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27037605
27037606

4101 Wilkens Avenue, Baltimore, MD 21229

ST
MD MD 638462
Keller Williams Flagship of Maryland
Listed by Keller Williams Flagship of Maryland
$600,000
284 days on market
Updated 39 days ago

Free Standing Mixed Use

Details
Property Type Retail, Office (+1)
Sub Type Restaurant, Grocery Store (+1)
Square Footage 3,471
Net Rentable (SqFt) 3,471
Units 6
Cap Rate 16.67%
NOI $100,000
Occupancy 67%
Tenancy Multi
Lease Type Modified
Rent Bumps Yes
Price per SqFt $173
Class B
Year Built 1897
Year Renovated 2024
Buildings 1
Acreage 8400.000
Zoning BL
Investment Type Stabilized
Ground Lease No
Sale Condition For sale by owner

Mixed Use Free Standing Building

Marketing description

SALE IS CONTINGENT UPON COMPLETION OF A SUBDIVISION.

This approximately 3,471 SF primary building sits on roughly 8,400 SF of BL-zoned property in Baltimore county on the city line just one mile inside the beltway and close to St. Agnes hospital. The property offers a diverse mixed-use investment opportunity with a total of six potential tenant spaces.

The upper level features a leased two-bedroom residential apartment providing stable rental income. The main level consists of three commercial spaces, including a leased diabetic supply store and a retail showroom currently offering furniture, electronics, bedding, and related merchandise. Two additional basement-level spaces remain in shell condition, presenting value-add potential for future buildout and increased income generation.

Also available for purchase is the adjacent secondary building, an approximately 454 SF standalone structure currently leased and operating as a deli/convenience store.

Both buildings have undergone extensive renovations, with the exception of the unfinished basement spaces. Improvements include new electrical systems, HVAC, plumbing, walls, flooring, lighting, and more.

Purchase the primary building individually or capitalize on the opportunity to acquire both properties together. Strong income potential with an attractive cap rate and upside through lease-up and future improvements.

Investment highlights

  1. 6 spaces
  2. four spaces leased
  3. great street visibility
  4. potential to purchase adjacent property

Listing Contacts

ST
MD MD 638462
Keller Williams Flagship of Maryland
Listed by Keller Williams Flagship of Maryland

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Loan Amount
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$100,000.00
$8,333.33/mo

Valuation Metrics

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DSCR
16.67%
Cap Rate
16.67%
ROI

Map

Zoning

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BL CommercialRetail CommercialBusiness Local
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View all 123 uses
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Last updated Feb 11, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Sam Tanner
License
MD 638462
Brokerage
Keller Williams Flagshi Realty of Maryland
Brokerage Address
231 Najoles Road
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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