7917 Harford Road Parkville, MD $ 550,000
7917 Harford Road
$ 550,000
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7917 Harford Road

Parkville, MD, 21234
$ 550,000
Baths0.0 Sq 2,924

Monthly Estimate*

$ 3,842

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Studio

Commercial Property for sale in Parkville, MD

for $550,000. This 2,924 square foot building was built in 1900 on a lot size of 0.1.

Highlights: Property Owners in Baltimore County Pay Less Property Taxes Than Property Owners in Baltimore City, Providing Cost Savings & Improving Overall Cash Flow. Tenants Enjoy the Highly Trafficked Harford Road Corridor & Great Visibility of This End-Of-Group, Leading to Stable Businesses That Can Consistently Pay Rent. Managing Commercial Properties Is Less Maintenance & Less Costly: Commercial Tenants Are Responsible for Interior Plumbing, HVAC and Electrical Systems. Affordable Entry Point for Investors Ready to Move From Residential Buildings to Commercial Properties. 7915 Harford Road is home to a long-standing community pharmacy. With a waiting area in the front for customers, the Pharmacy has a large workspace and full basement for additional storage. 7917 Harford Road hosts three successful beauty salons, each offering a variety of services. The first-floor salon features a private patio on the rear of the building. Two salons have half-bathrooms and the second-floor salon features a full bathroom. 2 gas meters serve the buildings and each unit is separately metered for electric. A new 2023 40-gallon Rheem gas water heater serves the spaces. Units have individual electric heat pumps. Tenants pay all utilities, in addition to insurance and property tax pass-throughs and Common Area Maintenance (commonly known as a triple net property.) Parking for 5 cars is located behind the rear of the building. Tenants benefit from being situated on a far corner, making it easier for customers to access the stores. Just two blocks south are national tenants Giant Foods, Chipolte, Petco, Walgreens and others. Within a 5-minute drive of 7917 Harford Road, the median household income stands at $73,688. This demographic presents a demand for both locally owned establishments and national businesses, catering to diverse consumer preferences and economic profiles in the area. Frontage along Harford Road, just near the City/County line, keeps these retail spaces in high demand by tenants. Community organizations are continually working to improve the Harford Road Corridor Business Districts, improving the overall economy & quality of life for business owners and residents alike. Investors often begin their portfolios with residential properties, aspiring to transition into commercial real estate. 7915-7917 Harford Road presents an enticing opportunity for such progression at an affordable entry point. Commercial tenancies entail lower maintenance demands for building management and tenant communication, allowing an investor to allocate their time and money on other projects.

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Commercial Active

Price

$ 550,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 2,437

Style

Professional,Hair Salon and Spa

Lot Size

0.1

Year Built

1900

Town/City

Parkville

County/Region

Baltimore

MLS | Web ID

MDBC2093612

Features
Interior
Heating Fuel Electric
Hot Water Natural Gas
Heating Y/N Y
Street Suffix ROAD
Central Air Y/N N
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General
Sewer Public Sewer
Heating Radiant
Cooling Heat Pump(s)
Possession Settlement Subject to Existing Lease
Zoning BL
Construction Materials Brick
Exclusions Tenant's possessions excluded.
Year Built 1900
Property SubType Services
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
Business Type Professional Hair Salon and Spa
Accessibility None
County BALTIMORE
New Construction N
Property Type Commercial Sale
Subdivision Name PARKVILLE
Water Access Y/N N
Status ACTIVE
Directions GPS
City PARKVILLE
Buyer Agent Compensation 2.5
Zoning Description Within Commercial Revitalization District of Parkville allowing for many retail/office/services.
Total Units 1
Lot Size Square Feet 4373.00
Waterfront Y/N N
Street Name HARFORD
Tax Annual Amount 2437.0
Price Per Sq Ft 118.13
Vacation Rental Y/N N
Days on Market 7
Standard Status Active
Year Built Source Estimated
Legal Subdivision LINWOOD
Tax Lot 4
Buyer Agent Compensation Type % Of Gross
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Exterior
Water Source Public
Type of Parking On Street Parking Lot
Water View Y/N N
Building Area Total 4656.00
Lot Size Acres 0.10
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 90000.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 7917
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* Excluded Features
List By
Ben Frederick Realty, Inc.

Broker

will@benfrederick.com

Email

Affordability Calculator

$4,045
Per Month
95%
5%
0%
Monthly Principal & Interest
$3,842
Monthly Property Taxes
$203
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/10/2024$550,000 Listed Price

Map


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7917 Harford Road, Parkville, MD, 21234 is a Commercial Property for sale at $550,000 with 2,924 sqft and a lot size of 0.1. 7917 Harford Road is a studio with 0.0 baths and was built in 1900. The property's zip code is 21234 which is in Parkville, MD