125 Fayette St, Cumberland, MD 21502

Sold Price
$611,000
List Price
$649,777
Days on Market
123
Closing Date
May 20, 2024
MLS#
MDAL2007028
Status
CLOSED
Type
Commercial
Year Built
1900
County
Allegany
Region
W Cumberland - Allegany County (MDAL3)
Subdivision
West Side

Property Description

What does a business need most? PARKING! You have it here in spades; a total of 56 parking spaces!!! Bring your imagination to this former monastery that's located one block from historic Washington St., and short walking distance to the courthouse, downtown, the C + O Canal towpath and the Cumberland Theatre! Downtown Cumberland is undergoing a revitalization to include street parking in front of the businesses there; come be a part of this growth and excitement in our beautiful, mountainous town. Possible uses include an office building, senior living, a medical building, a daycare, a retail incubator, a Bed and Breakfast, an apt. building, dorm space for college students, space for artists, a recovery house, etc. The possibilities are endless! Present brick structure includes 3 levels. Main level includes a kitchen, dining room, former library and living room, the adoration chapel, and the former gift shop currently serving as separate living quarters with a full bath . Upper level includes a laundry chute, 19 bedrooms, a gathering rm w/ dishwasher and sink, 1 bathroom w/ 3 shower stalls and new toilets, and a 2nd bath with 4 shower stalls (1 w/ tub) and 3 toilets. Lower level houses the laundry room w/ 2 washers + 2 dryers, a full bath and 3 bedrooms, 3 hot water tanks + the boiler. There is a huge rear yard surrounded by a stone wall on 2 sides which could be utilized for recreation/lunch area, etc. Please check out MDMOUNTAINSIDE.com to see all our area has to offer!

Additional Information

Acres
1.56
Lot Size
67,779
Elementary School
West Side
Middle School
Braddock
High School
Allegany
Roof
Rubber
Cooling
None
Heating
Baseboard
Taxes
$8,204

How much is your home worth?

...get instant property value now!

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of . Contact:

Selling Office: Charis Realty Group.