Property summary
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
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Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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