Property profile

213 Greene St Cumberland, MD 21502

OFF-MARKET
Specialty properties
Property ID
US40-0954175
16,006 SF 0.73 ac lot Built 1960
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Property summary

AI-generated overview

This exceptional commercial property, located at 213 Greene St in Cumberland, Maryland, presents a unique investment opportunity. The 16,006 square foot building sits on a 0.73-acre lot comprised of five parcels, offering high visibility and traffic due to its prime downtown location. Built in 1960, the structure has been well-maintained, though the seller has disclosed some basement water intrusion during periods of exceptionally heavy rainfall. The main level is handicap accessible. The property is zoned B-L and features two units, previously used as a church but offering endless possibilities for a variety of commercial ventures. The significant land value contributes substantially to the overall asking price of $425,000. Its location on a corner provides full access and excellent exposure. This property is ideal for an investor seeking a versatile space with significant potential in a desirable Maryland location. The building's history as a church provides a solid foundation, while the expansive space and prime location offer a blank canvas for future development. The substantial lot size offers ample room for expansion or additional development.

Property profile

Verified
Property type Specialty properties
Year built 1960
Total area 16,006 SF
Lot 0.73 ac (31,799 SF)
UPID US40-0954175

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

213 Greene St Cumberland, MD 21502
Cumberland metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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