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sales rep | Brivity IDX

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4000 W Northern Pkwy , Baltimore, MD 21215
$795,000
Est. Payment: $4,231.32/mo
6742 Sqft
Status: active under contract | Days on site: 112
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KWF1 - 3020355
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House Description

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

Highlights

Listed by Sam M Tanner , 4436182585 Keller Williams Flagship , 4107297700. Bright MLS

Property Type

Commercial Sale

Year Built

1970

County

Baltimore City

School District

Baltimore City Public Schools

Listing ID

MDBA2221446

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Interior Features

Air Cond:Central A/C
Fireplaces:
Floor:Carpet
Water:Public

Exterior Features

Lot:Cleared,Corner,Sloping,Not New Construction,Horse Property: No,In City Limits
Garage Capacity:18
Zoning:R-5
Roof:Asbestos Shingle
Others:
  • ▪ Additional:Excellent
Sewer:Public Sewer
Parking Features:Paved Parking,Unassigned,Surface,Private,Parking Lot,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Principal Interest
$4,231
Taxes
$713

Home Price

$795,000

Loan Details

30 yrs
7%

Down Payment

20%
$159,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$4,231.32

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,231.32 $713.17 $0.00 $4,944.49
Yearly $50,775.89 $8,558.00 $0.00 $59,333.89
Total $1,523,276.59 $256,740.00 $0.00 $1,780,016.59
Lender profile image
Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Baltimore, MD).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-13T23:12:42.000Z

© 2026 Bright MLS