Log In/Sign Up
Your email has been sent.
4805-4811 Belair Rd
Baltimore, MD 21206
Retail Property For Sale
Investment Highlights
- Significant value-add opportunity
- Opportunity to retenant the retail spaces and increase the leasable dollar per square ft
- Favorable timing for a new operator to implement capital improvements to the building due to the current lease setup by the landlord
- Opportunity to renovate the unfinished apartments and increase monthly gross rent
- Lease Conversion possibility to NNN
Executive Summary
AHRG is pleased to present 4805-4811 Belair Rd. This is a 6-unit mixed-use building located in the commercial corridor of Belair-Edison (North East Baltimore), with a building lot size of 9147.6 square feet (0.21 acres). The building includes two apartments (residential dwellings) and four retail spaces occupied by multiple small businesses. It is situated on a well-trafficked road near Baltimore County, with over 20,000 vehicles passing daily.
Currently, the property generates $ 4500 monthly, and all leases are modified gross.
Currently, the property generates $ 4500 monthly, and all leases are modified gross.
Property Facts
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Building Size
7,725 SF
Building Class
C
Year Built
1902
Price
$697,236 CAD
Price Per SF
$90.26 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.81
Lot Size
0.22 AC
Zoning
C-2
Parking
10 Spaces (1.29 Spaces per 1,000 SF Leased)
Frontage
42’ on Belair Rd
Property Taxes
| Parcel Number | 5937-003 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $183,331 CAD |
Property Taxes
Parcel Number
5937-003
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$183,331 CAD
1 of 14
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
