SALE INCLUDES 1st Floor Lease + EXCESS LAND (.44 AC). NOI REFLECTS 6.6% CAP RATE ON EXISTING INCOME. The property includes tenant; Dimples Restaurant Bar and Lounge. The .42 Acre paved parking lot adjacent to the property is zoned (BL) and currently has a food stand that is also leased. Excellent location on Liberty Rd which has a traffic count of over 50,000+ cars per day. Liquor License included with the sale. Property being Sold "AS IS".
Great opportunity to own an impressive income generating property on Liberty Road Randallstown Maryland. This property is sitting on more than 2 acre lot and offers lots of great choices! Very perfect for a church, Event Center / Banquet Facility, Funeral Home, Hair Salon and Spa, Warehouse, Storage, Recreation, etc. All approved County permits will convey with the property. Come with your favorite client before it is sold!!!!
Randallstown is located in Maryland. Randallstown, Maryland has a population of 35,438. Randallstown is more family-centric than the surrounding county with 30.31% of the households containing married families with children. The county average for households married with children is 29.92%.
The median household income in Randallstown, Maryland is $80,120. 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 Randallstown is 41.2 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 43.7 inches per year, with 21.9 inches of snow per year.