Property summary
This fee-simple medical office building, located at 909 Seton Dr in Cumberland, Maryland (zip code 21502), presents a fantastic investment opportunity. The 2,584 square foot building sits on a 0.05-acre lot and boasts 25 parking spaces, a significant advantage for both staff and patients. Constructed in 1973, the property is zoned for commercial use and features a single tenancy. The interior layout is well-suited for medical practices, including five exam rooms, three half-baths, a kitchen, several professional offices, a billing office, a staff break room, and two large basement rooms. The building also includes a reception area. The asking price is $249,900, translating to $96.71 per square foot. Its convenient location next to Allegany High School offers excellent visibility and accessibility. The property is ready for immediate occupancy or can be adapted to suit a variety of uses. The Allegany County property's APN is 0106048862. This is a turnkey opportunity in a developing area.
Property profile
VerifiedCap rate & NOI
Current use
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Foster Care Service Social Service Agency
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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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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