- For Sale Contact for pricing
- Property Type Other
- Units 67
- Additional Rent Contact for pricing
- Date Updated Dec 18, 2024
63 Shipping Place | Dundalk, MD 21222
Harbor Stone Advisors and Alex Cooper Auctioneers is pleased to present Dundalk Village Apartments and Retail, a mixed-use investment opportunity located in Dundalk, MD. Situauted in Baltimore County, Dundalk Village Apartments and Retail is right in the middle of the industrial and logistics hub of Baltimore with Chesapeake Commerce Center and Tradepoint Atlantic less than a 10-minute drive away.
The property features (67) residential units with a mix of (30) Studios, (35) 1 Br-1 Ba, (2) 2 Br-1 Ba, 9,127 SF of executive office space, and 69,735 SF of retail space. There is plentiful parking for both tenants and customers, with a total of 295 surface parking spaces as well as street parking.
Prior ownership extensively renovated the residential units between 2007 and 2008 by making electrical and plumbing improvements, adding split systems, and upgrading the kitchen and bathrooms with new cabinets, appliance packages, and ceramic tiled flooring. Typical unit features include black/white appliances, wood cabinets, laminate countertops, and tile/plank/carpet flooring. The opportunity exists for a new owner to renovate all of the residential units with a suggested scope of stainless steel appliances and granite countertops. Comparable properties nearby that have undergone a similar renovation scope are achieving rents at least $200 higher than the Subject property. There is also a possibility of leasing to more Section 8 tenants to further increase rents and gain certainty of rental income. A new owner can also evaluate converting the executive office suites to apartments and leasing up the remaining vacant retail spaces.
Reach out to the broker for more info on lease terms and amenities
Highlights
- Mixed-Use Investment Opportunity in Baltimore County
- Features (67) residential units, 9,127 SF of executive office space, and 69,735 SF of retail space
- Plentiful parking for tenants and customers, with a total of 295 surface parking spaces as well as street parking
- Typical residential unit features include black/white appliances, wood cabinets, laminate countertops, and tile/plank/carpet flooring
- Ability to Renovate Units and Increase Rents
- Prior ownership extensively renovated the residential units between 2007 and 2008 which included unit renovations
- Other major improvements completed include making electrical and plumbing upgrades and adding split systems
- Focus on leasing retail/office to further drive revenue
- Opportunity exists for a new owner to renovate all of the residential units with a suggested scope of stainless steel appliances and granite countertops
- A new owner can also evaluate the possibility of leasing to more Section 8 tenants, convert the executive suites to apartments, and lease up the remaining vacant retail spaces
- Excellent Location in Dundalk
- Adjacent to the industrial and logistics hub of Baltimore
- Easy access to to I-695, I-895, and a 20 minute drive to the Inner Harbor
- Major area employers nearby: Johns Hopkins Bayview Medical Center, Amazon, CCBC Dundalk, and Volkswagen
False
Contacts
Location
Getting Around
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Walk Score ®
72/100
Very Walkable
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Transit Score ®
53/100
Good Transit
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Bike Score ®
64/100
Bikeable
- City Dundalk, MD
- Neighborhood Dundalk
- Zip Code 21222
- Market Baltimore
Points of Interest
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Johns Hopkins Hospital
4.29 miles
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Shot Tower
4.59 miles
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Charles Center
4.95 miles
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Stadium / Federal Hill
5.08 miles
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Camden Street
5.12 miles
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Camden Station
5.14 miles
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Baltimore Arena
5.23 miles
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Lexington Market
5.41 miles
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Mount Vernon
5.47 miles
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Baltimore Penn Station
5.62 miles
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Carroll Motor Fuels
0.65 miles
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7-Eleven
0.88 miles
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BP
0.91 miles
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Quick Mart
0.94 miles
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High's
1.01 miles
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Royal Farms
1.03 miles
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Crown
1.49 miles
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TA
1.54 miles
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Exxon
1.59 miles
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Tesla Supercharger
1.68 miles
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Lot 1
0.69 miles
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Lot 2
0.72 miles
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Lot 3
0.85 miles
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Lot 4
0.90 miles
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BWI2 Employee Shuttles
1.03 miles
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BWI2 Fulfillment Center Parking
1.14 miles
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BWI5 Sort Center Parking
1.24 miles
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Employee Parking
2.01 miles
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East Parking Garage
2.05 miles
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301 Parking
2.10 miles
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Best Western Plus Hotel & Conference Center
1.54 miles
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Hampton Inn Baltimore Bayview Campus
1.62 miles
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Inn at 2920
2.76 miles
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Deluxe Plaza
2.83 miles
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The Inn at Henderson's Wharf
3.50 miles
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Sagamore Pendry Baltimore
3.68 miles
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Duke’s Motel
3.72 miles
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Admiral Fell Inn
3.77 miles
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Courtyard Baltimore Downtown/McHenry Row
3.86 miles
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Rosedale Motel
3.87 miles
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McDonald's
0.11 miles
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Subway
0.46 miles
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Squire's
0.56 miles
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Squire's Italian Restaurant and Catering
0.56 miles
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California Pizza & Wings
0.61 miles
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La Casita Mexican Food
0.63 miles
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Soprano's Pizza
0.66 miles
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Jimmy's Famous Seafood
0.73 miles
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Oriental Wok
0.87 miles
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Pizza Boli’s
0.88 miles
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Avara's Academy of Hair Design
0.40 miles
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Dundalk Elementary School
0.54 miles
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Dundalk High School
0.58 miles
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Community College Of Baltimore County - Dundalk
0.74 miles
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Dundalk Middle School
0.75 miles
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Holabird Elementary School
1.01 miles
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Norwood Elementary School
1.02 miles
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Holabird Academy
1.03 miles
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Logan Elementary School
1.05 miles
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Holabird Middle School
1.05 miles
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First Choice Child Care
0.91 miles
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German Hill A+ Learning Center
1.43 miles
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Celebree
2.14 miles
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Dynamic Deliverance Childcare Center
3.58 miles
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Destined 4 Greatness Learning Center
3.73 miles
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Kiddie Academy
3.77 miles
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Happy Feet Enrichment Childcare Center
4.29 miles
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Magic Moments
4.57 miles
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Bright Beginnings
4.66 miles
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Saint Vincent de Paul Head Start
4.80 miles
Frequently Asked Questions
The sale price for Dundalk Village Apartments & Retail is available upon request. Contact the listing broker for more information.
Dundalk Village Apartments & Retail totals 52,719 square feet.
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