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Must Sell! Appraised at $1.2M - $150,000 Discount! $126,000 Gross Income generating a 7.49% Cap Rate. Three Parcel C-2 Commercial, all-brick 12,354 sq. ft. building sitting on a 0.23-acre corner lot. Five Commercial/Retail tenants on the ground floor with additional residential units on the second floor. Retail Tenants include: Tax Preparation Service, Hair Salon, Driving School, Paparazzi African Grill & a Shipping Company. Residential Units: 5447 Park Heights has three 2BD 2BA apartments, 5451 Park Heights has a studio apartment and 3 rooming units, and 5455 Park Heights also has a studio apartment and 3 rooming units. Commercial units are impressive with 110 ft deep lots, a front 10-car parking lot for customers, and rear garage entrances for the commercial tenants. The seller has invested $100,000 into improvements but a large value-add opportunity exists to increase rent, equity, and cash flow! With proper improvements, management, and tenant makeup, the rent roll could be significantly increased very quickly. C2 Zoning would allow reconfiguration of rooming units into standard apartments if desired. Located in a prime corner location in fast-developing Park Heights. The attractive mix of neighborhood retail in a dense and high-traffic area and affordable residences make this property nearly recession-proof and a solid income earner for your portfolio. Donât miss out. Contact us for more info today!
A great opportunity to sell a church building with 2 additional (attached) building and 2 parking lots. The church sanctuary seats more than 300....there are classrooms, recreation areas, nursery , 2 parking lots with space for more than 50 cars...much more!!!! Well maintained building, new air conditioning and security system. Ideal for many other uses including funeral home, school, warehouse. daycare, or any other kinds of commercial business. Make an offer!!!!
Prime Redevelopment Opportunity at 3606 W Rogers Ave â A Canvas for Innovation in a Rapidly Transforming Neighborhood Nestled in the heart of a community on the cusp of transformative growth, 3606 W Rogers Ave presents a unique and timely opportunity for visionary developers. Last serving as a church, this property stands on a large, level corner lot that beckons with potential for either commercial or residential redevelopment. Positioned just blocks away from the ambitious 96M Park Heights development project and the historic Pimlico Race Course's proposed redevelopment, this site offers a strategic investment in a neighborhood poised for resurgence. This is more than just a property; it's an opportunity to shape the future of a neighborhood. With its redevelopment potential, strategic location, and the backdrop of major local investments, 3606 W Rogers Ave represents a rare chance to contribute to the area's renaissance. Whether the vision is to tap into the commercial vibrancy spurred by new retail and entertainment or to meet growing housing needs, this property offers the flexibility to realize a wide array of development projects.
This property is located directly across from the new 400,000 sf, Wegmans anchored âFoundry Rowâ, this property is 1,893 sf free standing with drive thru and 3,968 sf free standing building. Less than 1 mile from 1.2m sf âmetro centre at owings millsâ with direct access to and frontage on Reisterstown Road (rt. 140) and easy access to I-795 via owings mills blvd and to I-695. Existing seafood restaurant and dry cleaner spaces available, with ground lease available 1.4 acres to 2.9 acres (zoned bl and dr). Access to light at corner of Painters Mill Road and Reisterstown Road as well.
This leased commercial investment property is strategically located near Johns Hopkins University, offering a prime opportunity for investors seeking a lucrative investment in Baltimore's thriving real estate market. Situated in a bustling commercial area, the property boasts high visibility and foot traffic, making it an ideal location for businesses catering to the university community and surrounding neighborhoods.
Prime Location in Hampden on the "Ave" 36TH Street. The space has a an outdoor patio, walk-in fridge and is set up for baking (no hood system). Excellent opportunity for someone to launch their business. The property is currently vacant. There is one room on the 2nd level that can be used for office /storage or converted to an apartment
The property was recently leased to a salon, they have not yet opened for business. The salon will occupy the entire building. The property has a well built out interior, it was was previously a Howard Bank branch.
Huge Price Reduction!! Perfect contractor property located in Joppatown. Prime location with quick access to Rt 152, Rt 40, and I95. B3 zoning which allows for a variety of businesses uses. Small house on the property with approximately 750sf which could be used as an office. There is a partially fenced and fully concreted storage area in the rear of the property. An easement is in place which grants access to use whole rear of 1108 Clayton Rd and includes a 1,500sqft covered pole Barn. See picture of property outline.
