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Baltimore and Farragut Portfolio 4 Properties Offered at $2,220,000 in Hyattsville, MD
INVESTMENT HIGHLIGHTS
- 8,500 SF of Retail/Office Across 4 Buildings with an Onsite Parking Lot
- Multi-Tenant Portfolio Delivered 79% Occupied | Value-Add & Partial-User Potential
- Proximate to New Development | Less than 2 Miles from Washington, D.C. & University of Maryland
- High Visibility at a Signalized Intersection of Route 1 | 17,000 VPD
- Located in the Vibrant SoHy Arts District | NAC Zoning Supports Numerous Uses
EXECUTIVE SUMMARY
Feldman Ruel is pleased to offer for sale a portfolio of five properties located at the intersection of Baltimore Avenue (Route 1) and Farragut Street in Hyattsville, Maryland’s SoHy business district. The portfolio includes 5106 Baltimore Avenue, 5100 Baltimore Avenue, 4344 Farragut Street, 4342 Farragut Street, and an adjacent parking lot. At 79% occupancy but with the purchaser right to vacate up to 70% of the property, this offering provides potential for future value creation through leasing and repositioning, or an income stream for a partial-user. The NAC zoning designation permits a wide range of uses, making it ideal for various business types. The sizes of the retail/office units are designed to meet the needs of small businesses, which are naturally drawn to this unique and vibrant local shopping and entertainment district. Nearby developments, including the 285- unit Canvas project scheduled for completion this year and a proposed 275-unit project at the Justice Center site, signal continued growth and increased demand in the neighborhood.
PROPERTY FACTS
| Price | $2,220,000 | Number of Properties | 4 |
| Price / SF | $260.93 / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 8,508 SF |
| Status | Active | Total Land Area | 0.18 AC |
| Price | $2,220,000 |
| Price / SF | $260.93 / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 4 |
| Individually For Sale | 0 |
| Total Building Size | 8,508 SF |
| Total Land Area | 0.18 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
|
N. Hyattsville Retail Block
5100 Baltimore Ave, Hyattsville, MD 20781 |
Office | 2,250 SF | 1912 | - |
|
N. Hyattsville Retail Block
4344 Farragut St, Hyattsville, MD 20781 |
Retail | 2,450 SF | 1912 | - |
| 5106 Baltimore Ave, Hyattsville, MD 20781 | Retail | 2,000 SF | 1912 | - |
|
N. Hyattsville Retail Block
4342 Farragut St, Hyattsville, MD 20781 |
Retail | 1,808 SF | 1912 | - |
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Baltimore and Farragut Portfolio
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