland, MD 21502
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1050 Industrial Blvd Cumberland, MD 21502
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