Seize this splendid chance, don't delay, Own Wing Wah- the Chinese Carry Out restaurant today, Just $50K, a small price to pay, Full equipment, sold as-is, ready for display. Rent just $2,100/month, keep the fires ablaze, Second floor has two bedrooms, remodeled, they'll amaze, A kitchen and bath, where comfort lays, Live or lease, tailor as you may. Nestled between parks, a scenic view, Across from a golf course, as if on cue, Near Baltimore City College, prestigious and true, A mix of convenience and leisure, just for you. Opportunities like this are rare, indeed, A call to the agent is all you need, Monday through Saturday, take the lead, 2pm - 6pm only Secure a future where you can succeed.
Nestled in the historic Woodberry neighborhood of Baltimore City, 3535 Clipper Road presents a unique opportunity to acquire a property well positioned in a neighborhood brimming with character and charm. Located minutes from the light rail, I-83 and I-695, any development here will allow for easy access to the entire city and beyond. The seller is also selling 3511 Clipper Rd (MDBA2108458). The properties may be bought together for cohesive development or separately. The listing price includes the below plans and reports. Available upon request. - Architect designed Renderings (the listing photo is an example) -Engineer Development Plans - Other inspection reports as available
Commercial retail store property recommended for the convenience store , mini supermarket, clothing store , and all other retail shop on the busy traffic and residential area.
Well positioned in the historic neighborhood of Woodberry is this unique development opportunity. This shovel ready development site, comes fully approved and permitted for a 57-unit apartment complex, ready for immediate construction. Sold separately, or in conjunction for cohesive development with 3535 Clipper Rd (MDBA2108456). The listing price includes the below plans and reports. Available upon request. - Approved engineer plans - Architect designed renderings - Permits - Environmental and engineering reports
Here is an excellent opportunity to purchase a fully operational convenience store for under $50,000. The price includes everything inside the store. This is the only business for sale! , which is situated on busy Greenmount Avenue. The store is next to a beauty salon, pizza place, and daycare center; free parking is available at the back. Again, this is a business-only sale... The new owner must sign a lease with the building manager or owner. Please call the AGENT FOR VIEWING.
The Heavenly Corporation offers a unique business opportunity - selling its assisted living facility in Middle River. The facility is authorized to accommodate up to four clients and is fully staffed with an experienced team of professionals. It includes all necessary equipment and features three bedrooms, one and a half bathrooms, a living room, a kitchen, a great room, a fenced-in yard, solar panels (the seller will buy them with an acceptable offer), and much more.
Welcome to 3219-3221 Belair Rd, Baltimore, a prime investment property featuring multiple units for both commercial and residential use. This versatile property boasts two commercial units and three residential units, providing diverse income streams to savvy investors. The property comes with thoughtful building plans provided by the owners, offering valuable insights into potential renovations or expansions. These plans allow buyers to visualize the property's future potential and make informed decisions on enhancements. Situated on a generous lot, this property includes a spacious rear area that will be conveyed along with the property. This large lot presents opportunities for future development or the addition of amenities, increasing the property's value and appeal. A detailed commercial underwriting report will be available in the documents section of the MLS. This report provides a thorough financial analysis and risk assessment, giving prospective buyers confidence in the investment opportunity. Located in an area poised for growth and gentrification, this property offers the potential for substantial appreciation. Investors can capitalize on the increased demand for mixed-use properties in this evolving neighborhood. With a mix of commercial and residential units, this property caters to a diverse range of tenants. Whether it's retail, office, or residential space, this property offers flexibility and income potential. Don't miss this opportunity to acquire a versatile investment property with multiple units, strategic location, and promising growth potential. Schedule your viewing today to explore the possibilities of 3219-3221 Belair Rd. The photographs featured in the listing depict the property during a previous period.
Major Price Reduction! Great opportunity to own 8 single garages with double doors in the heart of Hampden. Currently used as storage. Lots of options here- use as it is or demo and think big and tall and profitable. Prime location is one block behind the 4000 block of Falls Rd. Just around the corner from shopping, great restaurants, schools, church and access to downtown and uptown.
