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    OFF-MARKET
    Churches & religious facilities

    213 Greene St, Cumberland, MD 21502

    16,006 SF 0.73 ac lot Built 1960
    Property ID
    US40-0954175
    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 Churches & religious facilities
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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