71 Prospect Square Cumberland, MD $ 199,000
71 Prospect Square
$ 199,000
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71 Prospect Square

Cumberland, MD, 21502
$ 199,000
Bedrooms-- Baths-- Sq 4,140

Monthly Estimate*

$ 1,374

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Commercial Property for sale in Cumberland, MD

for $199,000. This 4,140 square foot building was built in 1875 on a lot size of 0.16.

Set in the heart of a historic downtown, this distinguished 1875 brick building pairs timeless character with flexible commercial and residential space. Located across from the County Courthouse, this building is surrounded by professional offices, a library, churches, and other treasured historic buildings. The first floor offers professional office space, as well as storage and a bathroom with a shower. High ceilings, crown molding, abundant natural light, and window bays framed by generous windows lend the offices a gracious, welcoming atmosphere. Two offices feature decorative fireplaces for display purposes only, adding to the buildings historic appeal. Upstairs, a two-bedroom, one-bath apartment provides a private retreat, complete with a rooftop patio and views of the Potomac River. With more than 4,000 square feet of space and a central location of just 2 hours from Washington, D.C., Baltimore, and Pittsburgh, this distinctive property offers a rare opportunity to bring business, history, and residential living together under one roof. Call Today to Schedule a Tour!

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Commercial Active

Price

$ 199,000

Property Type

Commercial

Taxes

$ 2,220

Style

Professional

Lot Size

0.16

Year Built

1875

Town/City

Cumberland

County/Region

Allegany

MLS | Web ID

MDAL2016242

Features
Interior
Heating Fuel Natural Gas
Flooring Hardwood
Hot Water Electric
Heating Y/N Y
Central Air Y/N N
Total Restrooms 1
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General
Sewer Public Sewer
Heating Baseboard - Hot Water
Cooling Window Unit(s)
Possession Settlement
Zoning COMMERCIAL
Construction Materials Brick
Year Built 1875
View River Street Mountain
Property Subtype Office
Tax Year 2026
Ownership Fee Simple
Cool Fuel Electric
Business Type Professional
Accessibility None
County ALLEGANY
New Construction N
Property Type Commercial Sale
Possible Use Office Professional Service Apartments
Water Access Y/N N
Status ACTIVE
Directions From Mechanic Street in Cumberland turn onto Baltimore Street then proceed onto Washington Street. At the top of the hill turn left onto Prospect Square. Building will be straight ahead.
City CUMBERLAND
Number Of Units Total 2
MLS Area W Cumberland - Allegany County (MDAL3)
Lot Size Units Square Feet
Lot Size Square Feet 7160.00
Tax Annual Amount 2220.0
Property Condition Average
Price Per Sq Ft Total AG 48.07
Vacation Rental Y/N N
Location Type Business District
Standard Status Active
Year Built Source Assessor
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Exterior
Parking Features Public
Water Source Public
Type of Parking Off Site On Street
Foundation Details Permanent
Water View Y/N Y
Building Area Total 4140.00
Lot Size Acres 0.16
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 35800.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 71
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* Excluded Features
List By
Charis Realty Group

Broker

sherryraserealtor@gmail.com

Email

Affordability Calculator

$1,559
Per Month
88%
12%
0%
Monthly Principal & Interest
$1,374
Monthly Property Taxes
$185
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
Pricing History
DatePricePrice ChangeDescription
10/23/2026$199,000 Listed Price

Map


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71 Prospect Square, Cumberland, MD, 21502 is a Commercial Property for sale at $199,000 with 4,140 sqft and a lot size of 0.16. 71 Prospect Square was built in 1875. The property's zip code is 21502 which is in Cumberland, MD