****THIS IS A BUSINESS LISITING ONLY WITHOUT REAL PROPERTY***** Become the owner of a turn-key convenience store business. This established convenience, is located in a high-density residential/business area and is directly adjacent to the MVA. It's corner location on the highly trafficked, Reisterstown Road, makes the store extra visible. This is the perfect opportunity to own a lucrative owner-operated business. Stores inventory is new, unexpired, and transfers with the business. Sale also includes commercial grade kitchen appliances and refrigeration, outdoor grill and smoker. Business is equipped with a security and monitoring system.
TO BE SOLD ALONG WITH 2919 ALEXANDER AVE, BALTIMORE, MD 21215. ONLINE AUCTION: Bidding begins 5/20/2024 @ 10:00 AM. Bidding ends 5/22/2024 @ 7:00 PM. List Price is Suggested Opening Bid. Deposit: $50,000. ATTENTION INVESTORS LOCATION! LOCATION! LOCATION! Industrial Warehouse Opportunity located on two 8,965 sq ft lots, totalling a combined 17,930 sq ft, in the Lucille Park area of Baltimore City. Formally used as a moving/storage company, included is a LARGE Commercial/Industrial Storage Warehouse and a LARGE Fenced in Lot/Parking Area. JUST MINUTES from the Pimlico Race Course, Sinai Hospital, and the many attractions of the Central Park Heights area. Easy access to major traffic arteries Reisterstown Rd (MD-140) and Park Heights Ave. See below for more information. Properties are believed to be set up as: Total Lot Size(s) +/- 17,930 total SF (8,965 SF per tax ID) Commercial/Industrial TOD-2 Zoning (Transit Oriented Development) Storage Warehouse/Garage +/- 11,330 SF building (above grade) (1) loading dock (1) drive-in door Fenced in Lot/Parking Area +/- 6,600 SF 2919 Alexander Ave. Baltimore, MD 21215 (Baltimore City Tax ID Number: 0315353193A007) Year Built: 1940 Lot Size: 163X55 Zoning: TOD-2 (Transit Oriented Development) Type: STORAGE WAREHOUSE Title Information: Fee Simple. Sold free and clear of all liens. Property Land Area: 8,965 SF Above Grade Living Area: 11,330 SF Real Estate Taxes: $3,456.62 (Baltimore City Tax ID Number: 0315353193A007) 2921 Alexander Ave. Baltimore, MD 21215 (Baltimore City Tax ID Number: 0315353193A008) Year Built: 1940 Lot Size: 163X55 Zoning: TOD-2 (Transit Oriented Development) Type: STORAGE WAREHOUSE Title Information: Fee Simple. Sold free and clear of all liens. Property Land Area: 8,965 SF Above Grade Living Area: 11,330 SF Real Estate Taxes: $3,405.48 (Baltimore City Tax ID Number: 0315353193A008)
TO BE SOLD ALONG WITH 2921 ALEXANDER AVE, BALTIMORE, MD 21215. ONLINE AUCTION: Bidding begins 5/20/2024 @ 10:00 AM. Bidding ends 5/22/2024 @ 7:00 PM. List Price is Suggested Opening Bid. Deposit: $50,000. ATTENTION INVESTORS LOCATION! LOCATION! LOCATION! Industrial Warehouse Opportunity located on two 8,965 sq ft lots, totalling a combined 17,930 sq ft, in the Lucille Park area of Baltimore City. Formally used as a moving/storage company, included is a LARGE Commercial/Industrial Storage Warehouse and a LARGE Fenced in Lot/Parking Area. JUST MINUTES from the Pimlico Race Course, Sinai Hospital, and the many attractions of the Central Park Heights area. Easy access to major traffic arteries Reisterstown Rd (MD-140) and Park Heights Ave. See below for more information. Properties are believed to be set up as: Total Lot Size(s) +/- 17,930 total SF (8,965 SF per tax ID) Commercial/Industrial TOD-2 Zoning (Transit Oriented Development) Storage Warehouse/Garage +/- 11,330 SF building (above grade) (1) loading dock (1) drive-in door Fenced in Lot/Parking Area +/- 6,600 SF 2919 Alexander Ave. Baltimore, MD 21215 (Baltimore City Tax ID Number: 0315353193A007) Year Built: 1940 Lot Size: 163X55 Zoning: TOD-2 (Transit Oriented Development) Type: STORAGE WAREHOUSE Title Information: Fee Simple. Sold free and clear of all liens. Property Land Area: 8,965 SF Above Grade Living Area: 11,330 SF Real Estate Taxes: $3,456.62 (Baltimore City Tax ID Number: 0315353193A007) 2921 Alexander Ave. Baltimore, MD 21215 (Baltimore City Tax ID Number: 0315353193A008) Year Built: 1940 Lot Size: 163X55 Zoning: TOD-2 (Transit Oriented Development) Type: STORAGE WAREHOUSE Title Information: Fee Simple. Sold free and clear of all liens. Property Land Area: 8,965 SF Above Grade Living Area: 11,330 SF Real Estate Taxes: $3,405.48 (Baltimore City Tax ID Number: 0315353193A008)
