4601 Leeds Ave - Storefront Retail/Office FOR SALE


Baltimore, MD 21229
$795,000 USD
443-546-3670
4601 Leeds Ave, Baltimore, MD for Sale
$795,000 USD
Storefront Retail/Office - FOR SALE
1/18
null | Request Cap Rate

4601 Leeds Ave
Baltimore, MD 21229


HIGHLIGHTS

  • UMBC is only 2 miles away, the UMBC Transit Bus Stop is just a 2-minute walk, the MARC Station is only 5-minute drive and Giant & Weis Food are nearby

OVERVIEW

This unique property can allow a business owner to operate their business from the main level of the building, and either live upstairs in the 3 bedroom, 2 bathroom apartment or lease the apartment to generate additional income. The main level is ideal for up to 8 office employees with 3 private offices (including 2 new offices from the building expansion in 2020), a large open area easily able to accommodate 4-5 desks with a kitchen and 2 bathrooms. There is plenty of storage space in the basement, two garages and outside cargo units. The owner is in the alarm, data cabling and security business so the building has a state of the art security system, including many cameras as well as an electronic access control for the front door that uses your smart phone to unlock. The apartment has a separate entrance and is perfect for UMBC students and has been very easy to lease previously. The apartment is currently vacant, but it could be tenanted before closing if desired by a buyer. Alternatively, the upstairs could be converted from an apartment to additional office space. The BL zoning district permits more than 80 different types of principal uses including but not limited to (a) animal grooming; (b) automobile accessory shop; (c) barbershop and beauty shop; (d) electrical contractor; (e) food store; (f) hobby shop; (g) medical clinic; (h) office; (i) pet shop; (j) tavern; (k) vapor lounge; (l) veterinarian’s office and much more. The roof is around 8-10 years old. The HVAC unit for the main building was replaced in 2007 and the HVAC unit for the expansion was installed around 4-5 years ago. The cargo containers in the parking lot can be leased or purchased separately if additional storage is needed.

FOR SALE DETAILS

PRICE

$795,000 USD

PRICE/SF

$229 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

undefined, Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1928

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,581 SF

ZONING

BL

APN/PARCEL ID

13-1307290190

ASK ABOUT THIS PROPERTY

Joan GrussoMaryland Real Estate BrokersMore Info
443-546-3670

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Joan GrussoMaryland Real Estate BrokersMore Info
443-546-3670

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