Frostburg MD Real Estate & Commercial for Sale

Auction of huge student housing portfolio. Online bidding ends June 25th at noon. This premier 43-property (59-unit) student housing portfolio in Frostburg, MD, offers an exceptional, turn-key investment opportunity directly serving Frostburg State University. This stabilized portfolio delivers immediate cash flow, strong historical valuation growth, and a built-in tenant pipeline right next to Frostburg State University (FSU). List price is opening bid. Actual price to be detrermined at auction. Immediate Income: Generated a proven $448,850 in gross income for the 2025 calendar year. Rapid Equity Growth: Appraised at $4,564,800 in 2022, with current algorithmic valuations tracking at $5,863,600, showcasing substantial market appreciation. Prime Location: Strategic cluster of 43 properties, all situated within convenient walking distance to the FSU campus, ensuring perpetual student demand. Risk Mitigation: Pre-leased revenue secured with numerous student leases already signed and executed for the upcoming 2026/2027 academic year. Scalable Operations: Rare opportunity to acquire immediate, dominant market share in a stable university submarket.

Rare opportunity to own an entire half block of Frostburg history in the Historic District. Comprising 8, 10, and 12 South Broadway, this unique mixed-use property offers exceptional potential for investors, entrepreneurs, and owner-occupants alike. For more than 50 years, this building was home to a beloved local bakery, and now it's ready for its next chapter. 8 S. Broadway provides access to the spacious residential living quarters featuring a living room, dining room, kitchen, den, 2 bedrooms, and 1.5 baths. The den could easily serve as a third bedroom, home office, or flex space. 10 S. Broadway was formerly the bakery's retail storefront. This space includes a half bath and a former cake room that could be converted into a galley kitchen, creating the potential for an additional rental unit or expanded commercial use. 12 S. Broadway housed the bakery operations. All equipment has been removed, leaving a blank canvas for your vision. Plumbing connections remain in place for future sink and bath fixtures, making this space ideal for a new business, studio, office, retail venture, or efficiency apartment conversion. The commercial portion benefits from an existing fire suppression system and utility hookups suitable for many food and beverage operations, while also offering flexibility for retail, office, service-based businesses, and more. The residential space features beautiful hardwood floors, a bright bay window, abundant natural light, cedar closets, convenient laundry, a half-bath ensuite, and an expansive third-floor loft that offers even more living or storage space. Whether you're looking to open a business, create multiple income-producing units, or live where you work, this property presents a unique opportunity in a thriving downtown location surrounded by established businesses and just steps from Main Street. Property is being sold AS-IS. Remaining equipment will be removed prior to closing. Schedule your showing today and bring your vision to life!

Wow this one level building offers over 3000 sq ft of multi use area. Within 1 block of the Frostburg State Campus situated on a .63 acre lot with plenty of parking spaces to accommodate your needs, this property has endless possibilities.

6-unit multifamily investment property offering immediate cash flow and strong upside potential. All units are 2 bedrooms and 1 bathroom. Five of six units are currently occupied. All leases are month to month, providing a new owner with full flexibility to reposition rents or renovate at turnover. Current rents are below market rate with potential to achieve a double-digit cap rate through modest rent increases in line with current market conditions. Located in Frostburg, home to Frostburg State University, supporting consistent rental demand. Ideal for investors seeking a value-add multifamily asset with stabilized occupancy and room to grow. Do not disturb tenants. All showings by appointment only.

Attention Investors!! 7 unit apartment complex central to downtown Frostburg. Minutes from the Great Allegany Passage( Gap Trail) , and less than one mile from Frostburg State University!Very well maintained and zoned C3 vibrant mixed use town center commercial district. This means that this property is suitable for the downtown/ town-center area which typically allows a mix of retail, office, residential above the ground floor, and other compatible uses as outlined in the city's zoning ordinance.Units are long term tenants and one unit is furnished and vacant for owner's personal use and can easily be rented for additional income. Great investment opportunity on so many levels! Won't last!!

Discover a unique investment opportunity with this charming commercial property, built in 1920 and brimming with potential. Nestled in a prime location, this brick structure offers a solid foundation for your next venture. With no association fees or restrictive covenants, you have the freedom to maximize your investment without unnecessary overhead. The building is currently rented by Wholesome Harvest Grocery Store and Restaurant Co-op and various massage and yoga providers. The building's classic architecture provides a timeless appeal, while its versatile layout allows for creative customization to suit various business models. Seize this opportunity to own a piece of real estate that not only holds historical charm but also offers a pathway to financial success. Don't miss out on the chance to make your mark in the commercial landscape!

Revenue Producing!!! Amazing Commerical property with money generating tenants and storage units already in place!!! Two residential units, one is a two bedroom, one bath, the other is a large four bedroom unit that has been recently updated. Property also includes 13 storage units. The oversized garage with an included finished loft for office space provides additional commercial income potential or is perfect for a variety of businesses including but not limited to a body shop, car sales lot, graphic design, heating and cooling/electrical business, woodworking workshop, small and large engine repair or pretty much any type of shop!!! Large, well kept parking lot provides the option for more storage units or lot rent for campers, trailers etc..