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SHOPPING CENTER CUMBERLAND MD 129,859FT 9 ACRES
1050 INDUSTRIAL BLVD., Cumberland, MD 21502
$4,500,000
128,859 SF
$34.92
Shopping Center
Strip Center
Investment
1
Multiple
1970
8.77 AC
3.87 / 1,000 SF
-
Find Out More...
Last Verified 11/15/2009
Listing ID 14180247
Highlights
LOCATION LOCATION LOCATION ! ZONED B-H- NEAR NEW HOSPITAL COMPLEX WESTERN MARYLAND HEALTH SYSTEM
- GREAT FRONTAGE ON MAIN HWY ! 450 FT
- 8.77 ACRES OF LAND & 4 ACRES OF PARKING LOT
- MODERN LOOKING PLAZA - NEW "DOLLAR GENERAL" COMING IN Q1 2010
- (4) NEW LEASE DEALS JUST SIGNED FOR MEDICAL OFFICES 12,000 SQFT NEW OFFICE SUITES !
Description
AMES SHOPPING PLAZA CUMBERLAND MD. 128,859 SQ FT RETAIL STRIP CENTER CENTER on 8.77 ACRES OF LAND WITH PARKING FOR OVER 400 + CARS ! 450 FT FRONTAGE ON MD RT 51, 21,000 CARS PER DAY OF TRAFFIC FLOW MAKE THIS SITE IDEAL FOR ANY RETAIL OR OFFICE USE. ZONED BUSINESS HIGHWAY - (8) SOLID TENANTS - SAV-A-LOT FOOD MARKET -RAC RENT-A-CENTER STORE - RITEAID CORP - EASTERN DRAGON CHINESE RESTAURANT-SUBWAY- 1ST MARINER FINANCE-FASTENAL CORP-HOT STOVE BINGO- ELMERS HOUSE OF BARGAINS - WMHS - & DOLLAR GENERAL COMING IN 2010 ! 2 TRUCK DOCKS IN REAR OF AMES WITH ROOM FOR MORE. SPRINKLER SYSTEM IS IN EXCELLENT CONDX AND COVERS ENTIRE AMES BUILDING.STORE IS READY TO GO APPROX 40,000 SQ FT REMAINS READY FOR SUBDIVIDING INTO SMALLER SPACES! RENOVATIONS INCLUDE NEW FRONT CANOPY & & FACADE AND LIGHTING AS WELL AS PAINT AND ALL UTILITY SEPARATIONS COMPLETED - COME AND CHECK IT OUT !!
DUE TO NEW CONSTRUCTION AND RELOCATION OF THE NEW WMHS HOSPITAL SEVERAL NEW MEDICAL OFFICES ARE RELOCATING IN OUR CENTER THESE INCLUDE OCCUPATIONAL MEDICINE LABs & RADIOLOGY DEPT, ETC.
20,000 SQ FT OF NEW LEASES INCLUDING MEDICAL OFFICES, including CREDIT UNION, NEW DOLLAR GENERAL MOST LEASE DEALS DONE OR ARE IN THE FINAL STAGES BEING NEGOTIATED AT THIS TIME.
MANY THINGS MAKE THIS PROPERTY DESIRABLE BECAUSE OF ITS LOCATION WITHIN THE CITY OF CUMBERLAND AND THE SURROUNDING RETAIL TRADE AREA. ROOFTOPS ARE ABUNDANT AND THE CENTER HAS ROOM TO GROW. THERE ARE (3) ENTRANCES TO THE PLAZA 2 OFF OF RT 51 AND ONE FROM CHURCH STREET IN THE REAR OF THE PROPERTY THAT COMES IN FROM A REAL NICE AREA OF TOWN. CUMBERLAND IS GROWING WITH NEW BUSINESSES MOVING TO THIS PART OF TOWN. IF YOUR NEEDS REQUIRE A NICE RETAIL STRIP CENTER LOOK NO MORE. NEARBY RETAIL- WITHIN 1 MILE - FAMILY DOLLAR,BIG LOTS, ECKERD, VALUE CITY, MARTINS,ETC.
SELLER WILL CONSIDER ALL SERIOUS OFFERS & SOME PARTIAL OWNER FINANCING IS A POSSIBILITY ! SERIOUS BUYERS ONLY INQUIRE
| Tenant | | Lease Expired | |
|---|
| Sav-A-Lot | | | |
| Dollar General - Riteaid | | | |
| Subway | | | |
| RAC | | | |
| Fastenal Company | | | |
Map of 1050 INDUSTRIAL BLVD., Cumberland, MD 21502 (Allegany County)
Created 4/14/2005
The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.