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$450,000
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.

300 W Industrial Blvd, Cumberland

Listing courtesy of Samson Properties. Contact: 3049182740

$140,000
124 Bedford St is a rare multi-family or commercial opportunity in the heart of Historic Downtown Cumberland. Built in 1895 and offering more than 3,000 square feet, this stately brick property features three separate apartments, each occupying its own floor—ideal for an investor, an owner-occupant, business offices or anyone looking to expand their portfolio in Western Maryland. Step inside to find ornate original woodwork, a grand winding staircase, high baseboards, and an intricately detailed fireplace mantel that showcase the craftsmanship of a bygone era. The main level includes a spacious 1-bedroom apartment, a versatile room with a decorative fireplace, and a welcoming grand foyer with both interior and exterior access to all units. The second floor hosts another 1-bedroom apartment, plus a flexible office/studio/bonus room and an additional half bath located in the hallway. The third-floor apartment features a generously sized layout with a large eat-in kitchen, making it an attractive rental option. A spacious basement provides abundant storage and potential laundry or workshop space. At the rear of the property is a charming courtyard where exterior stairs allow private access to all three levels and the spacious landings offer room for outdoor leisure in a walkable urban setting. Located just steps from shops, restaurants, and the vibrant energy of Downtown Cumberland, this property blends historic charm with income-producing potential. A fantastic opportunity to invest in Mountain Maryland.

124 Bedford St, Cumberland

Listing courtesy of Coldwell Banker Premier. Contact: (301) 777-3380

$199,000
Appraised value in 2023 was just under $200,000. Built in 1968, the former Mt Savage United Methodist Church is approximately ±9200 SF over two levels. On the main level is the bright, spacious sanctuary with pew seating for an estimated 175 people. The rear foyer/hallway leads to numerous classrooms, meeting space, and offices on the main and lower level. Also on the lower level is the social hall and kitchen. The church has been updated and well maintained over the years. The stained glass windows were recently refinished, the boilers were reconditioned in 2022, the air conditioning units are newer, as is the roof. There is, however, dampness in an unused section of the lower level. Property specs: Map: 3M, Parcel: 153. Deeds: Liber 91/Folio 580 and Liber 376/Folio 563. Tax ID#s 13-008698 & 13-008701. Land parcel of ±26,152 SF, according to tax records. Foundation: Stone Exterior Walls: Brick and Vinyl Siding Roofing: Architectural Shingle over Sanctuary, Shingle over Classrooms Ceiling: Drop Ceiling and Acoustic Tiles Floor Covering: Carpet and Linoleum Heating: Natural Gas Hot Water Baseboard and Radiators Air Conditioning: Central Zoning: R-1, Residential 1. Per the county’s Table of Permissible Uses, R-1 zoning permits: Single-family dwellings, duplexes, accessory apartments, storage garages under 1200 sf, and institutional uses. Institutional uses include: schools, daycare centers, hospitals, churches, cemeteries, funeral homes, government offices, nursing homes, group homes, fire stations, community buildings, fraternal organizations, publicly-owned recreation areas or any similar government or private use. The property includes a garage and two parking lots. One parking lot is approximately 70’x80’ and the rear lot is approximately 30’x35’. Year Built: Per tax record, 1968. To schedule a tour, please have your real estate professional book through ShowingTime. There is no option to lease the building. The seller has limited knowledge about the property and welcomes buyers to undertake a full inspection. The property will be sold as is; seller will make no repairs. Owner financing may be available for a full-price offer. Commercial loan terms: 30% down, 7.5% interest, amortized over 20 years, 5-year balloon. The seller makes no representation regarding condition, zoning, or use. Buyers should address any issues during the study period. To submit an LOI, please request a term sheet. The seller has its own commercial purchase agreement and its own closing agent. This is a commercial sale. PROPERTY IS WINTERIZED.

12619 New Row Nw, Mount Savage

Listing courtesy of PraiseBuildings Religious Property. Contact: 8552042400

$299,000
4 Beds 2 Baths
PRICE REDUCED!!! Welcome to this inviting 4 Bedrooms, 2 bath split level home, perfectly sitated in a peaceful, private setting. This property offers a wonderful blend of comfort, functionality, and charm. Step inside to find a bright and spacious layout, ideal for both everyday living and entertaining. The main level features a welcoming living room that flows seamlessly into the dining room and kitchen, 4 comfortable bedrooms and a full bath. The basement level contains family room , full bath, laundry , utility room and a one car built in garage. For car enthusiasts or those in need of extra storage, there is also a one car detached garage with a full bath and a one car carport. Enjoy relaxing on the front porch, perfect for morning coffee or greeting guests, or unwind on the rear enclosed porch, overlooking the tranquil backyard. This well maintained property offers privacy and practicality, making it a wonderful place to call home! The property has recently been surveyed and contains approximately 7.18 acres+-.

10331 Greenwood St, Ellerslie

Listing courtesy of Appalachian Realty. Contact:

$275,000
Discover a unique investment opportunity with this charming commercial property, built in 1920 and brimming with potential. Nestled in a prime location, this brick structure offers a solid foundation for your next venture. With no association fees or restrictive covenants, you have the freedom to maximize your investment without unnecessary overhead. The building is currently rented by Wholesome Harvest Grocery Store and Restaurant Co-op and various massage and yoga providers. The building's classic architecture provides a timeless appeal, while its versatile layout allows for creative customization to suit various business models. Seize this opportunity to own a piece of real estate that not only holds historical charm but also offers a pathway to financial success. Don't miss out on the chance to make your mark in the commercial landscape!

28 W Main St W, Frostburg

Listing courtesy of The Goodfellow Agency. Contact:

$75,000
3 Beds 1 Baths
This beautifully renovated turnkey half-duplex offers the ideal blend of charm, updates, and income potential. Recently updated in 2024, the home features refinished original hardwood floors, an updated kitchen, and a modernized full bathroom, creating a move-in-ready space with timeless appeal. The main level offers a spacious living room and dining room, perfect for entertaining, while the home includes three comfortable bedrooms and one full bath. Step outside to enjoy a rear yard with off-street parking, a rare and valuable convenience. A fantastic opportunity for investors or buyers looking to live in one unit while building equity—don’t miss this one! Rental income is currently $1,150 per month

132 Arch St, Cumberland

Listing courtesy of Charis Realty Group. Contact: 2408015011