4 Office St
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4 Office St
2,492 SF 100% Leased Retail Building Bel Air, MD 21014 $912,902 CAD ($366 CAD/SF) 8% Cap Rate
Investment Highlights
- Mixed use property in DOWNTOWN BELAIR!!! OWNER FINANCING WITH ONLY 10% DOWN!!! 8.99% with a 30 year fixed with a 10 year balloon.
- Downstairs 1200sf retail/office space.
- Large public parking garage across the street.
- Great visibility from main street.
- Upstairs 1300st 2 bdrm/ 2 bath OR additional retail/ office space.
- Bright Large Spaces with 10ft ceilings!
Executive Summary
OWNER FINANCING WITH ONLY 10% DOWN!!! 8.99% with a 30 year fixed with a 10 year balloon. Mixed used building residential and commercial. All updated electric and pluming.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,492 SF
Building Class
B
Year Built
1940
Price
$912,902 CAD
Price Per SF
$366 CAD
Cap Rate
8%
NOI
$73,032 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.91
Land Acres
0.03 AC
Zoning
B2 - Office, Retail, Restaurant
Additional 1400sf upstairs can be residential as well!
Frontage
18 ft on Office Street
Walk Score ®
Very Walkable (85)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 03-023494 | Improvements Assessment | $0 CAD |
Land Assessment | $0 CAD | Total Assessment | $609,131 CAD |
PROPERTY TAXES
Parcel Number
03-023494
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$609,131 CAD
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Presented by
Mitchell Mantin
4 Office St
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