Willetts Building | 446 N Mechanic St
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Willetts Building 446 N Mechanic St
18,792 SF Vacant Office Building Cumberland, MD 21502 $950,000 ($51/SF)
Investment Highlights
- Historic Charm
- Investment Potential
- Modern Amenities
- Prime Location
- Ample Parking
- Versatile Space
Executive Summary
While preserving its historic beauty, 446 N Mechanic Street also offers modern amenities to cater to today's business requirements. Upgraded electrical systems, climate control, and high-speed internet connectivity ensure a seamless and comfortable work environment. The building also has a generator.
Financial Summary (Actual - 2023) |
Annual | Annual Per SF |
---|---|---|
Taxes | $3,333 | $0.18 |
Operating Expenses | - | - |
Total Expenses | $3,333 | $0.18 |
Financial Summary (Actual - 2023)
Taxes | |
---|---|
Annual | $3,333 |
Annual Per SF | $0.18 |
Operating Expenses | |
---|---|
Annual | - |
Annual Per SF | - |
Total Expenses | |
---|---|
Annual | $3,333 |
Annual Per SF | $0.18 |
Property Facts
Sale Type
Investment or Owner User
Sale Condition
High Vacancy Property
Property Type
Building Size
18,792 SF
Building Class
C
Year Built/Renovated
1902/2012
Price
$950,000
Price Per SF
$51
Percent Leased
Vacant
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
4,698 SF
Building FAR
1.73
Land Acres
0.25 AC
Opportunity Zone
Yes
Zoning
BL - Business Local
Parking
33 Spaces (1.76 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
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Walk Score ®
Very Walkable (82)
Bike Score ®
Very Bikeable (74)
PROPERTY TAXES
Parcel Number | 05-024684 | Total Assessment | $461,600 (2024) |
Land Assessment | $0 (2024) | Annual Taxes | $3,333 ($0.18/SF) |
Improvements Assessment | $0 (2024) | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
05-024684
Land Assessment
$0 (2024)
Improvements Assessment
$0 (2024)
Total Assessment
$461,600 (2024)
Annual Taxes
$3,333 ($0.18/SF)
Tax Year
2023
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Willetts Technology
Willetts Building | 446 N Mechanic St
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