** Viewings are permitted during normal business hours. Inspections shall not interfere with business operations and do not include offices, backrooms, storage areas, or secure areas. UNDER NO CIRCUMSTANCES MAY A PROSPECTIVE BIDDER/BUYER ASK QUESTIONS OF STORE MANAGERS OR STORE EMPLOYEES. ** Exceptional opportunity to purchase an updated and well-maintained strip shopping center and office complex known as "The Shoppes at Paradise Center"(known as 6423 Frederick Road, Catonsville, MD 21228 - Tax ID: 01-0111001920 and 6425 Frederick Road, Catonsville, MD - Tax ID: 01-0103000210) with road frontage along highly trafficked Frederick Road (MD Route 144). The shopping center/office complex is conveniently located in Catonsville, only a few blocks from nearby I-695 and minutes from major thoroughfares including I-70, I-195, US Route 40, Wilkens Avenue and S. Rolling Road, among others. Gross Potential Annual Rent is $300,000 (including Charges and Based on Full Occupancy) **. LOCATION: Catonsville is a census-designated place (CDP) in Baltimore County, Maryland with a population of over 41,000 as of the 2010 census. It is located to the West of Baltimore City and contains the majority of the University of Maryland, Baltimore County (UMBC), a major public research university with close to 14,000 students. The area is home to a diverse mix of eateries, coffee shops, shopping, parks and much more. SITE: Assemblage of two contiguous parcels. • 6423 Frederick Road (Tax ID: 01-0111001920): Contains 0.36 +/- acres (16,000 +/- sq. ft.) of land area which is zoned BL (Business Local) and served by all utilities. • 6425 Frederick Road (Tax ID: 01-0103000210): Contains 0.36 +/- acres (16,000 +/- sq. ft.) of land area which is zoned BL (Business Local) and served by all utilities. IMPROVEMENTS: • 6423 Frederick Road (Tax ID: 01-0111001920): Improved by a two-story masonry building which contains 10,206 +/- sq. ft. of above-grade building area (according to Baltimore County Tax Records) and a macadam parking lot in the rear. • 6425 Frederick Road (Tax ID: 01-0103000210): Improved by a one and two-story masonry building which contains 4,860 +/- sq. ft. of above-grade building area (according to Baltimore County Tax Records) and a macadam parking lot in the rear. The buildings contain a total of 25 rental units (including a small storage closet): • Retail Units: 10 • Office Units: 14 • Storage Closet: 1 Between 2014 and 2020, major interior and exterior improvements/renovations to the properties include: • new roofs • new windows • new HVAC • new electric service • new awnings • new plumbing • new retaining walls in the rear • new signage • newly paved parking lots • extensive interior improvements • partially re-wrapped exterior Typical finishes for the units include ceramic tile, laminate and vinyl tile floors along with drywall walls and ceilings. Heating is provided by gas fired forced air systems and cooling is provided by central air conditioning systems. The retail storefront tenants pay for their own electric and gas utilities, which are separately metered. The water/sewer bills are also paid by the respective retail storefront tenants, except for units 6419 and 6431. The water/sewer bills for units 6419 and 6431 are paid by the landlord. The office units are leased on a "Full Service" basis. The Landlord pays the electric, gas and water/sewer bills for all of the office tenants. Diligence Package: Rent roll, select expenses, leases and a survey are available for review and download from the Listing Broker's site (See link below). In order to gain access, you must create a free account as well as accept a non-disclosure agreement. The information contained herein was obtained from sources deemed reliable but is offered for informational purposes only. The auctioneer, the sellers and their respective agents and representatives do not make any representations or warranties with respect to the accuracy of the information contained herein. Prospective purchasers are urged to make their own inspection.