5209 York Rd - Office FOR SALE


Baltimore, MD 21212- Woodbourne-McCabe
$400,000 USD
410-206-3522
5209 York Rd, Baltimore, MD for Sale
$400,000 USD
Office - FOR SALE
1/45
null | Request Cap Rate

5209 York Rd
Baltimore, MD 21212
Woodbourne-McCabe


HIGHLIGHTS

  • Real Estate Auction - Online & In-Person Bidding Available
  • +90% Occupancy
  • Proximate access to I-83 and I-695 for regional connectivity
  • Surrounded by retail, dining, and institutional anchors

OVERVIEW

REAL ESTATE AUCTION Opening Bid: $400,000 Live Onsite & Online Simulcast Bidding HEIR’S SALE HISTORIC McCABE MANSION NORTH BALTIMORE MULTI-TENANT COMMERCIAL BUILDING: 23,841 Sq. Ft. GBA - 0.47± Acre - Zoned C-2 $200,000+ Annual Gross Scheduled Income (2026) Sale on Premises: 5209 YORK ROAD Corner McCabe Avenue Baltimore City, Maryland 21212 Online Bidding Opens WEDNESDAY, MARCH 25, 2026 Live Onsite Auction FRIDAY, MARCH 27, 2026 AT 12:00 NOON NOTE: The information contained herein has been obtained from sources deemed reliable and is believed to be accurate. However, no express or implied warranty is made or may be inferred from any such representation. Dimensions, square footage and acreage contained herein are more or less. Prospective purchasers are encouraged to perform their own due diligence, in advance of the auction, regarding the permitted uses of the property. List price is nominal opening bid. Due diligence info, notably leases and seller reported financials, available from listing broker. GENERAL INFORMATION: 5209 York Road, known as McCabe Mansion, comprises a stately 23,841 square foot (GBA) three story marble building. The original portion of the building was constructed c. 1875 for a well-known bridge and tunnel builder of the era, and was subsequently expanded over the past 150 years. The building is arranged for approximately 50 office suites and garages, currently leased to a total of 23 tenants for a gross scheduled monthly rent of $19,665 for March of 2026. The property features surface parking, two garage bays with the potential for drive-through loading, high visibility pole sign and a daily traffic count of 17,731 (AADT). The auction provides an opportunity to purchase a high revenue building with a strong value-add proposition relating to management and operating expenses. There is also an excellent opportunity for comprehensive redevelopment for a variety of commercial and residential uses. LOCATION: The McCabe Mansion is located at the corner of York Road and McCabe Avenue in the Winston-Govans neighborhood in North Baltimore. Surrounding neighborhoods include Woodbourne-McCabe, Radnor-Winston, Homeland and Guilford. Loyola College Maryland and Notre Dame of Maryland University are located one-quarter mile west. Exposure at the site is healthy, with daily traffic of approximately 17,731 cars per day (AADT) according to MDOT transportation statistics. York Road is the primary north-south artery in Baltimore east of I-83. The well trafficked 4+ lane road features a variety of retail stores, restaurants, offices and service businesses in close proximity. Nearby housing is a mix of traditional Baltimore rowhomes, single family detached housing, garden apartment complexes and student housing. For more information about the area, please visit: Live Baltimore – livebaltimore.com CoDeMap – cels.baltimorehousing.org CityView Map – cityview.baltimorecity.gov SITE: Lot size: 0.474 acre, more or less, according to public tax records The lot fronts approximately 100' along York Road, with depths of approximately 180'. Front and rear macadam paved parking areas for approximately 30 vehicles. Curb cuts on both York Road and McCabe Avenue. Pole sign. Zoned C-2 Commercial, with a variety of uses available. Zoning Information: Zoning Code – www.baltimorecity.gov IMPROVEMENTS & UNIT DESCRIPTIONS: Three story marble and brick building containing 23,841 square feet of gross building area, according to public tax records. According to Maryland Historic Trust documents, the original portion of the building was constructed c. 1875 by Col. Lawrence McCabe and is of a Second Empire inspired architecture. Col. McCabe is credited as being a prominent bridge and tunnel builder with ties to the B&O Railroad and Holland Tunnel in New York. The building was expanded in subsequent decades. The building is currently arranged for a total of 50 tenant spaces, including offices and unfinished garage spaces. Some tenants rent multiple spaces. There are shared powder rooms on each floor with some units also having private powder rooms. See floor plans for layout. Note: unit numbers on the floor plans do not align with actual tenant and lease designations. There are currently 23 total tenants paying a total of $19,665/month for March of 2026. January and February rents were $18,110 and $18,960, respectively. Gross scheduled annual rent for 2026 is in excess of $200,000. Landlord pays heat and utilities. Exterior features include: Marble, stone and brick exterior Mansard roof with architectural shingles, hip roof with architectural shingles and flat built-up roof Aluminum and wood windows, dormers Columns Wood architectural detail Two roll-up doors Interior features include: Wood, carpet, and tile flooring Plaster and drywall Original balustrade, marble mantles and other architectural details Gas fired boiler – approximately 12 years old 7+ heat pumps and CAC TITLE: The property is in fee simple and sold free and clear of liens. TAXES: Current annual real property taxes are $16,657.66 based on a full value tax assessment of $705,833. FINANCIAL INFORMATION & LEASES: Please complete the Waiver and Confidentiality Agreement to receive copies of rent roll, leases and other due diligence information. SUMMARY TERMS OF SALE: Please see the contract of sale for complete terms. Live Auction Bidders – A deposit of $50,000, payable by cashier’s check, will be required of the purchaser at time and place of sale. Online Auction Bidders – A deposit of $50,000, payable by cashier’s check or wire, will be required of all online bidders prior to the start of the live auction. The deposit will be held in escrow until the completion of the auction and will be retained from the winning bidder. Other bidder deposits will be returned within one business day. Interested parties who do not provide a deposit in advance as stated above will not be permitted to bid. The deposit shall be increased to 10% of the purchase price by 11:00 A.M., Monday, March 30, 2026 at the Auctioneer’s office (wire or cashier’s check). Deposit funds shall be held by A. J. Billig & Co., LLC. Balance to be paid in cash at settlement, which shall take place by 5 p.m. Eastern Time on May 15, 2026. Full terms of sale available via sample contract in documents section or from listing broker.

FOR SALE DETAILS

PRICE

$400,000 USD

PRICE/SF

$28 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Storefront Retail/Office, Loft/Creative Space, Medical

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.47 AC

LAND SF

20,647 SF

ZONING

C-2

APN/PARCEL ID

5165-095

ASK ABOUT THIS PROPERTY

Charles BilligA.J. Billig & Co. AuctioneersMore Info
410-206-3522

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Charles BilligA.J. Billig & Co. AuctioneersMore Info
410-206-3522

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