Baltimore MD Commercial for Sale
- Type:
- General Commercial
- Sq.Ft.:
- 1,314
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.03 Acres
- Year built:
- 1920
- Baths:
- 2.00
- MLS#:
- MDBA2136866
ADDITIONAL INFORMATION
2 unit / 2 separate meter mixed use Building First floor currently restaurant take out concept. well maintained , New electric Panel , all the appliance included for new owner . upstair Central HVAC , 3 bedroom and 1 full bath recently remolded .
$2,950,000
3529 Dolfield Avenue Baltimore, MD 21215
- Type:
- Retail
- Sq.Ft.:
- 14,656
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.61 Acres
- Year built:
- 1950
- Baths:
- MLS#:
- MDBA2117056
- Subdivision:
- None Available
ADDITIONAL INFORMATION
Dolfield Plaza, 100% leased. A retail shopping center building of 11 units, +/- 14,656 finished sf and lot size of +/- 0.61 acres, zoned C-2, located at busy traffic and walkable intersection of Dolfield Ave and W Cold Spring Lane. Across from the Post Office at Dolfield Ave. Close to Loyola College. Same Owner has managed the Center for 33 years with no increase in rent. Tremendous potential for some units to increase rent to market value by the new Owner. Low maintenance building. Eight units are rented by long term tenants doing various retail business as Beauty supplies, Barber shop, Carry out restaurant, Pharmacy and a Medical Clinic. Remaining 3 units were leased within the last year. Sold As-Is.
- Type:
- General Commercial
- Sq.Ft.:
- 4,218
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.24 Acres
- Year built:
- 1926
- Baths:
- MLS#:
- MDBA2114854
ADDITIONAL INFORMATION
Must Sell! Appraised at $1.2M - $150,000 Discount! $126,000 Gross Income generating a 7.49% Cap Rate. Three Parcel C-2 Commercial, all-brick 12,354 sq. ft. building sitting on a 0.23-acre corner lot. Five Commercial/Retail tenants on the ground floor with additional residential units on the second floor. Retail Tenants include: Tax Preparation Service, Hair Salon, Driving School, Paparazzi African Grill & a Shipping Company. Residential Units: 5447 Park Heights has three 2BD 2BA apartments, 5451 Park Heights has a studio apartment and 3 rooming units, and 5455 Park Heights also has a studio apartment and 3 rooming units. Commercial units are impressive with 110 ft deep lots, a front 10-car parking lot for customers, and rear garage entrances for the commercial tenants. The seller has invested $100,000 into improvements but a large value-add opportunity exists to increase rent, equity, and cash flow! With proper improvements, management, and tenant makeup, the rent roll could be significantly increased very quickly. C2 Zoning would allow reconfiguration of rooming units into standard apartments if desired. Located in a prime corner location in fast-developing Park Heights. The attractive mix of neighborhood retail in a dense and high-traffic area and affordable residences make this property nearly recession-proof and a solid income earner for your portfolio. Donât miss out. Contact us for more info today!
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Baltimore Real Estate
The median home value in Baltimore, MD is $180,200. This is higher than the county median home value of $177,100. The national median home value is $338,100. The average price of homes sold in Baltimore, MD is $180,200. Approximately 39.96% of Baltimore homes are owned, compared to 43.41% rented, while 16.62% are vacant. Baltimore real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Baltimore real estate agent to arrange a tour today!
Baltimore, Maryland 21215 has a population of 592,211. Baltimore 21215 is more family-centric than the surrounding county with 19.18% of the households containing married families with children. The county average for households married with children is 18.62%.
The median household income in Baltimore, Maryland 21215 is $54,124. The median household income for the surrounding county is $54,124 compared to the national median of $69,021. The median age of people living in Baltimore 21215 is 35.7 years.
Baltimore Weather
The average high temperature in July is 88.1 degrees, with an average low temperature in January of 27.4 degrees. The average rainfall is approximately 42.3 inches per year, with 18.5 inches of snow per year.