4000 W Northern Parkway
Baltimore, MD, 21215 $ 795,000
Bedrooms-- Baths-- Sq 2,600 Monthly Estimate*
$ 5,020
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 ActiveApartment Building,Medical,Professional
FeaturesInteriorHeating Fuel Electric
Hot Water Electric
Heating Y/N Y
Central Air Y/N Y
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GeneralSewer 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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ExteriorWater 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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* Excluded FeaturesList ByKeller Williams FlagshipBroker
samtannerkw@gmail.comEmail
Affordability Calculator
- 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.
Learn more about how to save NearbyCommerical listings in Baltimore, MD
Average List Price $732,082
Percent of Sale Price 8%
About Baltimore, MD 611,326 Population
-6% Since 2002
$ 46,538 Median Income
36.71 Median Age
22% Households with Children
Trends Information provided by ATTOM Data Solutions.
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/29/2026 | $795,000 | | Listed Price |