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3217 Belair Rd 2,550 SF Retail Building Baltimore, MD 21213 $265,000 ($103.92/SF)
Investment Highlights
- Highly trafficked area in north east baltimore
- 2 gen restaurant space and equipment included with the sale
- Brand New HVAC and roof
- immense foot traffic and visibility, business owners do exceptionally well on sales on this street
- Over 21,423 cars trackicting the road daily
- opportunity for new owner to complete the apartments upstairs for extra income
Executive Summary
AHRG has been retained on an exclusive basis to arrange the sale of 3217 Belair Rd. This is a turnkey retail property that has recently been fully renovated. The current owner has implemented many capital improvements, including brand-new HVAC units, a new roof, and finished interior spaces currently configured as a 2-gen restaurant space. This presents an excellent opportunity for a restaurant operator or business owner to acquire this turnkey mixed-use retail building.
Upstairs, there is also unfinished space that can be converted into an apartment for future rental income, or the owner or employees could reside there to reduce operational expenses as a business owner.
Upstairs, there is also unfinished space that can be converted into an apartment for future rental income, or the owner or employees could reside there to reduce operational expenses as a business owner.
Property Facts
Sale Type
Owner User
Sale Condition
Build to Suit
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
2,550 SF
Building Class
B
Year Built
1920
Price
$265,000
Price Per SF
$103.92
Tenancy
Single
Building Height
2 Stories
Slab To Slab
10’
Building FAR
0.73
Lot Size
0.08 AC
Zoning
C-1 - C-1 Commercial
Parking
2 Spaces (0.78 Spaces per 1,000 SF Leased)
Frontage
19’ on Belair Rd
Moderately walkable
70/100
Very drivable
80/100
Good public transit
70/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $223,100 | |
| Land Assessment | $138,400 | Total Assessment | $361,500 |
Property Taxes
Parcel Numbers
Land Assessment
$138,400
Improvements Assessment
$223,100
Total Assessment
$361,500
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3217 Belair Rd