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$230,000 Just Listed
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Property Description
Opportunity awaits in the heart of downtown Cumberland! Situated in a prime location, this versatile property offers incredible potential for investors, business owners, or anyone looking for a combination of commercial and residential space. The main level features two separate office spaces, two bathrooms, a kitchen, and a shared lobby area, providing an ideal setup for multiple businesses or tenants. Upstairs, you'll find a spacious three-bedroom apartment, offering additional rental income potential or the convenience of living just steps away from your business. Private parking adds even more value to this downtown property, providing a convenience that's hard to find in the city! With its flexible layout, potential for multiple income streams, and convenient location near downtown shops, restaurants, and local amenities, this property is full of possibilities. Whether you're looking to expand your investment portfolio, establish your own business, or take advantage of a mixed-use opportunity, this is one you won't want to miss!
Full Property Details
Full Property Details for 79 Market St
General
- Price: $230,000
- Taxes: $1,883 (2026)
- Status: Active
- Type: Commercial Service
- Source: BrightMLSMidAtlantic
- MLS ID: MDAL2016188
- Updated: Today (10/19/2026)
- Added to Site: Today
Business
- Business Type: Professional
Interior
- Flooring: Hardwood, Luxury Vinyl Plank, Vinyl
Rooms
Bathrooms
- Restrooms: 3
Parking
- Total Spaces: 8
- Parking Features: Private
- Parking Type: Parking Lot
Location
- Area: N Cumberland - Allegany County (MDAL1)
- Municipality: CUMBERLAND
- County: ALLEGANY
- Driving Directions: In downtown Cumberland: on Market Street between N Centre St. and N Mechanic St.
- Location Details: Downtown
- City Limits: Yes
Heating & Cooling
- Cooling Type: Ceiling Fan(s), Ductless/Mini-Split
- Cooling Fuel: Electric
- Heating Type: Baseboard - Hot Water
- Heating Fuel: Natural Gas, Electric
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Brick
- Foundation: Stone
- Roof: Slate
- Stories/Levels: 2
- Building Size: 2576
- Year Built: 1918
- Year Built Source: Assessor
Unit Information
- # Tenants: Multiple
- Other Units: Unit 1, Unit 1, Unit 1, Unit 1, Unit 1
Lot Features
- Property View: City, Mountain
- Lot Size (Acres): 0.07
- Lot Size (Sq. Ft.): 2,914
- Lot Size Source: Assessor
- Street/Road Desc.: Black Top
- Zoning: B-CBD
- Lot Description: Road Frontage
Financial Considerations
- Price Per Sq. Ft.: $89.29
- Assessment Year: 2026
- City/TownTax: $1,002
- City/TownTax Freq: Annually
- County Tax: $881
- County Tax Freq: Annually
- Tax w/Assessment: $94,600
- Tax Amount: $1,883
- Tax Year: 2026
Disclosures and Reports
- Ownership: Fee Simple
- Exclusions: See inclusion/exclusion disclosure.
- Inclusions: See inclusion/exclusion disclosure.
- Lot Number: 2
Listed by The KW Collective, Nathan Lamp
Get Pre-Approved Today
Schools
Schools serving 79 Market St
School District:Allegany County Public Schools
| Name | Grades | Distance |
|---|---|---|
Cash Valley Elementary School 10601 Cash Valley Rd Nw, La Vale, MD 21502 | PK-5 | 2.8 mi |
Braddock Middle School 909 Holland Street, Cumberland, MD 21502 | 6-8 | 0.9 mi |
Allegany High School 900 Seton Drive, Cumberland, MD 21502 | 9-12 | 1.6 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 79 Market St
Date
Details
Price
Change
Source
10/19/2026
Listed
$230,000
259.38%
MLS
7/10/2013
Sold
$64,000
—
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 79 Market St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$796
20%
$94,600
9%
2023
$665
—
$86,900
10%
2023
$665
—
$79,200
11%
2023
$665
5%
$71,500
3%
2020
$636
—
$69,500
1%
2021
$636
3%
$68,500
4%
2020
$615
2%
$65,800
4%
2019
$600
5%
$63,100
4%
2018
$570
-1%
$60,400
—
2017
$573
—
$60,400
—
2016
$575
-28%
$60,400
-27%
2015
$796
1%
$83,200
—
2014
$787
—
$83,200
—
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 79 Market St
7-9 Market Street, Cumberland, MD 21502 (MLS# MDAL2016188) is a Commercial Service property. 7-9 Market Street is currently listed for $230,000 and was received on October 19, 2026. Want to learn more about 7-9 Market Street? Do you have questions about finding other Commercial Service real estate for sale in Cumberland? You can browse all Cumberland real estate or contact a Coldwell Banker agent to request more information.

