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$2,445,000
48 Days On Site

5900 York Road
Baltimore, MD 21212

For Sale|Retail|Active
0
Beds
0
Full Baths
0
Partial Baths
17,100
SqFt
$143
/SqFt
1958
Built
County:
BALTIMORE CITY
Listing courtesy of Midfield Realty

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5900 York Road5900 York Road5900 York Road5900 York Road
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**Subject to Offer - This post needs to include the ideal asking price, but the property is open to offers.** 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 open to offers.**

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Listing Snapshot
Price 
$2,445,000
Days On Site 
48 Days
Bedrooms 
N/A
Inside Area (SqFt) 
17,100 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1958
MLS® Number 
MDBA2145870
Status 
Active
Property Tax 
$31,765
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 months agoListing updated with changes from the MLS®
2 months agoListing first seen on site
General Features
Property Sub Type 
Retail
Sewer 
Public Sewer
SqFt Total 
17100
Water Source 
Public
Interior Features
Cooling 
Central Air
Heating 
Forced AirElectricNatural Gas
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Exterior Features
Roof 
Asphalt
Listing courtesy of Midfield Realty



The real estate listing information is provided by Bright MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.

Neighborhood & Commute
Source: Walkscore
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