BEDS0
BATHS
MLS#MDHW2067066
STATUSACTIVE
PROPERTY TYPECommercial -
SCHOOLHOWARD COUNTY PUBLIC SCHOOL SYSTEM
Property Description
**MULTIPLE LOIs RECEIVED, HIGHEST AND BEST DUE MONDAY 5/11 @ 5PM**The Mt. Airy Investment Portfolio is a mixed-use assemblage comprising four income-producing units located at 16700–16708 Frederick Road (Route 144) in Mt. Airy, Maryland. The portfolio consists of a single-family residence, a residential duplex, and a commercial auto repair shop with associated garage and gravel lot — all situated along the Frederick Road corridor with direct access to I-70. The property is 100% occupied and generates $74,160 in current gross rental income. However, rents across all units are materially below market, presenting an immediate mark-to-market opportunity of at least $20,400 annually upon lease rollover. All tenants are currently on monthly renewals, offering a near-term rent reset event. This offering represents a compelling blend of stabilized cash flow and clearly identifiable value-add upside for investors seeking small-balance mixed-use portfolios in growing suburban Maryland markets. **Tenant Items have been digitally removed**
Property Features
Property Type: Commercial -
Cooling: Multi Units, Ceiling Fan(s), Window Unit(s)
Fuel Type: Natural Gas
Heating: Forced Air
Lot Size: 1.00 Acres
Roof Type: Architectural Shingle, Flat, Rubber, Pitched
Taxes: $9,711
Year Built: 1900
Feature Descriptions
Exterior: Frame
Flooring: Carpet, Hardwood, Concrete
Lot Dimensions: 1.00 Acre(S)
Sewer: Other, Shared Septic, Septic Exists, Private Septic T
Total Garage/Parking Spaces: 15
Units: 3
Utilities: Natural Gas Available
Water: Private, Well
Local Schools
High School: GLENELG
Middle School: GLENWOOD
Elementary School: LISBON
School District: HOWARD COUNTY PUBLIC SCHOOL SYSTEM
Listed By / Shown By
Listed By
Agency Name: Keller Williams Realty Centre
Agency Phone: 4103120000
Shown By
Agency Title: Berkshire Hathaway HomeServices Homesale Realty
Agency Phone: +18003833535
First American
16700 Frederick Road | MLS# MDHW2067066
This commercial property located at 16700 Frederick Road, Mount Airy, MD 21771 is currently listed for sale with an asking price of $774,899. Frederick Road is located within the HOWARD COUNTY PUBLIC SCHOOL SYSTEM school district. Search Mount Airy real estate on www.homesale.com today.