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16700 Frederick Road, Mount Airy, MD 21771

$774,900
  • 16700 Frederick Road, Mount Airy, MD 21771 Main Photo

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New to the Market ACTIVE
MLS#MDHW2067066
STATUSACTIVE PROPERTY TYPECommercial - SCHOOLHOWARD COUNTY PUBLIC SCHOOL SYSTEM

Property Description

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**

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 $774,900. Frederick Road is located within the HOWARD COUNTY PUBLIC SCHOOL SYSTEM school district. Search Mount Airy real estate on www.maverickrealtyusa.com today.

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

Days on Site: 5
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: Maverick Realty, LLC
Agency Phone: (302) 365-8297

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