518 E Baltimore St, Taneytown, MD 21787
For Lease
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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.
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PSJ Orthodontics Dental Office
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Dr. Jeffrey Jarvis Dental Office
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Stacey Sorkin Dental Office
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
GENER · Taneytown, MDTaneytown. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.