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901-907 York Rd
Towson, MD 21204

Retail Property For Sale

Investment Highlights

  • Heavy time daily traffic
  • New owner can add value
  • Well exposed stirp shopping center

Executive Summary

A strip shopping center well exposed from York Rd in Towson. The current cap rate is 7.5%, but if add a tenant on the second floor (2,400 sq ft), it will go up to more than 9%. This building is combined with 2 parcels (Tax ID: 04090919077220, 04090907000841).

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
15,495 SF
Building Class
C
Year Built
1948
Price
£2,374,437
Price Per SF
£153
Net Initial Yield
7.50%
NOI
£178,083
Percent Leased
69%
Tenancy
Multiple
Number of Floors
2
Building FAR
0.56
Lot Size
0.63 AC
Zoning
BR
Parking
4 Spaces (0.26 Spaces per 1,000 SF Leased)
Frontage
19 ft on York Rd

PROPERTY TAXES

Parcel Number 09-0907000841 Improvements Assessment £0
Land Assessment £0 Total Assessment £358,661

PROPERTY TAXES

Parcel Number
09-0907000841
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£358,661
 

  • Listing ID: 33523442

  • Date on Market: 15/10/2024

  • Last Updated:

  • Address: 901-907 York Rd, Towson, MD 21204

The Retail Property at 901-907 York Rd, Towson, MD 21204 is currently available for sale. Contact S & S Realty & Investment LLC for more information.

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