9520 Baltimore Ave - Freestanding FOR SALE


College Park, MD 20740- North College Park
$6,000,000 USD
410-227-7342
9520 Baltimore Ave, College Park, MD for Sale
$6,000,000 USD
Freestanding - FOR SALE
1/7
null | 11.99% Cap Rate

9520 Baltimore Ave
College Park, MD 20740
North College Park


HIGHLIGHTS

  • +38,000 SF commercial building with retail showroom, warehouse, administrative space, dedicated parking, and recently replaced roof (2022)
  • Delivered 100% vacant or with existing tenant in place.
  • Located on Rt. 1 / Baltimore Avenue (42,800 AADT) in College Park, MD and strategically positioned between I-495 (DC Beltway) and Rt. 193
  • Second floor office is currently leased to a church on a month-to-month basis but can be delivered 100% vacant.
  • Flexible NAC (Neighborhood Activity Center) zoning allows for a wide range of retail/office/commercial.
  • Improvements are in good condition and present a foundation for an investor to add value through leasing or an owner/user to capture this location

FOR SALE DETAILS

PRICE

$6,000,000 USD

PRICE/SF

$157 USD /SF

CAP RATE

11.99%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

undefined, Warehouse, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1957

SPRINKLERS

-

PARKING SPACES

56

LAND DETAILS

LAND ACRES

1.66 AC

LAND SF

72,310 SF

ZONING

NAC

APN/PARCEL ID

21-2284693

ASK ABOUT THIS PROPERTY

Benjamin WilsonGreysteel HoldingsMore Info
410-227-7342

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Benjamin WilsonGreysteel HoldingsMore Info
410-227-7342

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