Price Reduced! Can you find a better deal? 5610 Harford Rd. is a 15,000 sq. ft. office building comprised of 3 floors, with a 10.17% cap rate and 14.5% projected cash-on-cash return on investment. Elevator service makes all floors ADA-accessible. Fire sprinkler systems on ground floor and second floor. C-2 zoning allows many business uses, including office, day care, and restaurant. Building is currently built-out as and has historically been used as office space. Currently 73% occupied. Baltimore City Health Department WIC program, a long-term tenant tenant since 2004, occupies 1/3 of the building (ground floor).Middle floor is fully occupied by an adult day care center and a contracting company.Top floor is partly occupied by owner, who can sign a long-term lease and stay or vacate depending on purchaser~s preference. 4,000 +/- sq. ft. is currently vacant, making this building perfect for either an owner/user or an investor. Hamilton was named #4 in Redfin~s top ~10 hottest affordable neighborhoods in the U.S.~ Jump on this chance to own a cash-producing asset in an up-and-coming neighborhood!
The listing content relating to real estate for sale on this web site is courtesy of MRIS. Listing information comes from various brokers who participate in the MRIS IDX.Properties listed with brokerage firms other than Re/Max Allegiance are marked with the MRIS Logo and detailed information about them includes the name of the listing brokers.The properties displayed may not be all the properties available. All information provided is deemed reliable but is not guaranteed and should be independently verified.All listing information copyright MRIS 2019.
Listing information last updated on October 19th, 2019 at 12:48pm CDT.