2126 Maryland AveBaltimore, MD 21218
- Office properties
- 15,744 SF
Property Details for 2126 Maryland Ave
- Year built
- 1920
- Construction
- BRICK
- Lot size
- 0.14 AC
- Property size (Sq ft)
- 15,744 SF
- Zone code
- C-1
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 12-07-3609 -013
- APU
- 12073609013
Description
This exceptional 3,000 square foot retail or restaurant space, located at 2126 Maryland Avenue, presents a unique investment opportunity. The single-tenant building, situated on a 0.14-acre lot, boasts a rich history, having been constructed in 1920 and extensively renovated in 2024. The property's C-1 zoning allows for a variety of uses, making it ideal for a diverse range of businesses. The building features a single story and offers ample parking with four spaces available. The interior is ready for immediate occupancy, with 3,000 square feet of vacant space awaiting its next tenant. The property benefits from a robust 200+ amp electrical service, ensuring sufficient power for most commercial needs. Its prime location on Maryland Avenue guarantees high visibility and foot traffic, making it an attractive proposition for businesses seeking a strong presence in a vibrant community. The property's Class C designation reflects its solid construction and recent upgrades. The Assessor's Parcel Number (APN) is 0312073609 013. This is a rare opportunity to acquire a fully renovated, historically significant commercial property in a desirable location. Don't miss out on this chance to establish your business in a thriving area.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $3,394,770
- 6.5%
- $3,133,634
- 7%
- $2,909,803
-
Comparable approach
- Method
- Valuation
- Relative Method
- $990,455
- Geo Method
- $990,455
-
Alternative Use
- Use
- Valuation
- Residential
- $3,885,706
- Hospitality
- $3,559,286
- Educational
- $2,961,284
- Medical
- $3,063,127
- Retail
- $4,606,442
Location Insight
- City
- Baltimore
- County
- Baltimore City
- State
- Maryland
- Latitude
- 39.314
- Longitude
- -76.6185
- CBSA code
- 12580
- CBSA name
- BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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