4710 Liberty Heights Ave - Storefront Retail/Residential FOR SALE


Baltimore, MD 21207- Howard Park
$499,000 USD
443-613-5008
4710 Liberty Heights Ave, Baltimore, MD for Sale
$499,000 USD
Storefront Retail/Residential - FOR SALE
1/40
null | Request Cap Rate

4710 Liberty Heights Ave
Baltimore, MD 21207
Howard Park


OVERVIEW

Savvy investors will not want to miss this phenomenal turnkey property. Construction was executed from the rendering of none other than the acclaimed B.C. Architectural Designs. This 1930's property was built to be zoned commercially, but this mixed-use building is not to be missed. Located within close proximity to the Baltimore County line, the Baltimore Beltway, 1_83, and Baltimore City Center, the equidistant location is unparalleled. Northwest Baltimore's Forest Park neighborhood is home to a myriad of idyllic tree lined streets and a multitude of charming homes. Plus Gwynn Oak Park and Forest Park Golf Course are just a mile away. 4710 Liberty Heights Avenue is zoned C-1: Community Commercial District. There are several residential and commercial uses for all three levels. Currently the Upper 1 and Upper 2 levels are each 2-bedroom, 2-bathroom apartments, each with their own laundry in the unit. Both units feature high end finishes throughout including incredible designer kitchens with stainless steel appliances, along with spa inspired bathrooms, and stylish luxury vinyl plank floors. Both leases are in place with tenants who wish to stay. The current rents are $1,800 and $1,690 respectively and both with increases expected in the next 2-3 months. The main level can accommodate any number of commercial businesses. It was previously occupied by a beauty salon and a telemarketing company. Rent this space out as it is or negotiate build out terms. The predicted approximate rent roll with full occupancy is $5,500 to $5,800 per month.

FOR SALE DETAILS

PRICE

$499,000 USD

PRICE/SF

$200 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,742 SF

ZONING

C-1

APN/PARCEL ID

8253-006

ASK ABOUT THIS PROPERTY

Aviva KarpeCummings & Co. RealtorsMore Info
443-613-5008

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Aviva KarpeCummings & Co. RealtorsMore Info
443-613-5008

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