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$320,000 -$75,000 (-18.99%) Price Reduced

  • For Sale
  • Active
  • Retail
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Be a part of the revitalization of Downtown Cumberland. Known as The Peskins Building, this iconic landmark has been a cornerstone of Cumberland business for decades. Two floors of retail space, and multiple upper level areas just waiting to be used for offices, residential units or whatever your business may need. Two elevators, one for customers at the front and a large freight elevator at the rear of the building. The window display area is unmatched in any other building for many miles. The covered front entry area begs to be used for courtyard dining, a refreshment bar, artist displays and a multitude of other possibilities.

Full Property Details for 145 Baltimore St

General

  • Price: $320,000
  • Taxes: $1,885 (2024)
  • Status: Active
  • Type: Retail
  • Source: BrightMLSMidAtlantic
  • MLS ID: MDAL2012382
  • Updated: 4/24/2026
  • Added to Site: 276 day(s) ago

Business

  • Business Type: Big Box Retail

Interior

  • Flooring: Carpet, Hardwood

Parking

  • Parking Type: None

Location

  • Area: N Cumberland - Allegany County (MDAL1)
  • Municipality: Cumberland
  • County: ALLEGANY
  • Driving Directions: From mall portion of Baltimore St , property is on right just prior to George St
  • City Limits: Yes

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas
  • Water Heater: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Construction: Masonry
  • Building Size: 19480
  • Year Built: 1910
  • Year Built Source: Assessor

Unit Information

  • # Tenants: Multiple
  • Other Units: Unit 1, Unit 1, Unit 1, Unit 1, Unit 1

Lot Features

  • Property View: Street
  • Lot Size (Acres): 0.12
  • Lot Size (Sq. Ft.): 5,103
  • Lot Size Source: Assessor
  • Lot Dimensions: 40 x 126
  • Zoning: B-CBD

Financial Considerations

  • Price Per Sq. Ft.: $16.43
  • Assessment Year: 2025
  • City/TownTax: $1,000
  • City/TownTax Freq: Annually
  • County Tax: $884
  • County Tax Freq: Annually
  • Tax w/Assessment: $94,900
  • Tax Amount: $1,885
  • Tax Year: 2024

Disclosures and Reports

  • Ownership: Fee Simple
  • Inclusions: Turn key

Listed by Coldwell Banker Premier, Elizabeth A Rhodes

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Listing agent

— 145 Baltimore St —

  • Elizabeth A Rhodes

    Coldwell Banker Premier

Listing Office Email: stevedubrueler@premiermove.com

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 145 Baltimore St

School District:Allegany County Public Schools
NameGradesDistance
West Side Elementary School, Cumberland, MD
425 Paca Street, Cumberland, MD 21502
PK-50.7 mi
Braddock Middle School
909 Holland Street, Cumberland, MD 21502
6-81.1 mi
Allegany High School
900 Seton Drive, Cumberland, MD 21502
9-121.9 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 145 Baltimore St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/24/2026
Price Reduced
$320,000
-18.99%
MLS
10/14/2025
Price Reduced
$395,000
-7.06%
MLS
7/22/2025
Listed
$425,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 145 Baltimore St

Year
Property Taxes
Change
Tax Assessment
Change
2023
$874
—
$94,900
1%
2023
$874
—
$94,400
1%
2023
$874
2%
$93,900
1%
2020
$854
—
$92,633
1%
2021
$854
-1%
$92,000
—
2020
$860
-54%
$92,000
-53%
2019
$1,859
-1%
$195,600
-1%
2018
$1,875
—
$198,500
—
2017
$1,883
—
$198,500
—
2016
$1,890
-1%
$198,500
-13%
2015
$1,913
-12%
$229,400
—
2014
$2,170
—
$229,400
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Coldwell Banker Premier, Elizabeth A Rhodes

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145 Baltimore Street, Cumberland, MD 21502 (MLS# MDAL2012382) is a Retail property. 145 Baltimore Street is currently listed for $320,000 and was received on July 22, 2025. Want to learn more about 145 Baltimore Street? Do you have questions about finding other Retail real estate for sale in Cumberland? You can browse all Cumberland real estate or contact a Coldwell Banker agent to request more information.

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