Exceptional opportunity to acquire an 73% leased, income-producing mixed-use property in one of Northwest Baltimore's most visible commercial corridors and within a mile of the hottest (because of the State's multi-million dollar investment in the Pimlico race track) commercial sector of Park Heights. Situated along highly traveled W. Northern Parkway with approximately 33,885 vehicles passing daily, this well-maintained asset offers an attractive blend of stable commercial tenancy and residential income. Outstanding visibility from Northern Parkway and great signage opportunities. This property is also listed for lease as we fill a recent office vacancy.
The property consists of approximately 6,200 square feet of leasable space within a single two-story building and features five units, including three professional office suites on the main level and two renovated apartments (one 1-bedroom and one 2-bedroom). The diverse tenant mix provides dependable cash flow while reducing vacancy risk and presents itself perfectly for some value-add by providing the opportunity to create 4 more second floor residential apts. The residential units have been completely remodeled, while the building has been well maintained with numerous capital improvements.
Strategically located between Reisterstown Road and Park Heights Avenue, the property benefits from outstanding visibility, convenient access, and strong neighborhood demographics. The site includes 18 surface parking spaces, providing ample parking for office tenants, residents, and visitors.
Whether you're completing a 1031 exchange, expanding your investment portfolio, or seeking a stable, turnkey asset with long-term upside, this property offers an exceptional combination of location, occupancy, and diversified income.
Property Highlights:
73% leased mixed-use investment
Five total units: three professional offices and two apartments
Approximately 6,200 SF of leasable area
Two completely renovated residential units
Strong daily traffic count of approximately 33,885 vehicles
Excellent visibility on W. Northern Parkway
Convenient access to Reisterstown Road, Park Heights Avenue, and major commuter routes
18 on-site surface parking spaces
Professionally maintained building with recent capital improvements
Ideal opportunity for investors seeking stable cash flow with future appreciation potential
commercial
$713 Monthly Tax
Built in 1970
MLS/Listing ID MDBA2221446
1 Units
Parking - Unassigned
Parking - Private
Public Sewer
Lot - Cleared
Heating - Electric
Carpet
Cooling - Central Air
Construction - Brick
Public Water
TOTAL MONTHLY COST
$0
$0
$0
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the BrightMLS. Real estate listings held by brokerage firms other than Douglas Elliman of VA are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
All information deemed reliable but not guaranteed. Last date updated: 07/16/2026.
Source: Bright Multiple Listing Service, Inc.
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