137 Westminster AveWestminster, MD 21157

Property Details for 137 Westminster Ave

Year built

1950

Construction

BRICK

Lot size

0.17 AC

Property size (Sq ft)

4,200 SF

Zone code

R-750

Property type

Industrial properties

Property subtype

Other warehouses

APN

07-068549

APU

7068549

Description

This exceptional investment opportunity presents a 5,480 square foot mixed-use building situated on a 0.17-acre lot at 137 Westminster Avenue in Westminster, Maryland. The property comprises seventeen secure, enclosed storage units, sixteen of which are currently leased, generating immediate positive cash flow. The two-level brick building offers substantial rental income potential with low maintenance and overhead costs, making it an attractive proposition for small investors seeking a reliable, high-return asset. The units are conveniently accessed from the ground level via public street access. Large garage bays are also included, providing ample space for various uses. Located within the city limits of Westminster, this property benefits from a desirable location and strong rental demand. The existing tenant base provides immediate income, minimizing vacancy risk and maximizing return on investment. This property is ideal for an investor seeking a low-maintenance, high-yield investment or an owner/contractor requiring storage space with supplemental rental income. The substantial square footage and multiple units offer significant flexibility and growth potential. This is a rare opportunity to acquire a proven income-producing asset in a thriving Maryland market.

• Alternative Use

  Use

  Valuation

  Residential

  $730,373

  Hospitality

  $669,017

  Educational

  $556,615

  Medical

  $575,757

  Retail

  $865,845

Location Insight

City

Westminster

County

Carroll

State

Maryland

Latitude

39.5711

Longitude

-76.9951

CBSA code

12580

CBSA name

BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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