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5900 York Road

BALTIMORE, MD 21212
  • $2,445,000
  • STATUS: Active
  • ON SITE: 38 Days
  • ID#: MDBA2145870
UPDATED: 32 min ago
$2,445,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1958
County:

School Information

High School:

Description

**Subject to Offer - This post needs to include the ideal asking price, but the property is opentooffers.**The retail and office property at 5900 York Road, Baltimore, MD 21212, offers compelling investment highlights. Situated on a prominent thoroughfare with high visibility and accessibility, the property benefits from a diverse surrounding area encompassing residential, retail, and commercial developments, ensuring consistent foot traffic and customer demand. Key nearby amenities include major banks such as PNC Bank, Wells Fargo Bank, and Bank of America, alongside popular grocery stores like Giant Food, ALDI, and The Fresh Market, and prominent shopping centers such as The Rotunda Shopping Center, Towson Town Center, and Mondawmin Mall. This mixed-use property features a versatile layout comprising office spaces equipped with a receptionist area, director's office, multiple employee offices, conference rooms, storage areas, and common areas. The property operates under a double net lease, providing stability and predictable income streams for investors.Strategically, the property presents significant opportunities for value enhancement through targeted renovations and operational improvements. By enhancing tenant spaces and upgrading amenities, including its comprehensive office setup, the property can attract higher-paying tenants, thereby increasing rental income and overall property value. Effective property management practices will optimize operational efficiency, leading to reduced expenses and increased Net Operating Income (NOI). Positioned within a robust and growing Baltimore market characterized by strong economic fundamentals and increasing consumer spending, the property is well-positioned to deliver attractive long-term returns for investors looking to capitalize on the region's ongoing development and commercial activity.**Subject to Offer - This post needs to include the ideal asking price, but the property is opentooffers.**

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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Eng Garcia Properties, LLC | Keller Williams Capital Properties. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-12-14T10:52:29.717.
www.enggarcia.com/homes/157557970
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5900 York Road BALTIMORE, MD 21212

  • Price: $2,445,000
  • Status: Active
  • On Site: 38 Days
  • Updated: 32 min ago
  • ID#: MDBA2145870
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1958
Built
County:
Baltimore City
High School:
Heritage
School District:
Baltimore City Public Schools
Property Description
**Subject to Offer - This post needs to include the ideal asking price, but the property is opentooffers.**The retail and office property at 5900 York Road, Baltimore, MD 21212, offers compelling investment highlights. Situated on a prominent thoroughfare with high visibility and accessibility, the property benefits from a diverse surrounding area encompassing residential, retail, and commercial developments, ensuring consistent foot traffic and customer demand. Key nearby amenities include major banks such as PNC Bank, Wells Fargo Bank, and Bank of America, alongside popular grocery stores like Giant Food, ALDI, and The Fresh Market, and prominent shopping centers such as The Rotunda Shopping Center, Towson Town Center, and Mondawmin Mall. This mixed-use property features a versatile layout comprising office spaces equipped with a receptionist area, director's office, multiple employee offices, conference rooms, storage areas, and common areas. The property operates under a double net lease, providing stability and predictable income streams for investors.Strategically, the property presents significant opportunities for value enhancement through targeted renovations and operational improvements. By enhancing tenant spaces and upgrading amenities, including its comprehensive office setup, the property can attract higher-paying tenants, thereby increasing rental income and overall property value. Effective property management practices will optimize operational efficiency, leading to reduced expenses and increased Net Operating Income (NOI). Positioned within a robust and growing Baltimore market characterized by strong economic fundamentals and increasing consumer spending, the property is well-positioned to deliver attractive long-term returns for investors looking to capitalize on the region's ongoing development and commercial activity.**Subject to Offer - This post needs to include the ideal asking price, but the property is opentooffers.**
Exterior Features

Construction Materials Masonry Garage YN No Parking Types None Road Responsibility City/CountyState Road Surface Type Access - Above Grade Roof Asphalt Water Access YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 17100.00 Cooling Central A/C Heating Forced Air Heating YN Yes Net Square Feet 11761.00

Property Features

Accessibility Features None Central Air YN Yes Cooling Fuel Other Heating Fuel ElectricNatural Gas Hot Water Other Municipality BALTIMORE Navigable Water YN N New Construction YN No Original MLSNumber 803467828082 Ownership Interest Other Property Sub Type Retail Sale Type Standard Sewer Public Sewer Tax Annual Amount 31765.00 Vacation Rental YN No Water Source Public Zoning B-2-2

Listing courtesy of Midfield Realty: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Eng Garcia Properties, LLC | Keller Williams Capital Properties. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-12-14T10:52:29.717.
 
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Eng Garcia Properties, LLC | Keller Williams Capital Properties
1930 18th St NW
Washington DC, 20009