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650 N Mechanic Street Cumberland, MD $ 360,000
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$ 360,000 Get more info
650 N Mechanic Street
$ 360,000
Back to search
Share Save

650 N Mechanic Street

Cumberland, MD, 21502
$ 360,000
Baths0.0 Sq 11,362

Monthly Estimate*

$ 2,393

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Studio

Commercial Property for sale in Cumberland, MD

for $360,000. This 11,362 square foot building was built in 1955 on a lot size of 0.04.

Must have proof of funds or pre-approval, serious buyers only. Tenants require 48 hrs notice prior to showing. Attention Investors!! HUGE PRICE REDUCTION!!! This Commercial / Residential property is full of possibilities!! Close to the Narrows, this property backs onto the Canal waterway. #650, #700, #702, #704, #706, #708, #710 and #712 Mechanic St are all part of this unique property. Updated offices, conference room and plenty of storage and restrooms. Multiple retail spaces and 7 apartments with 5 units currently rented. Large open recreation room above a huge garage with an oversize garage door and opener. This sale includes the following tax ID #'s 05015138, 050155146, 05015197, 050252273 and 05002494

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Commercial Active

Price

$ 360,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 1,178

Style

Apartment Building,/General Retail

Lot Size

0.04

Year Built

1955

Town/City

Cumberland

County/Region

Allegany

MLS | Web ID

MDAL2007108
Features
Interior
Heating Fuel Natural Gas Electric
Hot Water Electric
Heating Y/N Y
Street Suffix STREET
Central Air Y/N Y
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General
Sewer Public Sewer
Heating Baseboard - Hot Water Forced Air
Cooling Window Unit(s) Central A/C
Possession 31-60 Days CD
Zoning R-O
Construction Materials Block
Year Built 1955
Property SubType Five Or More Units
Tax Year 2024
Percent Ownership Fee Simple
Cool Fuel Electric
Municipality Cumberland
Business Type Apartment Building Other/General Retail
Accessibility None
County ALLEGANY
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions Exit #43B off 68. Centre St (one way St) to Franklin St turn left to Property
City CUMBERLAND
Buyer Agent Compensation 2.5
Total Units 1
MLS Area N Cumberland - Allegany County (MDAL1)
Lot Size Square Feet 1646.00
Waterfront Y/N N
Street Name MECHANIC
Tax Annual Amount 1178.0
Price Per Sq Ft 215.57
Vacation Rental Y/N N
Days on Market 222
Standard Status Active
Year Built Source Assessor
Buyer Agent Compensation Type % Of Gross
Association Recreation Fee N
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Exterior
Water Source Public
Type of Parking On Street Private Garage
Water View Y/N N
Building Area Total 1670.00
Lot Size Acres 0.04
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 6500.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 650
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* Excluded Features
List By
Charis Realty Group

Broker

dandeblock3@gmail.com

Email

Affordability Calculator

$2,491
Per Month
96%
4%
0%
Monthly Principal & Interest
$2,393
Monthly Property Taxes
$98
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% 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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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/14/2024$360,000 -4.00% Price Down
3/21/2024$375,000 -9.09% Price Down
12/29/2023$412,500 -3.51% Price Down
11/8/2023$427,500 -1.72% Price Down
9/21/2023$435,000 Listed Price

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650 N Mechanic Street, Cumberland, MD, 21502 is a Commercial Property for sale at $360,000 with 11,362 sqft and a lot size of 0.04. 650 N Mechanic Street is a studio with 0.0 baths and was built in 1955. The property's zip code is 21502 which is in Cumberland, MD

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