2126 Maryland AveBaltimore, MD 21218

  • Office properties
  • 15,744 SF
For Lease
$15/SF/YR View listing

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
2126 Maryland Ave, Baltimore, Maryland

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$17,897
-
-
$758,367
-
$246,400
$1,204,100
$1,450,500

FAQs

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