6401-6405 Belair Rd - Storefront Retail/Office FOR SALE


Baltimore, MD 21206
$480,000 USD
410-499-8292
6401-6405 Belair Rd, Baltimore, MD for Sale
$480,000 USD
Storefront Retail/Office - FOR SALE
1/58
null | 11.07% Cap Rate

NEW


6401-6405 Belair Rd
Baltimore, MD 21206


OVERVIEW

Attention New and Experienced Real Estate Investors! Are you ready to expand your portfolio into Commercial Real Estate? This is the opportunity you've been waiting for! This well-maintained 7-unit property offers a diverse mix of 1 residential unit and 6 fully occupied commercial units, making it a lucrative investment. With two one-year leases up for renewal and the remaining tenants on month-to-month agreements, this property provides incredible upside potential. Long-term tenants add stability, and two recently secured leases ensure consistent income. Pride of ownership shines throughout, with upgraded systems, electrical, and plumbing already in place. Plus, tenants cover their own gas and electric, and the property boasts an impressive 10%+ cap rate. As an added bonus, the seller also owns an adjacent 2-unit brick building with two large attached garages. The 2nd-floor tenant currently rents both the apartment and warehouse/garage at below-market rates, offering an immediate value-add opportunity. Meanwhile, the 1st floor is move-in ready for an owner-user or can be leased quickly to further boost returns. Financial analysis is available upon request, and the seller is open to financing 6401-6405 Belair for well-qualified buyers. Don’t miss this exceptional opportunity to invest in a stable, versatile property with significant income potential. Schedule your showing today!

FOR SALE DETAILS

PRICE

$480,000 USD

PRICE/SF

$62 USD /SF

CAP RATE

11.07%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1927

SPRINKLERS

-

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

Commercial

APN/PARCEL ID

26-23-5710-001

ASK ABOUT THIS PROPERTY

Kathy TownsendCummings & Co. CommercialMore Info
410-499-8292

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Kathy TownsendCummings & Co. CommercialMore Info
410-499-8292

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