71 Prospect Sq Cumberland, MD 21502
This exceptional mixed-use property, situated at 71 Prospect Square in Cumberland, Maryland, presents a unique investment opportunity. The building encompasses 4,140 square feet and sits on a 0.16-acre lot. Its strategic location near the Courthouse and the heart of downtown Cumberland ensures high visibility and accessibility. The property's current configuration includes professional office space, ideal for a variety of businesses seeking a prominent presence in a thriving urban setting. The building's size and layout offer flexibility for potential expansion or adaptation to suit diverse operational needs. Given its central location, the property benefits from significant foot traffic and proximity to essential amenities, making it an attractive proposition for both established businesses and new ventures. The asking price of $250,000 represents a compelling value for a property of this caliber in a desirable downtown location. This is an excellent chance to acquire a well-positioned mixed-use building with significant potential for growth and return on investment. The property's proximity to the courthouse and downtown area guarantees a steady stream of potential clients and customers. Serious inquiries are encouraged to explore this promising investment opportunity further.
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G. Gary Hanna Law Law Firm
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Mc Whirter Patrick J CPA Accounting Firm Tax Preparation
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.