5224 York Rd, BALTIMORE
$1,850,000 - 16,650 Sf
MLS® # MDBA2099438
5900 York Road, BALTIMORE
$2,445,000
0 Beds
0 Baths
11,761 Sqft
0 Acres
0 Garages
**Subject to Offer - This post needs to include the ideal asking price, but the property is opentooffers.**
The retail and office property at 5900 York Road, Baltimore, MD 21212, offers compelling investment highlights. Situated on a prominent thoroughfare with high visibility and accessibility, the property benefits from a diverse surrounding area encompassing residential, retail, and commercial developments, ensuring consistent foot traffic and customer demand. Key nearby amenities include major banks such as PNC Bank, Wells Fargo Bank, and Bank of America, alongside popular grocery stores like Giant Food, ALDI, and The Fresh Market, and prominent shopping centers such as The Rotunda Shopping Center, Towson Town Center, and Mondawmin Mall. This mixed-use property features a versatile layout comprising office spaces equipped with a receptionist area, director's office, multiple employee offices, conference rooms, storage areas, and common areas. The property operates under a double net lease, providing stability and predictable income streams for investors.
Strategically, the property presents significant opportunities for value enhancement through targeted renovations and operational improvements. By enhancing tenant spaces and upgrading amenities, including its comprehensive office setup, the property can attract higher-paying tenants, thereby increasing rental income and overall property value. Effective property management practices will optimize operational efficiency, leading to reduced expenses and increased Net Operating Income (NOI). Positioned within a robust and growing Baltimore market characterized by strong economic fundamentals and increasing consumer spending, the property is well-positioned to deliver attractive long-term returns for investors looking to capitalize on the region's ongoing development and commercial activity.
**Subject to Offer - This post needs to include the ideal asking price, but the property is opentooffers.**
Essential Information
MLS® #MDBA2145870
Price$2,445,000
Bathrooms0.00
Square Footage11,761
Acres0.00
Year Built1958
TypeCommercial Sale
Sub-TypeRetail
StatusActive
Community Information
Address5900 York Road
CityBALTIMORE
CountyBALTIMORE CITY-MD
StateMD
MunicipalityBALTIMORE
Zip Code21212
Interior
HeatingForced Air
CoolingCentral A/C
Exterior
RoofAsphalt
School Information
DistrictBALTIMORE CITY PUBLIC SCHOOLS
HighHERITAGE
Additional Information
ZoningB-2-2
Listing Details
OfficeMidfield Realty
Office Contact4104985408
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Listing information last updated on December 21st, 2024 at 12:03pm EST.
