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Property profile & analytics
OFF-MARKET
Mixed-use properties

71 Prospect Sq Cumberland, MD 21502

4,140 SF 0.16 ac lot Built 1875
Property ID
US40-0676220
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Mixed-use properties
Year built 1875
Total area 4,140 SF
Lot 0.16 ac (6,970 SF)
UPID US40-0676220
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
Current use
Occupant on record · Public records
  • G. Gary Hanna Law Law Firm
  • Mc Whirter Patrick J CPA Accounting Firm Tax Preparation
Value estimations
Realmo proprietary · 4 methods
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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