6423 Frederick Road

    BALTIMORE, MD 21228
    • $1,000,000
    • STATUS: Active
    • ON SITE: 68 days
    • ID#: MDBC488966
    UPDATED: 26 min ago
    $1,000,000
    • 0
      BEDS
    • 0.37
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Commercial
    Built:
    1950
    County:

    School Ratings & Info

    Description

    List Price is Opening Bid only. BEING SOLD ONLY AS AN ENTIRETY WITH 6425 FREDERICK ROAD (Tax ID: 04-01-01-03000210). TIMED ONLINE AUCTION: Begins Saturday, June 20th @ 1:00 pm and ends on Thursday, June 25th @ 1:00 pm. $25,000 Deposit. WE APOLOGIZE FOR ANY INCONVENIENCE BUT THE PREVIOUSLY SCHEDULED OPEN HOUSE HAS BEEN CANCELLED. PRIVATE APPOINTMENTS ARE AVAILABLE. Exceptional opportunity to purchase an updated and well-maintained strip shopping center and office complex known as "The Shoppes at Paradise Center" with road frontage along highly trafficked Frederick Road (MD Route 144). The shopping center/office complex is 94% leased and is conveniently located in Catonsville, only a few blocks from nearby I-695 and minutes from major thoroughfares including I-70, I-195, US Route 40, Wilkens Avenue and S. Rolling Road, among others. Gross Potential Annual Rent is $299,000 (including Charges and based on full occupancy). LOCATION: Catonsville is a census-designated place (CDP) in Baltimore County, Maryland with a population of over 41,000 as of the 2010 census. It is located to the West of Baltimore City and contains the majority of the University of Maryland, Baltimore County (UMBC), a major public research university with close to 14,000 students. The area is home to a diverse mix of eateries, coffee shops, shopping, parks and much more. SITE: Assemblage of two contiguous parcels. 6423 Frederick Road (Tax ID: 01-0111001920): Contains 0.36 +/- acres (16,000 +/- sq. ft.) of land area which is zoned BL (Business Local) and served by all utilities. 6425 Frederick Road (Tax ID: 01-0103000210): Contains 0.36 +/- acres (16,000 +/- sq. ft.) of land area which is zoned BL (Business Local) and served by all utilities. IMPROVEMENTS: 6423 Frederick Road (Tax ID: 01-0111001920): Improved by a two-story masonry building which contains 10,206 +/- sq. ft. of above-grade building area (according to Baltimore County Tax Records) and a macadam parking lot in the rear. 6425 Frederick Road (Tax ID: 01-0103000210): Improved by a one and two-story masonry building which contains 4,860 +/- sq. ft. of above-grade building area (according to Baltimore County Tax Records) and a macadam parking lot in the rear. The buildings contain a total of 25 rental units (including a small storage closet): Retail Units: 10 ~ Office Units: 14 ~ Storage Closet: 1 Between 2014 and 2020, major interior and exterior improvements/renovations to the properties include: new roofs ~ new windows ~ new HVAC ~ new electric service ~ new awnings ~ new plumbing ~ new retaining walls in the rear ~ new signage ~ newly paved parking lots ~ extensive interior improvements ~ partially re-wrapped exterior. Typical finishes for the units include ceramic tile, laminate and vinyl tile floors along with drywall walls and ceilings. Heating is provided by gas fired forced air systems and cooling is provided by central air conditioning systems. The retail storefront tenants pay for their own electric and gas utilities, which are separately metered. The water/sewer bills are also paid by the respective retail storefront tenants, except for units 6419 and 6431. The water/sewer bills for units 6419 and 6431 are paid by the landlord. The office units are leased on a "Full Service" basis. The Landlord pays the electric, gas and water/sewer bills for all of the office tenants.

