Remarks

*HUGE PRICE REDUCTION*OWNER SAYS BRING OFFERS!!! Prime Development Opportunity
Located in Baltimore County, this property offers 2.08 acres of land consisting of a 20,700 square ft. structure with a large lighted parking lot consisting of 114 parking spaces along an extremely highly
traveled road that provides excellent road front exposure. The property has easy access and is minutes from the Baltimore Beltway (695) and I-95.The property currently consists of 2 tenants – Concentra Health occupying 8,522 square ft and in a lease until 4/30/24 but are moving out end of July, so the space could be available sooner. Additional occupied space consisting of 2,430 square ft is leased to a Law Firm and they are month to month on their lease. The remaining space offers another 10,556 square ft and is under renovation for a bar/restaurant but is ready for you to build to suit. Much of the mechanicals have been completed. Natural Gas has been brought into the building and the property is served by public water & sewer.
The properties best use would be for retail pad sites for fast food chains or boutique stores that would provide the best return on investment and allowing the owner to maximize the leasing space. Completely separated, the square footage could accommodate 10 leasing spaces.
Call the listing office for further details and appointments.

*High Business Exposure for a National Retailer or a Local Business looking to Expand
*Highest & Best Use would be to Lease as Retail Pad Sites or Shopping Center
*County Legal Desc: PT LT 81-82-163-79 2 449 E CHESACO AV ROSEDALE TERRACES
*Zoning – DR5.5
*Land Use – Commercial
*Traffic Count – exceeds 50,000 vehicles a day
*Public Water & Sewer
*Natural Gas onsite
*Minutes to Baltimore Beltway(695) & I-95

Details

MLS#: MDBC2071682
Price: $2,900,000

Year Built: 1975

County: BALTIMORE
Tax Fee: 34874.0