520 Baltimore StTaneytown, MD 21787

Property Details for 520 Baltimore St

Year built

1995

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.52 AC

Property size (Sq ft)

2,560 SF

Zone code

GENER

Property type

Specialty properties

Property subtype

Other specialty properties

APN

01-034553

APU

1034553

Description

This exceptional investment opportunity presents itself in the form of the Taneytown Shopping Center, a thriving 90,703-square-foot community retail center strategically located at 520 E Baltimore St, Taneytown, MD 21787. Boasting a prime location along East Baltimore Street, experiencing approximately 13,000 vehicles per day, this center enjoys high visibility and accessibility. The center is anchored by Kennie’s Marketplace, the only grocery store in the immediate area, ensuring a consistent flow of customers. A strong tenant mix includes well-established businesses such as Family Dollar, Advance Auto Parts, and Anytime Fitness. Currently, two spaces are available, offering flexible sizes ranging from 6,000 to 9,175 square feet. Space 11 is already finished as a medical facility, while Suite 12's adaptable layout is perfect for multiple vendors. The lease rate is competitively priced at $9.50 per square foot, plus $2.25 per square foot in NNN expenses. This presents a rare chance to acquire a well-established, grocery-anchored retail center in a high-traffic location within Carroll County, Maryland. The property's strong tenant base and prime location make it an attractive investment with significant potential for growth and return.

• Alternative Use

  Use

  Valuation

  Residential

  $445,180

  Hospitality

  $407,782

  Educational

  $339,270

  Medical

  $350,938

  Retail

  $527,753

Location Insight

City

Taneytown

County

Carroll

State

Maryland

Latitude

39.6491

Longitude

-77.1578

CBSA code

12580

CBSA name

BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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