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208 Market St - Old German Brewery Ice House 16,000 SF Specialty Building Offered at $1,581,963 CAD in Cumberland, MD 21502

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INVESTMENT HIGHLIGHTS

Big Brick Building on 1.67 fenced acres
Liberal Zoning - right beside WMSRR Scenic RR and GAP Trail Terminus

Adjacent to Canal Place National Historic District (potential tax credits)

EXECUTIVE SUMMARY

First time on market since 1980 Originally the Ice House for Queen City Brewery, converted to 6 bay truck repair facility in 1980 and successfully operated into 2024. 1.47 acres plus useful areas in public easements. Large brick - steel industrial building (1900) building with 7 large drive in doors, 12,952 measured main floor PLUS 3,386 Concrete roof decks with well maintained roofing. Built to handle massive floor loads. Just 1,500' from the center of town - big useful building with a very big parking lot. Property is adjacent to but outside of Historic District. Over 500' frontage on Wills Creek, WMSR Scenic RR, GAP Trail eastern terminus/ C&O canal Western Terminus @ Canal Place is 1/4 mile walk away. Great opportunity to continue with truck repair/inspections/parts use or redevelop into Night Club Health Club Recreational Uses, Restaurant, Loft Apartments, Antiques, Art Gallery, Retail....

PROPERTY FACTS

Price	$1,581,963 CAD	Lot Size	1.67 AC
Price Per SF	$98.87 CAD	Building Size	16,000 SF
Sale Type	Investment or Owner User	No. Stories	2
Sale Conditions	High Vacancy Property Redevelopment Project	Year Built/Renovated	1920/1980
Property Type	Specialty	Parking Ratio	2.25/1,000 SF
Property Subtype	Lumberyard Specialty Contractor Storage Yard	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Building Class	C
Zoning	I-G - Industrial General- Allows our most intense industrial operations.

Price	$1,581,963 CAD
Price Per SF	$98.87 CAD
Sale Type	Investment or Owner User
Sale Conditions	High Vacancy Property Redevelopment Project
Property Type	Specialty
Property Subtype	Lumberyard Specialty Contractor Storage Yard
Building Class	C
Lot Size	1.67 AC
Building Size	16,000 SF
No. Stories	2
Year Built/Renovated	1920/1980
Parking Ratio	2.25/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	I-G - Industrial General- Allows our most intense industrial operations.