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4601 Leeds Ave 3,470 SF 100% Leased Retail Building Baltimore, MD 21229 $1,109,184 CAD ($319.65 CAD/SF)

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INVESTMENT 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

EXECUTIVE SUMMARY

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. Verizon Fios currently at building with upload / download speeds of up to 1 Gbps. Comcast service also available with speeds of up to 1.25 Gbps. 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.

ATTACHMENTS

Flyer - final

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
3,470 SF
Building Class
C
Year Built/Renovated
1928/2020
Price
$1,109,184 CAD
Price Per SF
$319.65 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Slab To Slab
10’
Building FAR
0.40
Lot Size
0.20 AC
Zoning
BL - Business, Local (BL)
Parking
8 Spaces (2.31 Spaces per 1,000 SF Leased)
Frontage
54’ on Leeds Ave

AMENITIES

  • 24 Hour Access
  • Security System
  • Air Conditioning

NEARBY MAJOR RETAILERS

WesBanco
Truist
Shore United Bank
Weis Markets
America's Best Wings
Bank of America
Giant Food
Five Guys
Apple Spice

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
13-1307290190
Land Assessment
$173,539 CAD
Improvements Assessment
$284,929 CAD
Total Assessment
$458,468 CAD
  • Listing ID: 34554922

  • Date on Market: 2025-01-21

  • Last Updated:

  • Address: 4601 Leeds Ave, Baltimore, MD 21229

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