4805-4811 Belair Rd - Freestanding FOR SALE


Baltimore, MD 21206- Frankford | 
$439,000 USD
443-461-6922
4805-4811 Belair Rd, Baltimore, MD for Sale
$439,000 USD
Freestanding - FOR SALE
1/3
null | Request Cap Rate

4805-4811 Belair Rd
Baltimore, MD 21206
Frankford


HIGHLIGHTS

  • Angelo's Auto & Towing is the anchor tenant
  • Significant value-add opportunity via renovation of the apartments and retenanting/stabilization of the retail spaces
  • Favorable timing for a new operator to implement capital improvements to the building due to the current lease setup by the landlord
  • Lease Conversion possibility to NNN
  • 8200-9000 in Estimated gross monthly proforma rent if the value add is executed correctly

OVERVIEW

AHRG is pleased to present 4805-4811 Belair Rd. This is a 6-unit mixed-use building located in the commercial corridor of Belair-Edison (North East Baltimore), with a building lot size of 9147.6 square feet (0.21 acres). The building includes two apartments (residential dwellings) and four retail spaces occupied by multiple small businesses. It is situated on a well-trafficked road near Baltimore County, with over 20,000 vehicles passing daily. Currently, the property generates $ 4500 monthly, and all leases are modified gross.

FOR SALE DETAILS

PRICE

$439,000 USD

PRICE/SF

$57 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1902

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,583 SF

ZONING

C-2

APN/PARCEL ID

5937-003

ASK ABOUT THIS PROPERTY

Ifeanyi OparaAmerican Homes Realty GroupMore Info
443-461-6922

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Ifeanyi OparaAmerican Homes Realty GroupMore Info
443-461-6922

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