Price$899,900
Beds
0Baths
10,943Sf
Listing IDMDAL2005150
Price/SqFt$82.24
StatusACTIVE UNDER CONTRACT
Acres
0.270
CountyAllegany
Year Built1977
Property TypeCommercial Sale
Property Sub TypeMixed Use
ENTREPRENEURS, DELIGHT!! THIS PROPERTY CHECKS SO MANY BOXES THAT IT IS ALMOST IMPOSSIBLE TO MENTION THEM ALL! CONSIDER A HIGH CLASS CORPORATE OWNER'S APARTMENT OR CORPORATE HEADQUARTERS INCLUDING AN OVER-THE-TOP, ONE-OF- A- KIND ART COLLECTION CURRATED OVER MANY YEARS BY THE PREVIOUS OWNER THAT WOULD ALMOST BE CONSIDERED PRICELESS AND ALL FURNISHINGS ARE INCLUDED AS WELL JUST TURN THE KEY AND IT IS ALL YOURS. ADD TO THAT, A SECOND INCOME- PRODUCING 2 BEDROOM APARTMENT, AND THEN 4 ADDITIONAL STORE FRONTS TOTALLING $6000 IN INCOME EVERY MONTH (EXCLUDING OWNER'S APARTMENT). FACTOR IN THAT THIS PROPERTY IS LOCATED IN THE HEART OF THE NEWLY REVITALIZED MIDTOWN DEVELOPMENT THAT INCLUDES NEW EATING ESTABLISHMENTS, SHOPS, ART GALLERIES AND MORE. CONSIDER TOO, THAT DOWNTOWN CUMBERLAND HAS RECENTLY DECIDED TO CONTINUE THIS AMAZING REVITALIZATION PROJECT TO INCLUDE THE MAIN THOROUGHFARE OF BALTIMORE ST INCLUDING MODERN, UPTOWN HOUSING AND EVEN MORE SHOPS AND RETAIL. ONE MUST ALSO FACTOR IN THAT THE CITY OF CUMBERLAND IS THE HUB OF THE GREAT ALLEGHENY BIKE PASSAGE WHICH ATTRACTS AS MANY AS 178000 TOURISTS EACH YEAR AND ALSO BOASTS OF MAJOR TOURIST ATTRACTIONS INCLUDING THE WESTERN MARYLAND SCENIC RAILROAD AND THE OVER-ABUNDANCE OF HISTORIC RICHNESS! THERE IS SO MUCH TO OFFER HERE FOR THE FORWARD THINKING INVESTOR!! DESIGNED BY MARIO DIDI OUT OF NEW YORK CITY, YOU CAN ONLY IMAGINE WHAT IS INSIDE--IT IS VERY WELL BUILT AND IS DEFINITELY AN "UPTOWN" PROPERTY--IT ALSO PROVIDES A MASSIVE FULL, TOTALLY DRY BASEMENT WHICH COULD BE RENTED FOR MORE INCOME OR AT THIS TIME, SELLER PROVIDES EACH STORE FRONT ROOM FOR STORAGE IF DESIRED. THERE ARE A TOTAL OF 14 PRIME PARKING SPACES IN THE REAR AND A CHARMING COURTYARD TO ADD TO ITS DESIRABILITY!
ONCE YOU SEE THIS INCREDIBLE STRUCTURE AND THE ADDED TREASURES IT HAS TO OFFER, YOU WILL IMMEDIATELY WANT TO INVEST IN ONE OF THE MOST IMPRESSIVE, MOVE -IN COMMERCIAL PROPERTIES IN MIDTOWN, CUMBERLAND AND SHARE IN ITS AMAZING REVITALIZATION PLANS! AS IF THAT ISN'T ENTICING ENOUGH, IT ALSO COMES WITH A CLASS "A' LIQUOR LICENSE (SEPARATE FROM THE LEASED BAR ALREADY IN EXISTENCE).!!!! ONE'S MIND GOES TO AN INTIMATE BOURBON AND CIGAR BAR OVERLOOKING THE COURTYARD WHICH COULD BE A LOVELY SUMMER OUTSIDE SEATING EXPERIENCE--IT DOESN'T GET MUCH BETTER THAN THIS! JUST WAIT TO SEE THE ART-- AND TO THINK, THIS COULD ALL BE YOURS!!!
County
Allegany
Price/SqFt
82.24
Property Sub Type
Mixed Use
Property Type
Commercial Sale
Year Built
1977
Zoning
B-CBD
Building Total SqFt Source
Assessor
Central Air
no
Cooling Type
Heat Pump(s)
Heating
yes
Heating Type
Hot Water
Building Units Total
3
Car Parking Spaces
14
Construction Materials
Brick
Cooling Fuel
Electric
Foundation Details
Concrete Perimeter
Heating Fuel
Electric
Hot Water
Electric
Lot Size Source
Assessor
Lot Size Units
Square Feet
New Construction
no
Roof
Rubber
Sewer Septic
Public Sewer
Tidal Water
no
Total Garage and Parking Spaces
14
Type of Parking
Parking Lot, On Street
Water Access
no
Water Oriented
no
Water Source
Public
Water View
no
Country
US
In City Limits
yes
Location Type
Downtown
MLS Area
N Cumberland - Allegany County (MDAL1)
Municipality
Cumberland
Views
Street, City
Waterfront
no
Accessibility Features
Elevator
Business Type
Day Care Facility, Flex, Hair Salon and Spa, Health Club, Manufacturing, Medical, Professional, Restaurant/Bar, Shopping Center, Storage, Other, Banquet Facility/Lodge, Bed and Breakfast
Days on Market
70
Land Use Code
C
Potential Tenancy
Multiple
Property Condition
Very Good
Year Assessed
2023
Year Built Source
Assessor
Automatically Update Tax Values
yes
Inclusions
COMPREHENSIVE LIST WILL BE PROVIDED.
Net SqFt
10943
Ownership Interest
Fee Simple
Possession
Negotiable
Riparian Rights
no
Sale Type
Standard
Tax Annual Amount
9729
Tax Assessed Value
537600
Tax Data Updated
no
Tax Year
2023
Vacation Rental
no
Contact - Listing ID MDAL2005150
Perry Wellington Realty, LLC
1103 N. Juniata Street
Hollidaysburg, PA 16648
Phone: 814-695-5323
Phone Alt: 814-934-5246
Fax: 866-615-5412
Offices in MD, WV, FL and SC
Listing courtesy of Perry Wellington Realty, LLC (240) 979-4660
© 2023 Bright MLS. All rights reserved. Information Deemed Reliable, but Not Guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Listing courtesy of Perry Wellington Realty, LLC. Data last updated on Saturday, April 1st, 2023 02:59:16 AM.
Data services provided by IDX Broker

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