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28691935
28691937

300 W Industrial Blvd, Cumberland, MD 21502

AF
MD 5014168, WV WV0029152 (+3)
The Fultz Real Estate Group
Listed by The Fultz Real Estate Group
$450,000
182 days on market
Updated 163 days ago

Old Dairy - Future Mixed Use

Details
Property Type Industrial, Mixed Use (+3)
Sub Type Apartment Building, Flex (+1)
Square Footage 22,888
Price per SqFt $20
Broker Co-Op Yes
Year Built 1920
Stories 2
Acreage 0.790
Zoning Mixed Use
Investment Type Redevelopment
Ceiling Height 8-22'
Loading Docks 9

Mixed Use | 22,888 SqFt

Marketing description


This commercial property presents a compelling investment opportunity, strategically located on a prominent corner lot with excellent road frontage. Traffic Count of nearly 15k. Spanning 0.79 acres, the level terrain offers versatility for various development options. Originally constructed in 1920, the building features a robust mix of materials, including block and concrete, though it requires significant rehabilitation, presenting an opportunity for value-add renovations. The now gutted condition allows for potential investors to capitalize on the property's intrinsic value through strategic improvements and opportunity. Some engineering plans exist for the addition of roughly 16 apartments, the potential for an indoor storage facility and even a cold storage/office area. The city location enhances the appeal, making it suitable for a range of commercial uses if those ideas aren't for you. With fenced, paved parking available, this property is poised for growth in a dynamic market. Investors can anticipate substantial returns by revitalizing this asset in a location with promising future development potential. NDA and HHA required before showings are granted. Build to Suit option available.

Investment highlights

•Mixed Use Available

•Multiple Business Possibilities

•Roughly 16 apartments

•Easy access from I-68

Listing Contacts

AF
MD 5014168, WV WV0029152 (+3)
The Fultz Real Estate Group
Listed by The Fultz Real Estate Group

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Additional Information

Name
Andrew Fultz
License
5014168
Brokerage
Samson Properties
Brokerage Phone
3042614559
Title
SALESPERSON
Brokerage Address
5202 Presidents Court
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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