Address
650 N Mechanic Street, Cumberland, MD
Price
$ 375,000
Property Attributes
- MLS#MDAL2007108
- TypeCommercial
- CountyALLEGANY
- CityCumberland
- AreaN Cumberland - Allegany County
- Zip21502
- StyleApartment Building,/General Retail
- Year Built1955
- Taxes$ 1178
- Price$ 375,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage11362
- Lot Size1,742 SqFt
Data Source:
Bright MLS
Property Description
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
| Price History | |
|---|---|
| 9/21/2023 | Listed $435,000 |
| 11/8/2023 | 2% - $427,500 |
| 12/29/2023 | 4% - $412,500 |
| 3/21/2024 | 10% - $375,000 |
General Features
| 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 | 2023 |
| Percent Ownership | Fee Simple |
| Cool Fuel | Electric |
| Business Type | Apartment Building,Other/General Retail |
| Accessibility | None |
| County | ALLEGANY |
| New Construction | No |
| Property Type | Commercial Sale |
| Water Access Y/N | No |
| Status | ACTIVE |
| Directions | Exit #43B off 68. Centre St (one way St) to Franklin St turn left to Property |
| ModificationTimestamp | 2024-03-21T07:29:27 |
| City | CUMBERLAND |
| Buyer Agent Compensation | 2.5 |
| Total Units | 1 |
| MLS Area | N Cumberland - Allegany County (MDAL1) |
| Lot Size Square Feet | 1646.00 |
| Tax Assessed Value | 59200.0 |
| Waterfront Y/N | No |
| Street Name | MECHANIC |
| Tax Annual Amount | 1178.0 |
| Price Per Sq Ft | 224.55 |
| Vacation Rental Y/N | No |
| Days on Market | 194 |
| Standard Status | Active |
| Year Built Source | Assessor |
| Buyer Agent Compensation Type | % Of Gross |
| Association Recreation Fee | No |
Interior Features
| Heating Fuel | Natural Gas,Electric |
|---|---|
| Hot Water | Electric |
| Heating Y/N | Yes |
| Street Suffix | STREET |
| Central Air Y/N | Yes |
Exterior Features
| Water Source | Public |
|---|---|
| Total Parking Spaces | 1 |
| Type of Parking | On Street,Private Garage |
| Land Use Code | C |
| Water View Y/N | No |
| 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 | No |
| Water Oriented Y/N | No |
| Car Parking Spaces | 1 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 21502
Price
Taxes
Visits
Year Built
Walkscore
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