Do not miss this excellent investment opportunity along the well-travelled Reisterstown Road in Owings Mills, Maryland 21117. This property is in a well-established neighborhood and its bordered or surrounded by a new residential development and an office building, and within the neighborhood are luxury apartments, shopping malls and car dealerships. This commercial property (office building & land) Zoned OR-2, is an office space of multiple rooms on 3 levels with bathrooms on each level and kitchen on the first floor with multiple entrances. This property sitting on over an ACRE or estimated 43560sf land needs a COMPLETE REHAB! Or can be turndown and rebuilt into investorâs dream of a commercial property or commercial apartment buildings. The land by itself is an investorâs dream. BRING ALL OFFERS!
This property is located directly across from the new 400,000 sf, Wegmans anchored âFoundry Rowâ, this property is 1,893 sf free standing with drive thru and 3,968 sf free standing building. Less than 1 mile from 1.2m sf âmetro centre at owings millsâ with direct access to and frontage on Reisterstown Road (rt. 140) and easy access to I-795 via owings mills blvd and to I-695. Existing seafood restaurant and dry cleaner spaces available, with ground lease available 1.4 acres to 2.9 acres (zoned bl and dr). Access to light at corner of Painters Mill Road and Reisterstown Road as well.
Owings Mills is located in Maryland. Owings Mills, Maryland has a population of 34,231. Owings Mills is more family-centric than the surrounding county with 30.88% of the households containing married families with children. The county average for households married with children is 29.92%.
The median household income in Owings Mills, Maryland is $72,609. The median household income for the surrounding county is $71,810 compared to the national median of $57,652. The median age of people living in Owings Mills is 33.8 years.
The average high temperature in July is 87.7 degrees, with an average low temperature in January of 24.2 degrees. The average rainfall is approximately 44.1 inches per year, with 21.9 inches of snow per year.
