Date
Details
Price
Change
Source
10/22/2026
Listed
$199,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Property Description
Set in the heart of a historic downtown, this distinguished 1875 brick building pairs timeless character with flexible commercial and residential space. Located across from the County Courthouse, this building is surrounded by professional offices, a library, churches, and other treasured historic buildings. The first floor offers professional office space, as well as storage and a bathroom with a shower. High ceilings, crown molding, abundant natural light, and window bays framed by generous windows lend the offices a gracious, welcoming atmosphere. Two offices feature decorative fireplaces for display purposes only, adding to the building's historic appeal. Upstairs, a two-bedroom, one-bath apartment provides a private retreat, complete with a rooftop patio and views of the Potomac River. With more than 4,000 square feet of space and a central location of just 2 hours from Washington, D.C., Baltimore, and Pittsburgh, this distinctive property offers a rare opportunity to bring business, history, and residential living together under one roof. Call Today to Schedule a Tour! *** Some images are AI-generated/virtually staged for illustration purposes only. Please tour the property in person to verify actual condition.
Full Property Details
Full Property Details for 71 Prospect Square
General
- Price: $199,000
- Taxes: $2,220 (2026)
- Status: Active
- Type: Commercial Service
- Source: BrightMLSMidAtlantic
- MLS ID: MDAL2016242
- Updated: 10/26/2026
- Added to Site: 5 day(s) ago
Business
- Business Type: Professional
Interior
- Flooring: Hardwood
Rooms
Bathrooms
- Restrooms: 1
Parking
- Parking Features: Public
- Parking Type: Off Site, On Street
Location
- Area: W Cumberland - Allegany County (MDAL3)
- County: ALLEGANY
- Driving Directions: From Mechanic Street in Cumberland, turn onto Baltimore Street, then proceed onto Washington Street. At the top of the hill, turn left onto Prospect Square. Building will be straight ahead.
- Location Details: Business District
- City Limits: Yes
Heating & Cooling
- Cooling Type: Window Unit(s)
- Cooling Fuel: Electric
- Heating Type: Baseboard - Hot Water
- Heating Fuel: Natural Gas
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Brick
- Foundation: Permanent
- Building Size: 4140
- Year Built: 1875
- Year Built Source: Assessor
- Property Condition: Average
Unit Information
- # Tenants: Multiple
- Other Units: Unit 1, Unit 2, Unit 4, Unit 5, Unit 3
Lot Features
- Property View: River, Street, Mountain
- Lot Size (Acres): 0.16
- Lot Size (Sq. Ft.): 7,160
- Lot Size Source: Assessor
- Zoning: COMMERCIAL
Water Features
- Water View: Yes
Financial Considerations
- Price Per Sq. Ft.: $48.07
- Assessment Year: 2026
- City/TownTax: $1,181
- City/TownTax Freq: Annually
- County Tax: $1,039
- County Tax Freq: Annually
- Tax w/Assessment: $111,500
- Tax Amount: $2,220
- Tax Year: 2026
Disclosures and Reports
- Ownership: Fee Simple
Listed by Charis Realty Group, Sherry R Rase and Charis Realty Group, Randall Rase
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agents
— 71 Prospect Square —
Sherry R Rase
Charis Realty Group
Randall Rase
Charis Realty Group
Listing Office Email: home@charisrealty.com
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 71 Prospect Square
School District:Allegany County Public Schools
| Name | Grades | Distance |
|---|---|---|
West Side Elementary School, Cumberland, MD 425 Paca Street, Cumberland, MD 21502 | PK-5 | 0.3 mi |
Braddock Middle School 909 Holland Street, Cumberland, MD 21502 | 6-8 | 1.1 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 71 Prospect Square
Tax History
Tax History for 71 Prospect Square
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,015
—
$111,500
1%
2025
$1,015
—
$110,700
1%
2023
$1,015
—
$109,900
1%
2023
$1,015
-2%
$109,100
—
2020
$1,037
—
$109,100
-2%
2021
$1,037
-1%
$111,700
—
2020
$1,044
-2%
$111,700
—
2019
$1,062
-1%
$111,700
-1%
2018
$1,069
—
$113,200
1%
2017
$1,065
—
$112,267
1%
2016
$1,060
—
$111,367
1%
2015
$1,056
1%
$110,400
—
2014
$1,044
—
$110,400
—
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 71 Prospect Square
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- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 2Total Baths
- 1,284Sq. Ft.
- Single Family
- Active
- Updated 3 days ago
- 4Beds
- 3Total Baths
- 2,217Sq. Ft.
- Single Family
- Active
- Updated 2 days ago
- 3Beds
- 2Total Baths
- 1,720Sq. Ft.
- Single Family
- Active
- Updated 3 days ago
- 3Beds
- 2Total Baths
- 1,795Sq. Ft.
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- Single Family
- Active
- Updated 23 hours ago
- 3Beds
- 1Total Bath
- 1,232Sq. Ft.
- Single Family
- Active
- Updated 6 days ago
- 3Beds
- 2Total Baths
- 1,278Sq. Ft.
- Single Family
- Active
- Updated 5 days ago
- 4Beds
- 3Total Baths
- 2,075Sq. Ft.
- Single Family
- Active
- Updated 9 hours ago
- 3Beds
- 3Total Baths
- 2,150Sq. Ft.
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71 Prospect Square, Cumberland, MD 21502 (MLS# MDAL2016242) is a Commercial Service property. 71 Prospect Square is currently listed for $199,000 and was received on October 22, 2026. Want to learn more about 71 Prospect Square? 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.