Share This Listing

Message

936 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Investment Highlights

  • Five total units: three professional offices and two completely renovated residential units
  • Approximately 6,200 SF of leasable area
  • Excellent visibility on W. Northern Parkway
  • 73% leased mixed-use investment
  • Strong daily traffic count of approximately 33,885 vehicles
  • Convenient access to Reisterstown Road, Park Heights Avenue, and major commuter routes

Executive Summary

Exceptional opportunity to acquire an 73% leased, income-producing mixed-use property in one of Northwest Baltimore's most visible commercial corridors and within a mile of the hottest (because of the State's multi-million dollar investment in the Pimlico race track) commercial sector of Park Heights. Situated along highly traveled W. Northern Parkway with approximately 33,885 vehicles passing daily, this well-maintained asset offers an attractive blend of stable commercial tenancy and residential income. Outstanding visibility from Northern Parkway and great signage opportunities. This property is also listed for lease as we fill a recent office vacancy.
The property consists of approximately 6,200 square feet of leasable space within a single two-story building and features five units, including three professional office suites on the main level and two renovated apartments (one 1-bedroom and one 2-bedroom). The diverse tenant mix provides dependable cash flow while reducing vacancy risk and presents itself perfectly for some value-add by providing the opportunity to create 4 more second floor residential apts. The residential units have been completely remodeled, while the building has been well maintained with numerous capital improvements.
Strategically located between Reisterstown Road and Park Heights Avenue, the property benefits from outstanding visibility, convenient access, and strong neighborhood demographics. The site includes 18 surface parking spaces, providing ample parking for office tenants, residents, and visitors.
Whether you're completing a 1031 exchange, expanding your investment portfolio, or seeking a stable, turnkey asset with long-term upside, this property offers an exceptional combination of location, occupancy, and diversified income.

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
6,200 SF
Building Class
B
Year Built/Renovated
1970/2023
Price
$795,000
Price Per SF
$128.23
Percent Leased
73%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
6,200 SF
Building FAR
0.37
Lot Size
0.38 AC
Zoning
R-5
Parking
18 Spaces (2.9 Spaces per 1,000 SF Leased)

Space Availability

  • Space
  • Size
  • Space Use
  • Build-Out
  • Available
  • 1st Floor
  • 1,500 SF
  • Office
  • -
  • Now

Now available for lease is a well-maintained professional office suite located within a highly visible mixed-use building on W. Northern Parkway in Northwest Baltimore. Positioned along a corridor with approximately 33,885 vehicles passing daily, this location offers exceptional exposure, convenient accessibility, and ample on-site parking for clients and staff. The available suite is thoughtfully designed for a variety of professional users, including medical, counseling, therapy, legal, accounting, insurance, educational, and other office-related businesses. The layout features six private offices, providing flexibility for individual practitioners or collaborative teams. A shared reception/waiting area creates a welcoming first impression for visitors while efficiently serving both this suite and the neighboring office.

Space Size Space Use Build-Out Available
1st Floor 1,500 SF Office - Now

1st Floor

Size
1,500 SF
Space Use
Office
Build-Out
-
Available
Now

1st Floor

Size 1,500 SF
Space Use Office
Build-Out -
Available Now

Now available for lease is a well-maintained professional office suite located within a highly visible mixed-use building on W. Northern Parkway in Northwest Baltimore. Positioned along a corridor with approximately 33,885 vehicles passing daily, this location offers exceptional exposure, convenient accessibility, and ample on-site parking for clients and staff. The available suite is thoughtfully designed for a variety of professional users, including medical, counseling, therapy, legal, accounting, insurance, educational, and other office-related businesses. The layout features six private offices, providing flexibility for individual practitioners or collaborative teams. A shared reception/waiting area creates a welcoming first impression for visitors while efficiently serving both this suite and the neighboring office.

Moderately walkable
70/100
Moderately drivable
60/100
Good public transit
60/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
4426B-034
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$362,633
  • Listing ID: 41107700

  • Date on Market: 9/16/2024

  • Last Updated:

  • Address: 4000 W Northern Pky, Baltimore, MD 21215

Contact the Sale Advisor

4000 W Northern Pkwy | 4000 W Northern Pky

Have an account? Log In

What's your inquiry about?*

Select Option

Select at least one option

Preferred Date*

Preferred date is required

First Name*

Last Name*

Email*

Email address is required

Phone*

Ext (optional)

Company (optional)

Message*

Message is required

{{getContactFormMessageFieldCharacterCount()}} out of 600

New to LoopNet? No problem. We'll automatically create a free account for you. By clicking the button, you agree to LoopNet's Terms of Use and Privacy Notice.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Hmm, there seems to have been an error sending your message. Please refresh the page and try again.

Your message has been sent.
Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}