Skip To Content

2340 Monumental Avenue

HALETHORPE, MD 21227
  • $2,395,000
  • STATUS: Active
  • ON SITE: 191 Days
  • ID#: MDBC2075806
UPDATED: 72 min ago
$2,395,000
  • 0
    BEDS
  • 0.92
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1980
County:

School Ratings & Info

Description

2340 Monumental Avenue comprises +/-0.92-acres, zoned ML/IM, and is improved with an existing 2-story +/-9,500 sf flex office building. The current NNN-lease is in place through February 2026, with two extensions and 2% annual rent escalations. Based on the existing annual lease rate, the property is valued at an 8.1% cap rate.The property presents an enticing opportunity for an end user to flourish in an established submarket. The property is conveniently located in close proximity to Downtown Baltimore and the major regional employment center, Fort Meade (Anne Arundel County). An ideal location for an owner/user or contractor+GGs yard, the property provides ample parking and fenced storage space.

Monthly Payment Calculator



©2024 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 Asif Qadir Group | RE/MAX Premiere Selections. 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: 2024-02-24T20:51:35.603.
www.asifqadir.com/homes/142505324
Print Image

2340 Monumental Avenue HALETHORPE, MD 21227

  • Price: $2,395,000
  • Status: Active
  • On Site: 191 Days
  • Updated: 72 min ago
  • ID#: MDBC2075806
0
Beds
0
Baths
0
½ Baths
0.92
Acres
1980
Built
County:
Baltimore
School District:
Baltimore County Public Schools
Property Description
2340 Monumental Avenue comprises +/-0.92-acres, zoned ML/IM, and is improved with an existing 2-story +/-9,500 sf flex office building. The current NNN-lease is in place through February 2026, with two extensions and 2% annual rent escalations. Based on the existing annual lease rate, the property is valued at an 8.1% cap rate.The property presents an enticing opportunity for an end user to flourish in an established submarket. The property is conveniently located in close proximity to Downtown Baltimore and the major regional employment center, Fort Meade (Anne Arundel County). An ideal location for an owner/user or contractor+GGs yard, the property provides ample parking and fenced storage space.
Exterior Features

Construction Materials BrickBrick Front Garage YN No Location Type Business District Parking Features FencedHandicap Parking Parking Types Parking Lot Property Condition Good Riparian Rights YN No Roof Asphalt Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 9480.00 Cooling Central A/CZoned Heating Forced Air Heating YN Yes Net Square Feet 9500.00 Security Features Monitored

Property Features

Accessibility Features 32"+ wide DoorsOther Assessment Year 2023 Business Type FlexProfessional Central Air YN Yes Cooling Fuel Natural Gas Heating Fuel Natural Gas Hot Water Natural Gas Navigable Water YN N New Construction YN No Number Of Units Total 2 Original MLSNumber 802547478636 Ownership Interest Fee Simple Possession Settlement Property Sub Type Mixed Use Sale Type Standard Sewer Public Sewer Tax Annual Amount 17547.00 Tax Assessment Amount 1447800.00 Vacation Rental YN No Water Source Public Zoning ML IM Zoning Description ManufacturingLight - IndustrialMajor

Listing courtesy of Hogan Companies Residential: .


©2024 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 Asif Qadir Group | RE/MAX Premiere Selections. 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: 2024-02-24T20:51:35.603.
 
https://bt-photos.global.ssl.fastly.net/brightmls/orig_boomver_1_802547478636-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/orig_boomver_1_802547478636-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/orig_boomver_1_802547478636-2.jpg
Logo
Asif Qadir Group | RE/MAX Premiere Selections
966 Hungerford Drive #29
Rockville MD, 20850