Lender-owned office with warehouse property located in the Parkville submarket of Northeast Baltimore, positioned directly along the Harford Road commercial corridor with regional access via I-695 (Baltimore Beltway), Perring Parkway, Belair Road, and East Northern Parkway.
The asset was previously marketed at $1,700,000 and is now offered at $799,000, representing a substantial basis reset for investors and owner-users.
The surrounding neighborhood consists of a stable mix of residential and commercial/light-industrial uses with no major adverse conditions noted by the appraiser.
Zoning is OR-1 (Office-Residential), and the appraiser concluded the highest and best use (as-vacant and as-improved) to be continued office with rear warehouse configuration.
Property is being sold by the lender AS-IS, WHERE-IS, with no seller repairs or warranties.