0.28 Acres Lot
0.28 Acres Lot
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID MDBA2199492
Year Built 1958
Annual Tax Amount $31,765
Tax Year 2024
Lot Size 0.276 Acres
Acres 0.28
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
• Value-Add Opportunity through rent increases and potential repositioning • Enterprise Zone Designation delivering attractive tax incentives and benefits • Recent Capital Improvements, including an updated roof and HVAC Units reducing near-term maintenance expenses • Dedicated Private Parking located at the rear of the property. Location & Demand Drivers: Strategically positioned along the heavily traveled York Road corridor, the property enjoys exceptional visibility and access to major transportation routes. It is surrounded by a robust tenant base driven by nearby institutions: • Loyola University Maryland • Johns Hopkins University • Johns Hopkins Hospital • MedStar Union Memorial Hospital. The area is rich with amenities that support strong tenant demand, including: • PNC Bank, Wells Fargo, Bank of America • The Rotunda Shopping Center • Towson Town Center • Numerous dining, retail, and service-oriented businesses. These demand drivers create a high-performing rental market with excellent long-term stability.
Estimated Yearly Expenses
Taxes: $34,033.56
Insurance: $3,500.00
Water: $21,840.00
BGE: $39,000.00
Trash: $4,170.00
Summary: With strong in-place income, minimal vacancy, many under-market rents, recent building upgrades, and a highly strategic location, 5900 York Road represents a high-performing, value-add mixed-use asset with immediate and long-term upside. Ideal for investors seeking both cash flow and appreciation.
Location
State MD
County Baltimore City
Zoning B-2-2
Interior
Hot Water Other
Heating Forced Air, Other
Cooling Central A/C, Other
Heat Source Other
Exterior
Water Access N
Roof Type Asphalt
Street Surface Access - Above Grade
Accessibility None
Road Frontage City/County, State
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
High Schools Heritage
School District Baltimore City Public Schools
Others
Tax ID NO TAX RECORD
Ownership Fee Simple
Special Listing Condition Auction
Virtual Tour https://d2vrlkapqxqgs1.cloudfront.net/1626/445645/download/69b4774061c53/misc/5900_York_Road_Baltimore_MD_21212.mp4
Nearby Locations
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