UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID MDBA2199492
Year Built 1958
Annual Tax Amount $31,765
Tax Year 2024
Lot Size 0.276 Acres
Acres 0.28
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
• Value-Add Opportunity through rent increases and potential repositioning • Enterprise Zone Designation delivering attractive tax incentives and benefits • Recent Capital Improvements, including an updated roof and HVAC Units reducing near-term maintenance expenses • Dedicated Private Parking located at the rear of the property. Location & Demand Drivers: Strategically positioned along the heavily traveled York Road corridor, the property enjoys exceptional visibility and access to major transportation routes. It is surrounded by a robust tenant base driven by nearby institutions: • Loyola University Maryland • Johns Hopkins University • Johns Hopkins Hospital • MedStar Union Memorial Hospital. The area is rich with amenities that support strong tenant demand, including: • PNC Bank, Wells Fargo, Bank of America • The Rotunda Shopping Center • Towson Town Center • Numerous dining, retail, and service-oriented businesses. These demand drivers create a high-performing rental market with excellent long-term stability.
Estimated Yearly Expenses
Taxes: $34,033.56
Insurance: $3,500.00
Water: $21,840.00
BGE: $39,000.00
Trash: $4,170.00
Summary: With strong in-place income, minimal vacancy, many under-market rents, recent building upgrades, and a highly strategic location, 5900 York Road represents a high-performing, value-add mixed-use asset with immediate and long-term upside. Ideal for investors seeking both cash flow and appreciation.
Location
State MD
County Baltimore City
Zoning B-2-2
Interior
Hot Water Other
Heating Forced Air, Other
Cooling Central A/C, Other
Heat Source Other
Exterior
Water Access N
Roof Type Asphalt
Street Surface Access - Above Grade
Accessibility None
Road Frontage City/County, State
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
High Schools Heritage
School District Baltimore City Public Schools
Others
Tax ID NO TAX RECORD
Ownership Fee Simple
Special Listing Condition Auction
Virtual Tour https://d2vrlkapqxqgs1.cloudfront.net/1626/445645/download/69b4774061c53/misc/5900_York_Road_Baltimore_MD_21212.mp4
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