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UPDATE: 9% CAP RATE plus value-add opportunity! The owner has turned this property around, and it is now a stable income-producing asset, fully leased and generating $6,500/month, with two vacant spaces that could increase cash flow by approximately $2,500/month. Tenants include an automotive repair business with a tire shop on a 2-year lease and a TJ Mart convenience store that completed significant tenant-paid improvements before moving in last year. Situated at a high-traffic corner on Pratt Street, this property features 4,860 sq. ft. of above-ground space, with the automotive business occupying a single-bay garage for the tire shop and a 3-bay garage for car repairs. The value-add opportunity includes two additional upstairs spaces: one above the 3-bay garage that could be converted into an apartment or hair salon, and another above the tire shop suitable for a print studio, storage, or other uses. Amenities include off-street parking for 11+ vehicles, separate entrances from Pratt and Carey Streets, high bay ceilings, zoned central air, and three bathrooms. Consisting of two parcels-1234 W Pratt St and 1236 W Pratt St-being sold together, this property offers exceptional cash flow today and significant potential for increased performance. Located across from Mount Clare Junction Shopping Mall and less than 1.5 miles from I-95, I-395, and I-295, it offers excellent accessibility for high-volume businesses. Don't miss out-schedule your tour today!

Property Details of 1236 W Pratt Street

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Listed by Dimitrios Lynch of ExecuHome Realty

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