Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1920
Sq.Footage
N/A
UPDATE: 9% CAP RATE plus value-add opportunity! The owner has turned this property around, and it is now a stable income-producing asset, fully leased and generating $6,500/month, with two vacant spaces that could increase cash flow by approximately $2,500/month. Tenants include an automotive repair business with a tire shop on a 2-year lease and a TJ Mart convenience store that completed significant tenant-paid improvements before moving in last year. Situated at a high-traffic corner on Pratt Street, this property features 4,860 sq. ft. of above-ground space, with the automotive business occupying a single-bay garage for the tire shop and a 3-bay garage for car repairs. The value-add opportunity includes two additional upstairs spaces: one above the 3-bay garage that could be converted into an apartment or hair salon, and another above the tire shop suitable for a print studio, storage, or other uses. Amenities include off-street parking for 11+ vehicles, separate entrances from Pratt and Carey Streets, high bay ceilings, zoned central air, and three bathrooms. Consisting of two parcels—1234 W Pratt St and 1236 W Pratt St—being sold together, this property offers exceptional cash flow today and significant potential for increased performance. Located across from Mount Clare Junction Shopping Mall and less than 1.5 miles from I-95, I-395, and I-295, it offers excellent accessibility for high-volume businesses. Don’t miss out—schedule your tour today!
Features & Amenities
Interior
Area & Lot
-
Lot Size(acres)
0.12
-
Property Type
Commercial Sale
Exterior
-
Garage
No
-
Construction Materials
Brick
-
Parking
Private, Paved, Parking Lot
Financial
-
Sales Price
$699,900
-
Tax Amount
3515.0
-
Zoning
Commercial Automotive
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Location
County
BALTIMORE CITY
Elementary School
Middle School
High School
Listing Courtesy of Dimitrios Lynch , ExecuHome Realty
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