Bank foreclosure priced to sel! Property contains 12,354 SF consisting of 5 storefronts, 11 residential units plus parking. Current gross Income $140k potential for $200k annually . Most retail leases 3-5 years.
$550 Million dollars in new investment capital
Park Heights is experiencing a renaissance. Public and private capital has been committed Including $400M to completely rebuild Pimlico race track, Including a new race course, new club house, conference center and a new hotel for year round entertainment.
Additionally $100 Million in private investment capital has been committed to renovate and build over 200 single family housing units.