4000 W Northern Parkway Baltimore, MD $ 795,000
4000 W Northern Parkway
$ 795,000
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4000 W Northern Parkway

Baltimore, MD, 21215
$ 795,000
Bedrooms-- Baths-- Sq 2,600

Monthly Estimate*

$ 5,020

4000 W Northern Parkway, Baltimore, MD 21215 - Image 1
4000 W Northern Parkway, Baltimore, MD 21215 - Image 2
4000 W Northern Parkway, Baltimore, MD 21215 - Image 3
4000 W Northern Parkway, Baltimore, MD 21215 - Image 4
4000 W Northern Parkway, Baltimore, MD 21215 - Image 5
4000 W Northern Parkway, Baltimore, MD 21215 - Image 6

Commercial Property for sale in Baltimore, MD

for $795,000. This 2,600 square foot building was built in 1970.

Exceptional opportunity to acquire an 80% leased, income-producing mixed-use property in one of Northwest Baltimore's most visible commercial corridors. 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. This property is also listed for lease as we try to fill the last office space. The property consists of approximately 6,200 square feet of leasable space within a single two-story building and features five fully occupied 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, including a replacement roof. Each tenant enjoys individually metered HVAC systems, allowing for efficient operating expenses and simplified management. 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 Highlights: 80% leased mixed-use investment Five total units: three professional offices and two apartments Approximately 6,200 SF of leasable area Two completely renovated residential units Strong daily traffic count of approximately 33,885 vehicles Excellent visibility on W. Northern Parkway Convenient access to Reisterstown Road, Park Heights Avenue, and major commuter routes 18 on-site surface parking spaces Individually metered HVAC systems Professionally maintained building with recent capital improvements Ideal opportunity for investors seeking stable cash flow with future appreciation potential

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Commercial Active

Price

$ 795,000

Property Type

Commercial

Taxes

$ 8,558

Style

Apartment Building,Medical,Professional

Year Built

1970

Town/City

Baltimore

County/Region

Baltimore City

MLS | Web ID

MDBA2221446

Features
Interior
Heating Fuel Electric
Hot Water Electric
Heating Y/N Y
Central Air Y/N Y
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General
Sewer Other
Heating Central
Cooling Central A/C
Possession Other
Zoning R-5
Construction Materials Brick
Year Built 1970
Property Subtype Mixed Use
Tax Year 2025
Ownership Other
Cool Fuel Electric
Municipality Baltimore City
Business Type Apartment Building Medical Professional
Accessibility 2+ Access Exits
County BALTIMORE CITY
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions From I-695 (Baltimore Beltway) take Exit 18A for MD-26/Liberty Road East toward Baltimore. Continue onto Liberty Heights Avenue for approximately 2.5 miles then turn right onto W. Northern Parkway. T
City BALTIMORE
Number Of Units Total 1
Tax Annual Amount 8558.0
Property Condition Excellent
Price Per Sq Ft Total AG 117.92
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
Legal Subdivision Ward 27
Tax Lot 034
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Exterior
Water Source Other
Type of Parking Parking Lot
Water View Y/N N
Building Area Total 6742.00
Waterfront Y/N N
Land Assessed Value 98400.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 4000
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* Excluded Features
List By
Keller Williams Flagship

Broker

samtannerkw@gmail.com

Email

Affordability Calculator

$5,733
Per Month
88%
12%
0%
Monthly Principal & Interest
$5,020
Monthly Property Taxes
$713
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/29/2026$795,000 Listed Price

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4000 W Northern Parkway, Baltimore, MD, 21215 is a Commercial Property for sale at $795,000 with 2,600 sqft. 4000 W Northern Parkway was built in 1970. The property's zip code is 21215 which is in Baltimore, MD