5900 York Road Baltimore, MD $ 2,445,000
5900 York Road
$ 2,445,000
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5900 York Road

Baltimore, MD, 21212
$ 2,445,000
Bedrooms-- Baths-- Sq 11,761

Monthly Estimate*

$ 15,254

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Commercial Property for sale in Baltimore, MD

for $2,445,000. This 11,761 square foot building was built in 1958.

This 27-unit mixed-use property, with only one vacant unit, presents a compelling investment opportunity, boasting an 11% cap rate from day one. The property features under-market rents, providing new ownership the ability to increase income and enhance returns further. With significant potential for rental growth, this asset offers an immediate chance to add substantial value. Strategically located near major transit lines, the property benefits from proximity to prominent institutions, including Loyola University Maryland, Johns Hopkins University, Johns Hopkins Hospital, and MedStar Union Memorial Hospital, driving strong tenant demand. The surrounding area is rich with amenities, including major banks such as PNC Bank, Wells Fargo, and Bank of America, as well as convenient shopping destinations like The Rotunda Shopping Center and Towson Town Center. The two-story building comprises a mix of retail and office spaces, complemented by dedicated parking in the back. Recent improvements, including a newly updated roof, ensure minimal maintenance costs for years to come. Additionally, the propertys Enterprise Zone designation provides valuable tax advantages, further enhancing its appeal to investors.

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Commercial Active

Price

$ 2,445,000

Property Type

Commercial

Taxes

$ 31,766

Style

Year Built

1958

Town/City

Baltimore

County/Region

Baltimore City

MLS | Web ID

MDBA2171492

Features
Interior
Heating Fuel Natural Gas
Flooring Fully Carpeted Carpet
Hot Water Other
Total Stories 2
Heating Y/N Y
Central Air Y/N Y
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General
Sewer Public Sewer
Heating Forced Air
Cooling Central A/C
Utilities Water Available
Possession 0-30 Days CD
Zoning C-2
Construction Materials Brick
Year Built 1958
Property Subtype Retail
Tax Year 2024
Ownership Other
Cool Fuel Other
Municipality Baltimore City
Business Type Other
Accessibility None
County BALTIMORE CITY
New Construction N
Property Type Commercial Sale
Subdivision Name BELVEDERE SQUARE
Water Access Y/N N
Status ACTIVE
Directions Please use GPS
City BALTIMORE
Number Of Units Total 1
Tax Annual Amount 31766.0
Price Per Sq Ft Total AG 142.98
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
Legal Subdivision Ward 27
Tax Lot 004
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Exterior
Water Source Public
Type of Parking On Street Parking Lot
Water View Y/N N
Building Area Total 17100.00
Waterfront Y/N N
Land Assessed Value 120300.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 5900
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* Excluded Features
List By
Midfield Realty

Broker

showings@midfieldre.com

Email

Affordability Calculator

$17,901
Per Month
85%
15%
0%
Monthly Principal & Interest
$15,254
Monthly Property Taxes
$2,647
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
6/14/2025$2,445,000 Listed Price

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5900 York Road, Baltimore, MD, 21212 is a Commercial Property for sale at $2,445,000 with 11,761 sqft. 5900 York Road was built in 1958. The property's zip code is 21212 which is in Baltimore, MD