1236 W PRATT STREET, BALTIMORE, MD 21223

Other
THB ฿23,871,652
USD $699,900
Published on: 07 Feb 2024
Last updated on: 18 Jan 2025
1236 W PRATT STREET, BALTIMORE, MD 21223
1236 W PRATT STREET, BALTIMORE, MD 21223
1236 W PRATT STREET, BALTIMORE, MD 21223
+14
1236 W PRATT STREET, BALTIMORE, MD 21223
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Property ID: 110089832611
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Commercial - BALTIMORE, MD

1236 W PRATT STREET, BALTIMORE, MD 21223
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!

Property Details

Basic Info

Property Type
Other
Listing Status
Active
Land Size
485.62 m2
Year Built
1920
Architecture Style
Other
County
BALTIMORE CITY
Provider
Bright MLS
Brokerage Office Name
ExecuHome Realty
Brokerage Office Phone
(443) 632-3000
Neighbourhoods
Baltimore City
Address
1236 W PRATT STREET, BALTIMORE, MD 21223
Contact Agent
Dimitrios Lynch
ExecuHome Realty
720 Montford AVENUE, Baltimore, MD 21224
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Dimitrios Lynch
720 Montford AVENUE, Baltimore, MD 21224
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      Property ID: 110089832611

      Data provided by Bright MLS, MLS #: MDBA2111524
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