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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
Office
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
Walk Score ®
Very Walkable (82)
Bike Score ®
Very Bikeable (74)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

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
  • Listing ID: 29346266

  • Date on Market: 8/23/2023

  • Last Updated:

  • Address: 446 N Mechanic St, Cumberland, MD 21502

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