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    ©2020 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty Lake Ridge. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2020-05-24T16:49:29.987.
    www.ajteamrealty.com/homes/104223466

    6423 Frederick Road BALTIMORE, MD 21228

    • Price: $1,000,000
    • Status: Active
    • Updated: 26 min ago
    • ID#: MDBC488966
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.37
    Acres
    1950
    Built
    County:
    Baltimore
    School District:
    Baltimore County Public Schools
    Property Description
    List Price is Opening Bid only. BEING SOLD ONLY AS AN ENTIRETY WITH 6425 FREDERICK ROAD (Tax ID: 04-01-01-03000210). TIMED ONLINE AUCTION: Begins Saturday, June 20th @ 1:00 pm and ends on Thursday, June 25th @ 1:00 pm. $25,000 Deposit. WE APOLOGIZE FOR ANY INCONVENIENCE BUT THE PREVIOUSLY SCHEDULED OPEN HOUSE HAS BEEN CANCELLED. PRIVATE APPOINTMENTS ARE AVAILABLE. Exceptional opportunity to purchase an updated and well-maintained strip shopping center and office complex known as "The Shoppes at Paradise Center" with road frontage along highly trafficked Frederick Road (MD Route 144). The shopping center/office complex is 94% leased and is conveniently located in Catonsville, only a few blocks from nearby I-695 and minutes from major thoroughfares including I-70, I-195, US Route 40, Wilkens Avenue and S. Rolling Road, among others. Gross Potential Annual Rent is $299,000 (including Charges and based on full occupancy). LOCATION: Catonsville is a census-designated place (CDP) in Baltimore County, Maryland with a population of over 41,000 as of the 2010 census. It is located to the West of Baltimore City and contains the majority of the University of Maryland, Baltimore County (UMBC), a major public research university with close to 14,000 students. The area is home to a diverse mix of eateries, coffee shops, shopping, parks and much more. SITE: Assemblage of two contiguous parcels. 6423 Frederick Road (Tax ID: 01-0111001920): Contains 0.36 +/- acres (16,000 +/- sq. ft.) of land area which is zoned BL (Business Local) and served by all utilities. 6425 Frederick Road (Tax ID: 01-0103000210): Contains 0.36 +/- acres (16,000 +/- sq. ft.) of land area which is zoned BL (Business Local) and served by all utilities. IMPROVEMENTS: 6423 Frederick Road (Tax ID: 01-0111001920): Improved by a two-story masonry building which contains 10,206 +/- sq. ft. of above-grade building area (according to Baltimore County Tax Records) and a macadam parking lot in the rear. 6425 Frederick Road (Tax ID: 01-0103000210): Improved by a one and two-story masonry building which contains 4,860 +/- sq. ft. of above-grade building area (according to Baltimore County Tax Records) and a macadam parking lot in the rear. The buildings contain a total of 25 rental units (including a small storage closet): Retail Units: 10 ~ Office Units: 14 ~ Storage Closet: 1 Between 2014 and 2020, major interior and exterior improvements/renovations to the properties include: new roofs ~ new windows ~ new HVAC ~ new electric service ~ new awnings ~ new plumbing ~ new retaining walls in the rear ~ new signage ~ newly paved parking lots ~ extensive interior improvements ~ partially re-wrapped exterior. Typical finishes for the units include ceramic tile, laminate and vinyl tile floors along with drywall walls and ceilings. Heating is provided by gas fired forced air systems and cooling is provided by central air conditioning systems. The retail storefront tenants pay for their own electric and gas utilities, which are separately metered. The water/sewer bills are also paid by the respective retail storefront tenants, except for units 6419 and 6431. The water/sewer bills for units 6419 and 6431 are paid by the landlord. The office units are leased on a "Full Service" basis. The Landlord pays the electric, gas and water/sewer bills for all of the office tenants.
    Exterior Features

    Construction Materials MasonryFrame Garage YN No Parking Types Parking LotOn Street Riparian Rights YN No Water Access YN No Water Oriented YN No Waterfront YN No

    Interior Features

    Building Area Total 10206.00 Cooling Central A/CDuctless/Mini-Split Heating Forced Air Heating YN Yes Net Square Feet 10206.00

    Property Features

    Accessibility Features None Assessment Year 2020 Association YN No Business Type Restaurant/BarOther/General RetailHair Salon And SpaProfessional Central Air YN Yes Cooling Fuel Electric Heating Fuel Natural GasElectric Hot Water Natural Gas Navigable Water YN N New Construction YN No Number Of Units Total 2 Original MLSNumber 304066065574 Ownership Interest Fee Simple Possession SettlementSubject To Existing Lease Property Sub Type Retail Sale Type Auction Sewer Public Sewer Tax Annual Amount 24991.00 Tax Assessment Amount 1031400.00 Vacation Rental YN No Water Source Public Zoning Blcns

    Listing courtesy of Alex Cooper Auctioneers, Inc..


    ©2020 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty Lake Ridge. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2020-05-24T16:49:29.987.
     
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