Description
Exceptional mixed-use retail in the heart of North East Baltimore!! (very close to the Baltimore county border line) This property is located at 7231 Harford Rd . It is a 3-unit mixed-use retail property with 2 retail spaces and an apartment upstairs with 2 bedrooms and 1 bath. Also, over 7,000 vehicles per day pass this road. Currently, the basement is leased to a hair salon, while the apartment and first-level storefront are vacant and ready to be leased. This brings a great stabilization opportunity for a new operator to fully lease and hold the building as an income-producing asset. The gross proforma rent when fully leased is around 3700 dollars monthly. Which would potentially be a $44,400 dollars in annual gross rent. Schedule your tour today to see why this is an excellent investment!!
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2BEDS
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0.05ACRES
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2BATHS
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11/2 BATHS
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3,228SQFT
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$93$/SQFT
Description
Exceptional mixed-use retail in the heart of North East Baltimore!! (very close to the Baltimore county border line) This property is located at 7231 Harford Rd . It is a 3-unit mixed-use retail property with 2 retail spaces and an apartment upstairs with 2 bedrooms and 1 bath. Also, over 7,000 vehicles per day pass this road. Currently, the basement is leased to a hair salon, while the apartment and first-level storefront are vacant and ready to be leased. This brings a great stabilization opportunity for a new operator to fully lease and hold the building as an income-producing asset. The gross proforma rent when fully leased is around 3700 dollars monthly. Which would potentially be a $44,400 dollars in annual gross rent. Schedule your tour today to see why this is an excellent investment!!
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