28 Allegheny Ave - Apartments CONDO FOR SALE


Towson, MD 21204- Downtown Towson
$884,814 USD
443-717-2336
28 Allegheny Ave, Towson, MD for Sale
$884,814 USD
Apartments CONDO - FOR SALE
1/8
null | 8% Cap Rate

28 Allegheny Ave
Towson, MD 21204
Downtown Towson


HIGHLIGHTS

  • Retail space available for lease on the first floor
  • Maryland's largest Bakery chain restaurant
  • Strong performing tenants with 13 locations and more to come
  • Attractive size for retail investors
  • New 10-year NNN lease
  • Lease has Corporate Guarantee

OVERVIEW

Introducing 28 Allegheny Ave, Towson, MD 21204 Suite 1 & 2 – a lucrative NNN Tenant Investment opportunity! This prime ground-floor retail space presents a solid investment with a fully leased tenancy featuring Roggenart Bakery under a new 10-year NNN lease. Located in the bustling heart of Towson, Maryland, this property offers excellent visibility, heavy foot traffic, and proximity to various amenities and entertainment options within the vibrant downtown district. With strong fundamentals and a proven, expanding tenant, this asset assures long-term stability with a remarkable income stream for investors. Boasting 3,167 SF of space within a well-maintained building, this rare investment sale opportunity provides easy access to I-695, making it an ideal choice for retail investors seeking attractive prospects. Don't miss out on this recession-resistant investment with exceptional growth potential in Towson's dynamic commercial landscape. Contact us today for more details!

FOR SALE DETAILS

PRICE

$884,814 USD

PRICE/SF

$279 USD /SF

CAP RATE

8%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

381,818 SF

STORIES

22

BUILDING CLASS

B

YEAR BUILT

1976

SPRINKLERS

-

PARKING SPACES

280

LAND DETAILS

LAND ACRES

0.83 AC

LAND SF

36,136 SF

ZONING

BMCT

APN/PARCEL ID

09-1700006665

ASK ABOUT THIS PROPERTY

Brody TennantTennant Commercial GroupMore Info
443-717-2336

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Brody TennantTennant Commercial GroupMore Info
443-717-2336

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.