327 Baltimore AveCumberland, MD 21502

  • Warehouses
  • 7,056 SF
For Sale
$89,000 View listing

Property Details for 327 Baltimore Ave

Year built
1910
Construction
BRICK
Lot size
0.09 AC
Property size (Sq ft)
7,056 SF
Zone code
R-O
Property type
Warehouses
APN
22-009494
APU
22009494

Description

This substantial 7,056 square foot industrial building at 327 Baltimore Avenue in Cumberland, MD, presents a unique investment opportunity. The three-story concrete block structure sits on a 0.09-acre lot and offers exceptional versatility. Each level is easily accessible via a freight elevator, ideal for efficient material handling. The main floor includes existing office space, ready for immediate use. The upper and lower levels provide extensive storage areas, complete with sturdy shelving units. Electric heaters are installed on all three floors. Currently, the property's power is unavailable. The building is offered as-is, including all existing contents. Its prime location in a high-traffic area near downtown Cumberland makes it perfect for a variety of uses, from warehouse and production to mixed-use redevelopment. This property offers significant space and adaptability for entrepreneurs, investors, or anyone seeking a substantial structure at an exceptional price. The combination of size and price point makes this a compelling investment opportunity. Don't miss this chance to acquire a building with immense potential and bring your vision to life.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,922,268
    Hospitality
    $1,760,787
    Educational
    $1,464,954
    Medical
    $1,515,336
    Retail
    $2,278,817

Location Insight

City
Cumberland
County
Allegany
State
Maryland
Latitude
39.6546
Longitude
-78.756
CBSA code
19060
CBSA name
CUMBERLAND, MD-WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$761
$12,900
$68,900
$81,800
-
$12,900
$68,900
$81,800

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