4000 W Northern Pky - Office FOR SALE


Baltimore, MD 21215- Glen
$795,000 USD
443-618-2585
4000 W Northern Pky, Baltimore, MD for Sale
$795,000 USD
Office - FOR SALE
1/6
null | 11.15% Cap Rate

4000 W Northern Pky
Baltimore, MD 21215
Glen


HIGHLIGHTS

  • Five total units: three professional offices and Two completely renovated residential units
  • 80% leased mixed-use investment
  • Approximately 6,200 SF of leasable area
  • 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

OVERVIEW

Exceptional opportunity to acquire an 80% leased, income-producing mixed-use property in one of Northwest Baltimore's most visible commercial corridors. 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. This property is also listed for lease as we try to fill the last office space. The property consists of approximately 6,200 square feet of leasable space within a single two-story building and features five fully occupied 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, including a replacement roof. Each tenant enjoys individually metered HVAC systems, allowing for efficient operating expenses and simplified management. 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.

FOR SALE DETAILS

PRICE

$795,000 USD

PRICE/SF

$128 USD /SF

CAP RATE

11.15%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

4000 W Northern Pkwy

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

18

LAND DETAILS

LAND ACRES

0.38 AC

LAND SF

16,553 SF

ZONING

B-3-1

APN/PARCEL ID

4426B-034

ASK ABOUT THIS PROPERTY

Sam TannerThe Entrusted Group at KW CommercialMore Info
443-618-2585

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Sam TannerThe Entrusted Group at KW CommercialMore Info
443-618-2585

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