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
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
4000 W NORTHERN PARKWAY Monthly Cost
4000 W NORTHERN PARKWAY Market Data
Based on the last 30 days in this zip code
4000 W NORTHERN PARKWAY History
| Date | Value | Agent |
|---|---|---|
| 6/29/2026Source: BRIGHT MLS | June 29, 2026 |
Contact Information: 4107297700