Do not miss this excellent investment opportunity along the well-travelled Reisterstown Road in Owings Mills, Maryland 21117. This property is in a well-established neighborhood and its bordered or surrounded by a new residential development and an office building, and within the neighborhood are luxury apartments, shopping malls and car dealerships. This commercial property (office building & land) Zoned OR-2, is an office space of multiple rooms on 3 levels with bathrooms on each level and kitchen on the first floor with multiple entrances. This property sitting on over an ACRE or estimated 43560sf land needs a COMPLETE REHAB! Or can be turndown and rebuilt into investorâs dream of a commercial property or commercial apartment buildings. The land by itself is an investorâs dream. BRING ALL OFFERS!
> Located Just Three Blocks from Johns Hopkins University Homewood Campus, Apartments Are in High Demand by Young Professionals and Students > Long Term NNN Commercial Tenant Leased Through Spring 2027, Paying 20% Toward Property Taxes & Hazard Insurance, Improving Cash Flow > 3,600 Sq. Ft. End-of-Group Rowhome, Providing Tenants With 60% More Space Than Other Homes On the Same Block > Opportunity to Improve Apartments and Greatly Increase Rents. The first-floor salon has great far-corner exposure on both Maryland Avenue and 27th Street, with two large storefront windows. The salon has both hardwood and laminate flooring throughout, with high ceilings and recessed lighting. Locally owned and operated, the salon has two popular stylists offering services, with two hair drying stations and a shampoo bowl. The tenant has made warm, inviting improvements to the space. The second and third floor each house a 3-bedroom apartment, with similar layouts to one another. Accessed by a shared entry on 27th Street, each apartment spans an entire floor. As an end-of-group row home, each apartment has 12 windows, providing lots of natural light. With a formal living/dining room and three large bedrooms, these apartments boast plenty of living space for tenants to enjoy. Kitchens feature wood and melamine cabinets, laminate counters, 30â³ gas ranges, stainless steel sinks, and garbage disposals. Bedrooms are generously sized, and full bathrooms have modern vanities and 5â² tubs. The commercial tenant is on a triple net lease (NNN) and responsible for 20% of the property taxes, ownerâs hazard insurance policy, and water/sewer bill. Each tenant pays their own gas and electric bill, and each tenant controls their own heating and air conditioning. The landlord is currently paying for water for the apartments, but the leases do provide for a bill-back, which would increase cash flow. Each apartment has its own gas-fired furnace with central air conditioning. One gas-fired water heater serves the entire building, installed in 2018. Interior plumbing supply lines are a mix of copper and CPVC; interior plumbing drain lines are PVC. The partial, unfinished basement is used for storage, has an operable full bathroom and is leased for $525/month. This mixed-use 3-unit in Charles Village is located just three blocks south of Johns Hopkins University Homewood campus, and two blocks south of Wyman Park Dell. Tenants enjoy a quick walk to the Charles Village Shopping District, and I-83 provides a quick commute to downtown Baltimore. 2653 Maryland Avenue garners a âWalkerâs Paradiseâ designation, with a 94 Walk Score, a 76 Transit Score, and an 88 Bike Score, being located along the Maryland Avenue Cycle Track. RHouse, Remingtonâs trendy food hall, is home to popular stalls like BRD and Hilo Poké & Sushi, and is within a 5-minute walk.
