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404 Allegheny Ave 2,998 SF 100% Leased Office Building Towson, MD 21204 $649,000 ($216.48/SF)



Investment Highlights
- Mixed-use zoning offers residential, professional office, and flexible configurations.
- Parking for up to eight vehicles plus a detached two-car powered garage.
- Ideal location near Towson University, major commuter routes, and retail amenities.
- Solar panels and EV charging stations enhance energy efficiency and sustainability.
- Recently upgraded kitchen and hardwood floors throughout for modern appeal.
- Generous lot size with fenced yard, patios, and balconies for outdoor enjoyment.
Executive Summary
MIXED-USE OWNER-USER OPPORTUNITY | OFFICE / RESIDENTIAL FLEXIBILITY | AMPLE PARKING
Unique mixed-use property offering exceptional flexibility for office, residential, live/work, or owner-user applications.
Currently configured with separate upper and lower levels, the property includes multiple private rooms/offices, 2 full baths, kitchen areas on both levels, and flexible space suitable for professional services, consulting, wellness practices, creative workspace, multi-generational occupancy, or hybrid residential/commercial use where permitted.
Property Features:
• Mixed-use zoning allowing office and residential flexibility
• Large on-site parking area accommodating approximately 8 vehicles
• Detached 2-car garage
• Solar panel system for improved energy efficiency
• EV charging stations installed
• 2 gas fireplaces
• Large yard/outdoor space
• Flexible floorplan adaptable to a variety of business or residential needs
• Ideal owner-user opportunity
• Assumable 2.9% VA loan pursuant to qualified buyer
This is not a traditional cookie-cutter property. The adaptable layout provides unique opportunities for businesses seeking a professional presence with residential capability, or buyers seeking flexible-use space difficult to find in today’s market.
Potential uses may include professional offices, therapy/wellness services, live/work occupancy, consulting firms, studio space, administrative offices, or extended residential use subject to zoning and buyer verification.
Convenient access to major commuter routes, shopping, and surrounding business services.
Unique mixed-use property offering exceptional flexibility for office, residential, live/work, or owner-user applications.
Currently configured with separate upper and lower levels, the property includes multiple private rooms/offices, 2 full baths, kitchen areas on both levels, and flexible space suitable for professional services, consulting, wellness practices, creative workspace, multi-generational occupancy, or hybrid residential/commercial use where permitted.
Property Features:
• Mixed-use zoning allowing office and residential flexibility
• Large on-site parking area accommodating approximately 8 vehicles
• Detached 2-car garage
• Solar panel system for improved energy efficiency
• EV charging stations installed
• 2 gas fireplaces
• Large yard/outdoor space
• Flexible floorplan adaptable to a variety of business or residential needs
• Ideal owner-user opportunity
• Assumable 2.9% VA loan pursuant to qualified buyer
This is not a traditional cookie-cutter property. The adaptable layout provides unique opportunities for businesses seeking a professional presence with residential capability, or buyers seeking flexible-use space difficult to find in today’s market.
Potential uses may include professional offices, therapy/wellness services, live/work occupancy, consulting firms, studio space, administrative offices, or extended residential use subject to zoning and buyer verification.
Convenient access to major commuter routes, shopping, and surrounding business services.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
2,998 SF
Building Class
C
Year Built
1930
Price
$649,000
Price Per SF
$216.48
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,499 SF
Slab To Slab
10’
Building FAR
0.40
Lot Size
0.17 AC
Zoning
RO - Residential/Office- Can include single-family dwellings, multi-family houses, apartments and condos.
Parking
15 Spaces (5.26 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Natural Light
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Very walkable
80/100
Moderately drivable
70/100
Some public transit
50/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 09-0905820010 | Improvements Assessment | $367,900 |
| Land Assessment | $127,500 | Total Assessment | $495,400 |
Property Taxes
Parcel Number
09-0905820010
Land Assessment
$127,500
Improvements Assessment
$367,900
Total Assessment
$495,400
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Contact the Sale Advisor
404 Allegheny Ave
