Allegany County, MD Mixed-use Properties for Sale

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Baltimore, MD Salisbury, MD Hagerstown, MD Cumberland, MD Frederick, MD Easton, MD Annapolis, MD Ocean City, MD

6 properties

Updated: May 23

Historic Residence with Commercial Addition

58 FROST AVE, Frostburg, MD 21532

$875,000

5,700 sqft 2.10 AC lot

Large historic residence built in 1848, offering 5,700 sq ft +/-.
Features a massive 8,000 sq ft +/- modern commercial‑grade addition (steel and masonry).
Potential for up to 6 B&B rooms (zoning approval required).
Opportunity for home occupation, additional garages, or conversion for additional units (with BZA approval).
Plans to divide another building lot off of the rear corner.

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This listing looks promising.

Here's a quick look at some key insights for

58 FROST AVE, FROSTBURG, MD 21532

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Est. Cap Rate

7.5%
Above avg (5.9%)
Est. NOI

$65K
Annual
Price @ 7% Cap

$934K
Above asking
Last Sold

Jul 2023
$6K
Property Type

Residential Income
Built 1843

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Updated: Mar 11

Mixed-Use Property in Historic District

303 WASHINGTON St, Cumberland, MD 21502

$225,000

0.13 AC lot

Versatile zoning permits businesses, short‑term rentals, or full residential use.
Located in a desirable historic district on the West side of Cumberland.
Spacious residential unit with 3 bedrooms and 1.5 baths.
Features off‑street parking for guests or clients.
Currently configured with medical offices on the lower level.

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Mixed-Use Storefront with Apartments

39 S Broadway, Frostburg, MD 21532

$260,000

Ground-floor commercial storefront space is paired with two one-bedroom apartments upstairs.

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Downtown Frostburg Mixed-Use Building

8 S BROADWAY, Frostburg, MD 21532

$315,000

Mixed-use building with commercial space and residential apartment in Frostburg.

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Mixed-Use Property on National Highway

Lavale, MD 21502

$600,000

13,072 sqft 0.30 AC lot

Mixed-use property with high visibility and traffic.

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Mixed-Use Property on National Highway

1068 NATIONAL HIGHWAY, Cumberland, MD 21502

$600,000

3,219 sqft 0.91 AC lot

Mixed-use property with commercial and residential spaces on high-traffic highway.

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Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 6 Active listings in Allegany County, MD, we suggest exploring several alternatives: similar 66 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Industrial Land Available For Sale

300 W Industrial Blvd, Cumberland, MD 21502

$450,000

22,888 sqft

Land available near I-70 and I-68 in Cumberland, Maryland.

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Bedford Land with Development Potential

Off Sunnyside Road, Bedford, PA 15522

$259,000

2.34 AC lot

2.34 acres near downtown Bedford with utilities available.

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Wooded Waterfront Land with Road Frontage

Mt. Pleasant Rd, Mount Pleasant, PA 15666

$499,900

69.56 AC lot

Mostly wooded, varied acreage near Mount Pleasant with Jacobs Creek and frontage along Mount Pleasant Rd for flexible development.

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Martinsburg Land I-81 Visibility

INTERSTATE I-81 Corridor, Martinsburg, WV 25403

$1,950,000

53.39 AC lot

53+/- acres visible from I-81, ideal for development.

Value Estimation by Request

3,960 sqft 0.07 AC lot

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Allegany County, MD Mixed-Use Properties Market Trends and Statistics

Explore 72 mixed-use properties for sale in Allegany County, MD, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 21,991 square feet of properties for sale, with an estimated market value of $2,075,000.

Sale prices for multi use buildings in Allegany County, MD start at $600,000, averaging $691,666, and reaching up to $875,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Allegany County, MD Mixed-use Properties for Sale

58 FROST AVE, Frostburg, MD 21532

303 WASHINGTON St, Cumberland, MD 21502

39 S Broadway, Frostburg, MD 21532

8 S BROADWAY, Frostburg, MD 21532

Lavale, MD 21502

1068 NATIONAL HIGHWAY, Cumberland, MD 21502

Potential Development Sites for Consideration

300 W Industrial Blvd, Cumberland, MD 21502

Off Sunnyside Road, Bedford, PA 15522

Mt. Pleasant Rd, Mount Pleasant, PA 15666

INTERSTATE I-81 Corridor, Martinsburg, WV 25403

Off-Market Properties in Allegany County, MD

103 Greene St, Cumberland, MD 21502-2928

328 Mechanic St, Cumberland, MD 21502-2232

38 Maple St, Frostburg, MD 21532-1825

13100 Bedford Rd, Cumberland, MD 21502

634 Mechanic St, Cumberland, MD 21502-2113

8 Taylor St, Frostburg, MD 21532-1707

120 Winton Pl, Cumberland, MD 21502-2930

611 Elm St, Cumberland, MD 21502-3542

12508 Jennings Way, Corriganville, MD 21524

Rr Rr Rd Bedford, Cumberland, MD 21502

740 Greene St, Cumberland, MD 21502-2763

137 Polk St, Cumberland, MD 21502-2317

146 Polk St, Cumberland, MD 21502-2318

118 Winton Pl, Cumberland, MD 21502-2930

27 Linden St, Frostburg, MD 21532-2113

116 Springdale St, Cumberland, MD 21502-3947

411 Maryland Ave, Cumberland, MD 21502-3136

417 Maryland Ave, Cumberland, MD 21502-3136

Allegany County, MD Mixed-Use Properties Market Trends and Statistics

Mixed-use properties by market

Browse Mixed-use properties for Sale Near Allegany, MD

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Allegany County, MD Mixed-use Properties for Sale

58 FROST AVE, Frostburg, MD 21532

303 WASHINGTON St, Cumberland, MD 21502

39 S Broadway, Frostburg, MD 21532

8 S BROADWAY, Frostburg, MD 21532

Lavale, MD 21502

1068 NATIONAL HIGHWAY, Cumberland, MD 21502

Potential Development Sites for Consideration

300 W Industrial Blvd, Cumberland, MD 21502

Off Sunnyside Road, Bedford, PA 15522

Mt. Pleasant Rd, Mount Pleasant, PA 15666

INTERSTATE I-81 Corridor, Martinsburg, WV 25403

Off-Market Properties in Allegany County, MD

103 Greene St, Cumberland, MD 21502-2928

328 Mechanic St, Cumberland, MD 21502-2232

38 Maple St, Frostburg, MD 21532-1825

13100 Bedford Rd, Cumberland, MD 21502

634 Mechanic St, Cumberland, MD 21502-2113

8 Taylor St, Frostburg, MD 21532-1707

120 Winton Pl, Cumberland, MD 21502-2930

611 Elm St, Cumberland, MD 21502-3542

12508 Jennings Way, Corriganville, MD 21524

Rr Rr Rd Bedford, Cumberland, MD 21502

740 Greene St, Cumberland, MD 21502-2763

137 Polk St, Cumberland, MD 21502-2317

146 Polk St, Cumberland, MD 21502-2318

118 Winton Pl, Cumberland, MD 21502-2930

27 Linden St, Frostburg, MD 21532-2113

116 Springdale St, Cumberland, MD 21502-3947

411 Maryland Ave, Cumberland, MD 21502-3136

417 Maryland Ave, Cumberland, MD 21502-3136

Allegany County, MD Mixed-Use Properties Market Trends and Statistics

Mixed-use properties by market

Browse Mixed-use properties for Sale Near Allegany, MD

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