4000 W NORTHERN PARKWAYBALTIMORE, MD 21215

Commercial · 6,742 Sq. ft.
$795,000 ACTIVE

4000 W NORTHERN PARKWAY Overview

Time on Site:
21 hours
Visits:
1

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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4000 W NORTHERN PARKWAY Facts & Features

  • Type Commercial
  • Sq. ft. 6,742
  • Price/Sq.ft. $118

Details

General

Listing Information

  • Real Estate Owned: No
  • Short Sale: No

Building Information

  • New Construction: No
  • Year Built: 1970

Business Information

  • Business Type: Apartment Building,Medical,Professional

Location/Region

  • Country: US
  • County: BALTIMORE CITY
  • County Or Parish: BALTIMORE CITY
  • In City Limits: Yes

Parking Information

  • Total Parking Spaces: 18
  • Type of Parking: Parking Lot

Tax Information

  • City/Town Tax: 8152.00
  • City/Town Tax Payment Frequency: Annually
  • County Tax: 406.00
  • County Tax Payment Frequency: Annually
  • Tax Annual Amount: $8,558.00
  • Tax Assessed Value: 366767.00
  • Tax Year: 2025

General Information

  • Property Condition: Excellent
  • Property Sub Type: Mixed Use
  • Property Type: Commercial Sale
  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS
  • Special Listing Conditions: Standard
  • Vacation Rental: No
  • Year Assessed: 2026
  • Zoning: R-5

Interior

Building Information

  • Cooling Fuel: Electric
  • Heating Fuel: Electric
  • Total Drive In Doors: 0

Parking Information

  • Garage: No

Building Interior

  • Building Area Source: Assessor
  • Building Area Total: 6742.00
  • Central Air: Yes
  • Hot Water: Electric

General Information

  • Accessibility Features: 2+ Access Exits
  • Cooling: Central A/C

Exterior

Building Information

  • Total Loading Docks: 0

Lot Information

  • Water Source: Other

Waterfront/View

  • Water Oriented: No
  • Water View: No
  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Brick

General Information

  • Number Of Units Total: 1
  • Sewer: Other
  • Water Access: No

4000 W NORTHERN PARKWAY Neighborhood

Community

21215 (BALTIMORE) Demographics

43
Median Age
8,080
Population Density (per sq. mile)
28%
College Educated
$39,393
Estimated Median Income
10,968
Estimated Total Home Owners
10,601
Estimated Total Renters
51% / 49%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

4000 W NORTHERN PARKWAY Monthly Cost

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$ %
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$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

4000 W NORTHERN PARKWAY Market Data

Based on the last 30 days in this zip code

$217,633
Average List Price
$157
Average Price per Square Foot
46
Properties Sold
96
Average Days on Market
309
Properties for Sale
Calculations provided by Reliance Network

4000 W NORTHERN PARKWAY History

Date Event Value Agent
6/29/2026Source: BRIGHT MLS Added to Database
June 29, 2026
Listing provided courtesy of Keller Williams Flagship- MLS# MDBA2221446MLS ProviderContact Information: 4107297700