Advertise
    Frostburg, MD
    Mixed-Use

    Frostburg, MD Mixed-use Properties for Sale

    Notify Me
    List
    Map
    Eckhart Mines, MD Mount Savage, MD Lavale, MD Midland, MD Cresaptown, MD Lonaconing, MD Hyndman, PA Rawlings, MD
    Historic Residence with Commercial Addition
    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.
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    58 FROST AVE, FROSTBURG, MD 21532

    View Property Analytics

    • 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
    View Property Analytics
    Mixed-Use Storefront with Apartments
    Updated: Jun 16
    Mixed-Use Storefront with Apartments

    39 S Broadway, Frostburg, MD 21532

    $260,000
    Historical commercial property with a ground‑floor storefront
    Includes two one‑bedroom apartments upstairs
    Located just blocks from Downtown Frostburg
    Storefront plus residential units for combined commercial and rental use
    View details
    Downtown Frostburg Mixed-Use Building
    Downtown Frostburg Mixed-Use Building

    8 S BROADWAY, Frostburg, MD 21532

    $315,000

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

    View details
    Based on your search, we've compiled 24 Potential Opportunities for your consideration. Besides 3 Active listings in Frostburg, MD, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 13 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Spacious Commercial Property on 1.3 Acres
    Spacious Commercial Property on 1.3 Acres

    702 S Kimberly Avenue, Somerset, PA 15501

    $250,000
    5,500 sqft 1.30 AC lot

    Commercial property with office, warehouse, and detached buildings for sale.

    View details
    Multi-Use Commercial Property For Sale
    Multi-Use Commercial Property For Sale

    118 West Main Street, Somerset, PA 15501

    $1,130,000
    22,572 sqft

    Multi-use commercial property with suites and parking in Somerset, PA.

    View details
    Mixed-Use Property in Historic District
    Mixed-Use Property in Historic District

    303 WASHINGTON St, Cumberland, MD 21502

    $225,000
    0.13 AC lot

    Versatile property in Cumberland's historic district with multiple potential uses.

    View details
    Mixed-Use Property on National Highway
    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.

    View details

    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
    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.

    View details
    Bedford Land with Development Potential
    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.

    View details
    Wooded Waterfront Land with Road Frontage
    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.

    View details
    Corner Development Lot in R-3
    Corner Development Lot in R-3

    Smithfield/Hitchman Street, Mount Pleasant, PA 15666

    $56,869
    0.55 AC lot

    Level corner lot zoned R-3, previously used as a parking lot, offering flexible residential and some commercial development options.

    View details

    Off-Market Properties in Frostburg, MD

    Consider similar Off-Market properties in Frostburg, MD. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    38 Maple St
    STORES & APARTMENTS

    38 Maple St, Frostburg, MD 21532-1825

    Value Estimation by Request
    2,718 sqft 0.18 AC lot
    View details
    8 Taylor St
    STORES & APARTMENTS

    8 Taylor St, Frostburg, MD 21532-1707

    Value Estimation by Request
    1,391 sqft 0.13 AC lot
    View details
    27 Linden St
    STORES & APARTMENTS

    27 Linden St, Frostburg, MD 21532-2113

    Value Estimation by Request
    2,115 sqft 0.18 AC lot
    View details
    7 Ormand St
    STORES & APARTMENTS

    7 Ormand St, Frostburg, MD 21532-1704

    Value Estimation by Request
    2,280 sqft 0.03 AC lot
    View details
    124 Main St
    STORES & APARTMENTS

    124 Main St, Frostburg, MD 21532-1349

    Value Estimation by Request
    2,858 sqft 0.17 AC lot
    View details
    41 Maple St
    STORES & APARTMENTS

    41 Maple St, Frostburg, MD 21532-1822

    Value Estimation by Request
    1,596 sqft 0.10 AC lot
    View details
    32 Linden St
    STORES & APARTMENTS

    32 Linden St, Frostburg, MD 21532-2114

    Value Estimation by Request
    1,362 sqft 0.20 AC lot
    View details
    117 Candlewick Ct
    STORES & APARTMENTS

    117 Candlewick Ct, Frostburg, MD 21532-2458

    Value Estimation by Request
    1,389 sqft 0.13 AC lot
    View details
    34 Maple St
    STORES & APARTMENTS

    34 Maple St, Frostburg, MD 21532-1825

    Value Estimation by Request
    1,856 sqft 0.11 AC lot
    View details
    30 Federal St
    STORES & APARTMENTS

    30 Federal St, Frostburg, MD 21532-1515

    Value Estimation by Request
    2,400 sqft 0.06 AC lot
    View details
    142 Mechanic St
    STORES & APARTMENTS

    142 Mechanic St, Frostburg, MD 21532-1541

    Value Estimation by Request
    1,872 sqft 0.14 AC lot
    View details
    201 Main St
    STORES & APARTMENTS

    201 Main St, Frostburg, MD 21532-1942

    Value Estimation by Request
    1,688 sqft 0.12 AC lot
    View details
    144 Main St
    Mixed-use properties

    144 Main St, Frostburg, MD 21532

    Value Estimation by Request
    6,792 sqft 0.26 AC lot
    View details

    Frostburg, MD Mixed-Use Properties Market Trends and Statistics

    Explore 16 mixed-use properties for sale in Frostburg, MD, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 5,700 square feet of properties for sale, with an estimated market value of $875,000.

    Sale prices for multi use buildings in Frostburg, MD start at $875,000, averaging $875,000, 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.

    List
    Map

    Demographics Overview

    Population 13K
    Population Growth (5Y) -12.9%
    Median Household Income $60,158
    College Educated 49.5%

    High-Yield Neighborhoods for Investment

    Identify Frostburg submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    21532 $398.7K

    Taxes & Financing

    Tax Rate (average for all types) 1.02%
    Property Tax per SF $17.56 per SF
    Tax Rate vs County Average 0.03 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Allegany County

    New Delisted

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Browse Mixed-use properties for Sale Near Frostburg, MD

    Popular Searches in Frostburg, MD

    Popular Categories

    Most Searched ZIP Codes in Frostburg, MD

    • 21532

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!