3419 Belair Rd
Baltimore, MD 21213
Retail Property For Sale

ESTATE SALE COMMERCIAL BUILDING Zoned C-1 - 2,426 Sq. Ft. Above Grade Known As: "ANCHOR LOAN COMPANY" 3419 BELAIR ROAD Near Lake Avenue "Belair-Edison," Baltimore City, MD 21213 LOCATION: The Anchor Loan Company building is located in the Belair - Edison neighborhood in northeast Baltimore City. Belair Road operates as the primary commercial corridor in the area. In addition to the customers living and working nearby, Belair Road also provides commuter traffic for those traveling between Downtown Baltimore out to Overlea and the Baltimore Beltway (I-695). The average daily traffic for the Belair Road corridor in front of the property is 21,863 cars per day, providing a healthy level of exposure at the site. The property is along the Belair - Edison "Main Street," which provides opportunities for grants and other incentives for facade improvements, marketing, event promotion and general assistance. The Belair Erdman Urban Renewal Plan, Belair Road TAP report and Belair Road Comprehensive Real Estate and Economic Development Assessment reports each provide further information and analysis with respect to nearby development. The Anchor Loan Company has been a well-known business in the area for approximately 30 years. The auction presents an opportunity to buy a building with a successful business track record in a visible location, and with an ample variety of potential uses. SITE: Lot size: 0.071 acre, according to public tax records. 20' frontage on Belair Road. Rear alley access from Lake Avenue. All public utilities. ZONING: The property is zoned C-1: Commercial. According to the Baltimore City Transform Zoning District Summary, C-1 zoning applies to "Commercial clusters or pedestrian-oriented corridors of commercial uses that serve the immediate neighborhood. Ensures compatibility between neighboring residential and commercial uses." IMPROVEMENTS: One story inside-group commercial building - containing 2,426 square feet above grade plus full basement. The property is arranged as a retail storefront, having been operated as the Anchor Loan Company Pawnshop for the last several years. Finishes include carpet, paneling and drop ceiling. Features include electric security lock, security enclosures and split HVAC system. The interior is currently configured for a showroom, office area, powder room and unfinished storage basement. The pawnbrokers license is currently expired. The second hand precious metal objects license is active. For those buyers considering use of the property as a pawnshop, please visit the Maryland Department of Labor website for more information.