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116 Virginia Avenue Cumberland, MD $ 149,000
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$ 149,000 Get more info
116 Virginia Avenue
$ 149,000
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116 Virginia Avenue

Cumberland, MD, 21502
$ 149,000
Bedrooms-- Baths-- Sq 1,728

Monthly Estimate*

$ 930

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Commercial Property for sale in Cumberland, MD

for $149,000. This 1,728 square foot building was built in 1936 on a lot size of 0.03.

IMPROVED PRICE! THIS IS A GREAT INVESTMENT!!! Own this profitable laundromat with a long-term tenant occupying the upstairs apartment. The property features separately metered electric, with the owner covering approximately $250/month for gas, $200/month for water, and $200/month for electric. The seller nets approximately $1,200 to $1,300 per month. The apartment tenant pays $650/month plus electric and enjoys gas forced air heating. This solid brick building is conveniently located close to all amenities. Dont miss this fantastic income-generating property! Large parking lot! Call today to schedule a tour! Upstairs apartment does require a 24 hr. notice.

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Commercial Active

Price

$ 149,000

Property Type

Commercial

Taxes

$ 1,256

Style

Lot Size

0.03

Year Built

1936

Town/City

Cumberland

County/Region

Allegany

MLS | Web ID

MDAL2010938
Features
Interior
Heating Fuel Natural Gas
Flooring Carpet Tile/Brick Vinyl
Hot Water Natural Gas
Heating Y/N Y
Central Air Y/N N
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General
Sewer Public Sewer
Heating Forced Air
Cooling Ceiling Fan(s)
Possession Settlement
Roof Rubber
Zoning COMMERCIAL
Construction Materials Brick Block
Year Built 1936
Electric 200+ Amp Service
View City Mountain Street
Property Subtype Mixed Use
Tax Year 2024
Ownership Fee Simple
Cool Fuel Electric
Municipality Cumberland
Business Type Other
Accessibility None
County ALLEGANY
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions GPS
City CUMBERLAND
Disclosures Lead Based Paint - Federal Lead Based Paint - State
Number Of Units Total 2
MLS Area S Cumberland - Allegany County (MDAL2)
Lot Size Units Square Feet
Lot Size Square Feet 1440.00
Tax Annual Amount 1256.0
Property Condition Very Good
Price Per Sq Ft Total AG 57.48
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
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Exterior
Water Source Public
Type of Parking Parking Lot On Street
Foundation Details Block
Water View Y/N N
Building Area Total 2592.00
Lot Size Acres 0.03
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 4300.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 116
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* Excluded Features
List By
Exp Realty, Llc

Broker

pamterry1971@gmail.com

Email

Affordability Calculator

$1,034
Per Month
90%
10%
0%
Monthly Principal & Interest
$930
Monthly Property Taxes
$105
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
9/8/2025$149,000 -9.70% Price Down
5/10/2025$165,000 -5.71% Price Down
2/10/2025$175,000 Listed Price

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116 Virginia Avenue, Cumberland, MD, 21502 is a Commercial Property for sale at $149,000 with 1,728 sqft and a lot size of 0.03. 116 Virginia Avenue was built in 1936. The property's zip code is 21502 which is in Cumberland, MD

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