5415 East Dr - Retail FOR SALE


Halethorpe, MD 21227- Arbutus
$1,295,000 USD
410-505-3110
5415 East Dr, Halethorpe, MD for Sale
$1,295,000 USD
Retail - FOR SALE
1/11
null | 9% Cap Rate

5415 East Dr
Halethorpe, MD 21227
Arbutus


HIGHLIGHTS

  • Approximately 9.0% capitalization rate
  • 2026 income tracking consistently with 2025 performance
  • Multiple tenants and diversified income sources (3 retail and 1 residential)
  • Town Center setting in Arbutus. Walk on a busy local street with restaurants, movie, café, convenient stores, and more.
  • 1-2 mile (straight line) from I-95, I-695, MARC train station, UMBC college, Home Depot, Walmart, a new Dollar Tree steps away
  • Leases, rent roll, operating statements, and supporting deposit records available to qualified buyers

OVERVIEW

Rare opportunity to acquire two adjacent, income-producing mixed-use buildings at 5415 and 5417 East Drive in Arbutus, Maryland. The property generated approximately $116k in actual net operating income during 2025. At the asking price of $1,295,000, the property offers an approximately 9.0% capitalization rate. It offers a diversified 4 tenants across approximately 9,500 square feet of rentable space. The improvements include two first-floor retail spaces totaling approximately 3,800 square feet, together with approximately 4,000 square feet of lower-level commercial space and a 2nd floor apartment with about 1260 sf. This offering may be attractive to private investors, local property owners, and 1031 exchange buyers seeking strong current income at a price below $1.5 million. The property is located within Arbutus’s established, walkable TOWN-CENTER like commercial district. Customers and visitors move throughout the surrounding retail blocks to access restaurants, neighborhood businesses, entertainment, and other amenities, including the nearby movie theater. Consistent with the town-center setting, parking is provided through street parking and shared public parking areas, including a large 50+ car public parking lot located across East Drive. The property combines strong current income with a convenient Baltimore County location near UMBC, the Halethorpe MARC Station, I-695, I-95, BWI Airport, and major neighborhood retailers. ADJACENT PROPERTY AVAILABLE SEPARATELY The adjacent small automotive tire shop or small mechanic shop garage property located at 5413 East Drive is also available for separate purchase. A buyer may acquire 5415 and 5417 East Drive as a stand-alone income investment or consider acquiring the entire three-building assemblage. Package pricing and additional information are available upon request. FINANCIAL INFORMATION Financial information available to qualified buyers includes: • Current rent roll • Existing leases and occupancy information • 2025 income and expense statement • 2026 year-to-date operating statement • Property tax, insurance, and utility information • Supporting rent deposit in bank statements. FINANCING If the buyer needs a pre-qualification letter, we have a resource (that's very familiar with this deal) to provide to the buyer.

FOR SALE DETAILS

PRICE

$1,295,000 USD

PRICE/SF

$136 USD /SF

CAP RATE

9%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Auto Repair, Storefront, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1987

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,038 SF

ZONING

BL

APN/PARCEL ID

13-1311470120,13-1311470121

ASK ABOUT THIS PROPERTY

K WangOld Telegraph ManagementMore Info
410-505-3110

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K WangOld Telegraph ManagementMore Info
410-505-3110

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