131 Baltimore St, Cumberland, MD 21502 For Sale

This property is available for sale or lease. This is an early 1900s building located in the the middle of the historic downtown Cumberland mall. This is a very attractive tourist location, enhanced by arts festivals, biking, and a scenic railroad.

The city and county have undertaken a large project to modernize its and convert the 1800s buildings to residences. (This small CVS closed because the renovation project temporarily reduced sales.) The city gives various grants and tax benefits for new businesses. As a result, new tenants and owners are moving into the area, and many new residents, such as digital nomads are attracted. A boutique hotel is nearing completion a block away from the subject property.

The building has been renovated and is in very good condition. It is suitable for multiple uses, but the downtown mall needs a general store with some groceries, pharmacy or a convenience store with multiple uses. It could e a second-hand clothing store or consignment store. Some equipment was left in the property to facilitate a quick business startup to serve the increasingly populous downtown mall.

The property spans approximately 11,000 square feet, including a second floor of about 800 square feet that could be converted into an apartment. The property also includes a basement of about 5068 sf. The building is in very good condition and has a brand new roof. Contact tvakrinos at gmail, 703-7314844.