513 National Lavale, MD ^$ 389,900

513 National

^$ 389,900

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513 National

Lavale, MD, 21502

^$ 389,900

Bedrooms-- Baths-- Sq 5,600

Monthly Estimate*

^$ 2,432

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Commercial Property for sale in Lavale, MD

for $389,900. This 5,600 square foot building was built in 1915 on a lot size of 0.9.

Investment Property within minutes of I-68 East or West! This timeless gem is well known to the area as it has previously been Bunnies Restaurant and The Cumberland Oil Company! This property currently operates as a 9-unit apartment complex that is turn-key ready! Spacious parking, outside of city limits, close to many amenities as you travel west, and close to Downtown Historic Cumberland when travelling East. Your next investment awaits!

Commercial Active

Price

^$ 389,900

Property Type

Commercial

Taxes

^$ 4,686

Style

Apartment Building

Lot Size

0.9

Year Built

1915

Town/City

Lavale

County/Region

Allegany

MLS | Web ID

MDAL2012766

Features

Interior

Heating Fuel Electric

Hot Water Natural Gas Electric

Heating Y/N Y

Central Air Y/N N

General

Sewer Public Sewer

Heating 90% Forced Air

Cooling Ceiling Fan(s)

Possession Immediate

Roof Other

Zoning C

Construction Materials Concrete

Year Built 1915

Electric Other

Property Subtype Five Or More Units

Tax Year 2025

Ownership Fee Simple

Cool Fuel Electric

Gross Income 5400.00

Business Type Apartment Building

Accessibility 2+ Access Exits

County ALLEGANY

Operating Expense 125.00

New Construction N

Property Type Commercial Sale

Water Access Y/N N

Status ACTIVE

Directions GPS

City LAVALE

Number Of Units Total 9

MLS Area LaVale - Allegany County (MDAL4)

Lot Size Units Square Feet

Lot Size Square Feet 39204.00

Tax Annual Amount 4686.0

Electric Expense 90.00

Fuel Expense 350.00

Property Condition Average

Trash Expense 55.00

Price Per Sq Ft Total AG 69.62

Vacation Rental Y/N N

Standard Status Active

Year Built Source Assessor

Exterior

Water Source Public

Type of Parking Parking Lot

Water View Y/N N

Building Area Total 5600.00

Lot Size Acres 0.90

Water Body Type Creek

Lot Size Source Estimated

Waterfront Y/N N

Navigable Water Y/N N

Water Oriented Y/N Y

Internal Only

Street Number 1 513

* Excluded Features

List By

Coldwell Banker Premier

Broker

mandi.floyd85@gmail.com

Affordability Calculator

$2,823

Per Month

Monthly Principal & Interest: $2,432
Monthly Property Taxes: $391
Monthly Home Insurance: --

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Yearly 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

Trends
Schools

Commerical listings in Lavale, MD

Average List Price ^$839,739

Percent of Sale Price 115%

About Lavale, MD

3,525 Population

-3% Since 2002

^$52,150 Median Income

45.64 Median Age

21% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2136830 Elementary School

2137124 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
8/29/2025	$389,900		Listed Price

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513 National, Lavale, MD, 21502 is a Commercial Property for sale at $389,900 with 5,600 sqft and a lot size of 0.9. 513 National was built in 1915. The property's zip code is 21502 which is in Lavale, MD

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BrightMLS Broker Reciprocity^SM program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Weichert, Realtors® participates, and is provided by BrightMLS through a licensing agreement.

Real estate listings held by brokerage firms other than Weichert, Realtors® are marked with the Broker Reciprocity icon (a little black house) and detailed information about each listing includes the name of the listing broker.

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513 National

Commercial Property for sale in Lavale, MD

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