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518 Baltimore St Taneytown, MD 21787

Sponsored
For Sale
$850,000

Prime location, high-return potential.

Property size:
4,192 SF

Description

Added:
Feb 3, 2025
Days on Market:
337
This mixed-use property at 518 E Baltimore Street, Taneytown, MD, presents a compelling investment opportunity. The building encompasses 4,192 square feet on a 0.65-acre lot. The first floor is currently leased through 2025, providing immediate and consistent rental income. The second floor, totaling 784 square feet, is currently vacant and offers significant upside potential. This space is divisible into five separate suites, allowing for flexible leasing options to a variety of tenants. The entire second floor is available for lease. The property's strategic location in Taneytown, MD, offers excellent visibility and accessibility, making it an attractive proposition for both established businesses and new ventures. The asking price is $850,000, representing a strong value proposition in the current market. This property is ideal for investors seeking a blend of immediate income and future growth potential. The existing lease on the first floor provides financial stability, while the vacant second floor presents an opportunity to increase rental income and build long-term equity. The flexible layout of the second floor allows for customization to meet the needs of various tenants, maximizing rental income and occupancy rates. This is a rare opportunity to acquire a well-located, mixed-use property with significant upside potential in a thriving community.

Property Features for 518 Baltimore St

General Information

Property type
Mixed-use properties
Square Feet
4,192 SF
Lot Size
28,314 SF

Building Details

Year Built
1900

Property Profile Location Intelligence

Current Use by Public Records

PSJ Orthodontics Orthodontist Dr. Jeffrey Jarvis Orthodontist Stacey Sorkin Orthodontist

Suggested Use

Restaurant Realty agency Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Taneytown
County
Carroll
State
Maryland
Longitude
-77.15807
Latitude
39.64949

FAQs

What type of property is this?
Mixed-use property - Prime location, high-return potential.
Where is this mixed-use property located?
The property is located at 518 Baltimore St Taneytown, MD.
What is the asking price?
The asking price for this property is $850,000.
More about this property
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