Bank Building with Mezzanine
For Sale
$799,900
6813-6817 BELAIR ROAD, Baltimore, MD 21206
Central HVAC and on-site parking support the property’s current commercial use.
Property Size2,884 SF
Price / SF$277.36
Days on Market54
Property Features for 6813-6817 BELAIR ROAD
General Information
Standard status
Active
Size
2,884 SF
Total Parking Spaces
32
Property subtype
Commercial
Amenities
high ceilings
central air conditioning and heat
Building Details
Year Built
1900
Buildings
1
Listing Agency:
HomeSmart
(301) 352-4065
Listed By:
Uchenna K. Aginam · License #676495
(443) 983-7540
Source:
Cummingsrealtors
Added: Sep 14
Changed: Nov 5
Last Checked: Nov 4 at 4:03PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of HomeSmart
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Located at 6813-6817 Belair Road in Baltimore, this 2,884-square-foot commercial building was constructed in 1900 and is currently used as a hookah lounge. The former bank property includes high ceilings, central air conditioning and heat, and a 750-square-foot mezzanine office.
The site provides 32 on-site parking spaces. Current zoning permits a broad range of business uses, including banking, restaurant, bakery, barbershop, beauty salon, florist, hardware store, laundromat, medical clinic, neighborhood car rental agency, tavern, veterinary clinic, and nano-brewery operations with retail sales of prepackaged beer and growlers for off-site consumption.
The site provides 32 on-site parking spaces. Current zoning permits a broad range of business uses, including banking, restaurant, bakery, barbershop, beauty salon, florist, hardware store, laundromat, medical clinic, neighborhood car rental agency, tavern, veterinary clinic, and nano-brewery operations with retail sales of prepackaged beer and growlers for off-site consumption.
Key Highlights
- 2,884‑square‑foot building constructed in 1900
- 750‑square‑foot mezzanine office
- 32 on‑site parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,068
Cap Rate
4.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$661,360
$661.4K
Cap Rate 7%
$472,400
$472.4K
Cap Rate 9%
$367,422
$367.4K
Market Conditions
NOI Build-Up for 2,884 SF
Gross rent
$48.5K $16.80/SF
− Vacancy
−$4.4K −$1.51/SF
EGI
$44.1K $15.29/SF
− OpEx
−$11.0K −$3.82/SF
NOI
$33.1K $11.47/SF
Area
ZIP 21206
Vacancy
9.00%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$661,360
Cap Rate 7%
$472,400
Cap Rate 9%
$367,422
Alternative Uses
Best Use
Specialty Retail
$472.4K
$413.4K – $551.1K
NOI $33,068 @ 7.0% cap · market cap 4.13%
Second Best
Retail
$464.6K
$406.5K – $542.1K
NOI $32,523 @ 7.0% cap · market cap 4.07%
Theoretical Best
Multifamily LT 5
$607.0K
$531.1K – $708.1K
NOI $42,487 @ 7.0% cap · market cap 5.31%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
592
Businesses Nearby
21k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 89%
Apparel 11%
Popeyes Louisiana Kitchen
Dining
9,833 visits/mo
0.2 miles
Papa John's Pizza
Dining
6,501 visits/mo
0.5 miles
Pizza Hut
Dining
2,609 visits/mo
0.1 miles
Coach
Apparel
2,412 visits/mo
0.2 miles
Demographics for 21206, MD
49,470
Population
21,939
Households
2.3
Avg Household Size
38
Median Age
25%
College-Educated
89%
High-School Grad
7.3 sq mi
ZIP Area
6,777
Density / Sq Mi
$62,965
Median Household Income
$46,426
Median Earnings
$1,215
Median Rent
$213,700
Median Home Value
Market
Vacancy Rate% for Retail in Baltimore, MD
Frequently Asked Questions
What type of property is this?
Bank - Central HVAC and on-site parking support the property’s current commercial use.
Where is this bank located?
The property is located at 6813-6817 BELAIR ROAD Baltimore, MD.
What is the asking price?
The asking price for this property is $799,900.
What are key features of this property?
This property features: 2,884‑square‑foot building constructed in 1900; 750‑square‑foot mezzanine office; 32 on‑site parking spaces
