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Listed by Sam Tanner • Keller Williams Flagship
$ 795,000
Est. payment | /mo
$ 795,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID MDBA2221446
Year Built 1970
Annual Tax Amount $8,558
Tax Year 2025
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
Exceptional opportunity to acquire an 73% leased, income-producing mixed-use property in one of Northwest Baltimore's most visible commercial corridors and within a mile of the hottest (because of the State's multi-million dollar investment in the Pimlico race track) commercial sector of Park Heights. Situated along highly traveled W. Northern Parkway with approximately 33,885 vehicles passing daily, this well-maintained asset offers an attractive blend of stable commercial tenancy and residential income. Outstanding visibility from Northern Parkway and great signage opportunities. This property is also listed for lease as we fill a recent office vacancy.
The property consists of approximately 6,200 square feet of leasable space within a single two-story building and features five units, including three professional office suites on the main level and two renovated apartments (one 1-bedroom and one 2-bedroom). The diverse tenant mix provides dependable cash flow while reducing vacancy risk and presents itself perfectly for some value-add by providing the opportunity to create 4 more second floor residential apts. The residential units have been completely remodeled, while the building has been well maintained with numerous capital improvements.
Strategically located between Reisterstown Road and Park Heights Avenue, the property benefits from outstanding visibility, convenient access, and strong neighborhood demographics. The site includes 18 surface parking spaces, providing ample parking for office tenants, residents, and visitors.
Whether you're completing a 1031 exchange, expanding your investment portfolio, or seeking a stable, turnkey asset with long-term upside, this property offers an exceptional combination of location, occupancy, and diversified income.
Property Highlights:
73% leased mixed-use investment
Five total units: three professional offices and two apartments
Approximately 6,200 SF of leasable area
Two completely renovated residential units
Strong daily traffic count of approximately 33,885 vehicles
Excellent visibility on W. Northern Parkway
Convenient access to Reisterstown Road, Park Heights Avenue, and major commuter routes
18 on-site surface parking spaces
Professionally maintained building with recent capital improvements
Ideal opportunity for investors seeking stable cash flow with future appreciation potential
The property consists of approximately 6,200 square feet of leasable space within a single two-story building and features five units, including three professional office suites on the main level and two renovated apartments (one 1-bedroom and one 2-bedroom). The diverse tenant mix provides dependable cash flow while reducing vacancy risk and presents itself perfectly for some value-add by providing the opportunity to create 4 more second floor residential apts. The residential units have been completely remodeled, while the building has been well maintained with numerous capital improvements.
Strategically located between Reisterstown Road and Park Heights Avenue, the property benefits from outstanding visibility, convenient access, and strong neighborhood demographics. The site includes 18 surface parking spaces, providing ample parking for office tenants, residents, and visitors.
Whether you're completing a 1031 exchange, expanding your investment portfolio, or seeking a stable, turnkey asset with long-term upside, this property offers an exceptional combination of location, occupancy, and diversified income.
Property Highlights:
73% leased mixed-use investment
Five total units: three professional offices and two apartments
Approximately 6,200 SF of leasable area
Two completely renovated residential units
Strong daily traffic count of approximately 33,885 vehicles
Excellent visibility on W. Northern Parkway
Convenient access to Reisterstown Road, Park Heights Avenue, and major commuter routes
18 on-site surface parking spaces
Professionally maintained building with recent capital improvements
Ideal opportunity for investors seeking stable cash flow with future appreciation potential
Location
State MD
County Baltimore City
Zoning R-5
Interior
Hot Water Electric
Heating Central
Cooling Central A/C
Flooring Carpet
Heat Source Electric
Exterior
Garage Spaces 18.0
Water Access N
Roof Type Asbestos Shingle
Street Surface Paved
Accessibility 2+ Access Exits
Total Parking Spaces 18
Garage N
Building
Lot Description Cleared, Corner, Sloping
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Baltimore City Public Schools
Others
Tax ID 0327234426B034
Ownership Other
Special Listing Condition Standard
NEARBY SCHOOL & BUSINESS
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