6425 Frederick Road

Catonsville, MD
$ 1,000,000 Beds 0 Baths 0 Sq 4,860
Monthly Estimate* How much can I afford?

List Price is Opening Bid only. Please note that the Opening Bid (list price) includes BOTH this property and 6423 Frederick Road. BEING SOLD ONLY AS AN ENTIRETY WITH 6423 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. 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 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.

Pending

  • Price
  • $ 1,000,000
  • Lot Size
  • 0.37 Acres
  • Bedrooms
  • 0
  • Sqr Footage
  • 4,860
  • Full Bathrooms
  • 0
  • Year Built
  • 1915
  • Half Bathrooms
  • 0
  • City, Zip
  • Catonsville
  • Taxes
  • 8993
  • County
  • BALTIMORE
  • Style
  • Hair Salon and Spa,/General Retail,Professional,Re
  • Area
  • MLS#
  • MDBC488984
  • Zip
  • 21228
Listing Provided by: Alex Cooper Auctioneers, Inc.

Features

General

Accessibility None
Business Type Hair Salon and Spa, Other/General Retail, Professional, Religious Facility
Construction Materials Masonry, Frame
Cool Fuel Electric
Cooling Central A/C, Ductless/Mini-Split
County BALTIMORE
Heating Forced Air
New Construction No
Ownership Fee Simple
Possession Settlement, Subject to Existing Lease
Price Per Sq Ft 205.76
Property SubType Retail
Property Type Commercial Sale
Real Estate Owned Y/N No
Sewer Public Sewer
Tax Year 2020
Total Units 2
Vacation Rental Y/N No
Water Access Y/N No
Zoning BLCNS

Interior Features

Central Air Y/N Yes
Heating Fuel Electric, Natural Gas
Heating Y/N Yes
Hot Water Natural Gas

Exterior Features

Building Area Total 4860.00
Car Parking Spaces 12
Lot Dimensions 1.00 x
Lot Size Acres 0.37
Lot Size Source Assessor
Lot Size Square Feet 16000.00
Navigable Water Y/N No
Total Parking Spaces 12
Type of Parking On Street, Parking Lot
Water Oriented Y/N No
Water Source Public
Water View Y/N No
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,068

Per Month

Based on the average sale price from the Bel Air, MD office

  • Monthly Principal & interest $1,939
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

3/16/2020 Listed $1,000,000

Property vs Zip Code Average in 21228

Price
AVG $390K
$1M
Taxes
AVG $4,600
$8,993
Visits
AVG 51
26
Year Built
AVG 1958
1915
Walkscore
AVG 40
48
Data Provided by Walkscore ® not using MLS data

Map

6425 Frederick Road Catonsville, MD is a Single Family Home for sale at $1000000 with 4860 sqft and a lot size of 0.37 Acres Acre(s). 6425 Frederick Road Catonsville has 0 bedrooms, 0 baths and was built in 1915. The property's zip code is 21228 which is in Catonsville, MD

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.