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215 W Elder St - 2.43 acres Canal Parkway @ Elder 2.43 Acres of Commercial Land Offered at $2,412,077 CAD in Cumberland, MD 21502

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INVESTMENT HIGHLIGHTS

Gateway Location on Canal Parkway with strong local traffic count
Liberal Zoning all utilities and pro growth community.

Great terrain 2.43 acres with high visibility and great access from 2 side strets

EXECUTIVE SUMMARY

Great development opportunity for neighborhood C-Store, Grocery, Fuel, QSR or fast casual @ Gateway for commuters and shoppers coming from northern Mineral County WV and CBE Airport. Liberal Business/Commercial Zoning and good grade access from 2 side streets.

PROPERTY FACTS

Price	$2,412,077 CAD	Property Subtype	Commercial
Sale Type	Investment or Owner User	Proposed Use	Retail Auto Repair Carwash Tienda de conveniencia Fast Food Restaurant
No. Lots	1	Total Lot Size	2.43 AC
Property Type	Land	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.

Price	$2,412,077 CAD
Sale Type	Investment or Owner User
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Retail Auto Repair Carwash Tienda de conveniencia Fast Food Restaurant
Total Lot Size	2.43 AC
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.

1 LOT AVAILABLE

Lot

Price	$2,412,077 CAD	Lot Size	2.43 AC
Price Per AC	$992,624.48 CAD

Price	$2,412,077 CAD
Price Per AC	$992,624.48 CAD
Lot Size	2.43 AC

Corner lot with Frontage on Canal Parkway, 200' from C&O Canal Hike/Bike Trail. Frontage with access on Elder St and Elizabeth Streets. Over 11,000 cars per day "going to work" traffic right turn with easy left turn for traffic to Mineral County

DESCRIPTION

"Cumberland Box and Mill" now dark manufactured pallets crates and beverage holders from wood for about 100 years at this location. Canal Parkway has made this location a great "gateway retail" site where more than 11,000 commuters - mostly from single family homes in Mineral Co WV into Cumberland MD to work and shop or access I-68. Favorable terrain for retail with minimal grading. Curb cuts (3) from 2 side streets for easy access, site is fully fenced and the large sturdy 16,000 sf building may be suitable for conversion into retail or restaurant. All utilities and liberal zoning with "pro growth" local attitudes...