25 Baltimore St Funkstown, MD 21734
- Mixed-use properties
- 2,274 SF
- 0.22 lot acres
Current Use by Public Records
- Mixed-use properties
Property Details for 25 Baltimore St
- Year built
- 1900
- Lot size
- 0.22 lot acres
- Property size
- 2,274 SF
- Property type
- Mixed-use properties
Description
This exceptional mixed-use property located at 25 Baltimore Street in the charming town of Funkstown, Maryland, presents a unique investment opportunity. The building encompasses a total of 2,274 square feet and sits on a 0.22-acre lot, offering ample space for various commercial and residential uses. Currently, the first floor is successfully operating as a hair salon, providing immediate rental income potential. Above the commercial space, a separate apartment unit offers additional income streams through rental opportunities. The property also includes a detached garage, adding further value and utility. This versatile property is ideal for an owner-operator seeking to combine business and residential living or for an investor looking for a strong return on investment in a thriving small-town market. The strategic location in Funkstown provides easy access to local amenities and transportation routes, making it an attractive destination for both residents and businesses. The existing hair salon is a proven income generator, minimizing initial risk and offering immediate cash flow. The upstairs apartment and detached garage provide further opportunities to enhance profitability. This property is a rare find, combining the benefits of commercial and residential income in a single, well-maintained building. Don't miss this chance to acquire a valuable asset in a desirable location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Funkstown
- County
- Washington
- State
- Maryland
- Longitude
- -77.7074
- Latitude
- 39.6094
