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$450,000
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Property Description
This commercial property presents a compelling investment opportunity, strategically located on a prominent corner lot with excellent road frontage. Traffic Count of nearly 15k. Spanning 0.79 acres, the level terrain offers versatility for various development options. Originally constructed in 1920, the building features a robust mix of materials, including block and concrete, though it requires significant rehabilitation, presenting an opportunity for value-add renovations. The now gutted condition allows for potential investors to capitalize on the property's intrinsic value through strategic improvements and opportunity. Some engineering plans exist for the addition of roughly 16 apartments, the potential for an indoor storage facility and even a cold storage/office area. The city location enhances the appeal, making it suitable for a range of commercial uses if those ideas aren't for you. With fenced, paved parking available, this property is poised for growth in a dynamic market. Investors can anticipate substantial returns by revitalizing this asset in a location with promising future development potential. NDA and HHA required before showings are granted. Build to Suit option available.
Full Property Details
Full Property Details for 300 W Industrial Blvd
General
- Price: $450,000
- Taxes: $1,377 (2026)
- Status: Active
- Type: Warehouse
- Source: BrightMLSMidAtlantic
- MLS ID: MDAL2013456
- Updated: 3/5/2026
- Added to Site: 127 day(s) ago
Business
- Business Type: Cold Storage
Interior
- Flooring: Concrete, Tile/Brick
Rooms
Bathrooms
- Restrooms: 2
Parking
- Total Spaces: 48
- Parking Features: Fenced, Paved Parking, Private
- Parking Type: Parking Lot
Location
- Area: S Cumberland - Allegany County (MDAL2)
- Municipality: Cumberland
- County: ALLEGANY
- Driving Directions: From I-70 W, merge onto I-68 W towards Cumberland. Take exit 43B toward Industrial Blvd/MD-51/Airport. Turn left onto Howard St. Turn right onto E Industrial Blvd (MD-51). Turn left onto Seymour St. Turn left onto W Industrial Blvd (MD-51 N). Turn right onto Race St. Gate on the Right.
- Traffic Count: 10000-14999
- Location Details: Corner Lot/Unit
- City Limits: Yes
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C, Window Unit(s)
- Cooling Fuel: Electric
- Heating Type: Forced Air, Baseboard - Electric
- Heating Fuel: Electric, Natural Gas Available
- Water Heater: None
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Water Available, Sewer Available, Under Ground
Structural Information
- Construction: Block, Cast Iron Plumbing, Combination, Concrete, CPVC/PVC, Glass, Mixed Plumbing, Rough-In Plumbing, Vinyl Siding
- Foundation: Slab
- Roof: Asphalt, Rubber, Metal
- Ceiling Height: 8' to 10', 15' to 18', 18' to 24'
- Doors: Insulated
- Drive-In Doors: 4
- Drive-In Clearance: 12' to 15'
- # Loading Docks: 9
- Building Size: 22888
- Year Built: 1920
- Year Built Source: Estimated
- Property Condition: Major Rehab Needed, Below Average
Unit Information
- # Tenants: Multiple
- Other Units: Unit 1, Unit 2, Unit 4, Unit 5, Unit 3
Lot Features
- Property View: City
- Lot Size (Acres): 0.79
- Lot Size (Sq. Ft.): 34,412
- Lot Size Source: Estimated
- Lot Dimensions: 220 x 154 x 266 x 130
- Frontage Feet: 130
- Street/Road Desc.: Black Top
- Fence: Yes
- Zoning: R-U
- Lot Description: Corner, Level, Not In Development, Road Frontage
Financial Considerations
- Price Per Sq. Ft.: $19.66
- Assessment Year: 2026
- Tax w/Assessment: $290,600
- Tax Amount: $1,377
- Tax Year: 2026
Disclosures and Reports
- Ownership: Fee Simple
- Permits: Cost To Obtain
- Inclusions: Everything currently on site
- Investment: Yes
- Lot Number: 62-67
Listed by Samson Properties, Andrew R Fultz
Get Pre-Approved Today
Schools
Schools serving 300 W Industrial Blvd
School District:Allegany County Public Schools
| Name | Grades | Distance |
|---|---|---|
South Penn Elementary School 500 East 2nd Street, Cumberland, MD 21502 | PK-5 | 0.3 mi |
Washington Middle School 200 Massachusetts Avenue, Cumberland, MD 21502 | 6-8 | 0.7 mi |
Fort Hill High School 500 Greenway Avenue, Cumberland, MD 21502 | 9-12 | 1.1 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 300 W Industrial Blvd
Date
Details
Price
Change
Source
11/28/2025
Listed
$450,000
200%
MLS
8/16/2023
Sold
$150,000
—
Public Record
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
Tax History for 300 W Industrial Blvd
Year
Property Taxes
Change
Tax Assessment
Change
2023
$2,703
—
$150,300
-48%
2023
$2,703
-1%
$290,600
—
2020
$2,734
—
$290,600
-1%
2021
$2,734
-1%
$294,400
—
2020
$2,751
-2%
$294,400
—
2019
$2,798
-1%
$294,400
-1%
2018
$2,813
—
$297,900
—
2017
$2,826
—
$297,900
—
2016
$2,836
-1%
$297,900
—
2015
$2,857
1%
$298,700
—
2014
$2,826
—
$298,700
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 300 W Industrial Blvd
300 W Industrial Boulevard, Cumberland, MD 21502 (MLS# MDAL2013456) is a Warehouse property. 300 W Industrial Boulevard is currently listed for $450,000 and was received on November 28, 2025. Want to learn more about 300 W Industrial Boulevard? Do you have questions about finding other Warehouse real estate for sale in Cumberland? You can browse all Cumberland real estate or contact a Coldwell Banker agent to request more information.

