Located less than 1,000 feet from the bustling intersection of York Road and Northern Parkway, this development opportunity benefits from a prime location with a daily traffic flow of 13,800 vehicles. The intersection of Northern and York sees traffic counts as high as 28,000 daily. Situated on the side of the street where commuters head home, it offers convenient access to York Road, a major north/south thoroughfare connecting northern Baltimore City with central Baltimore County. Adding to its allure, the historic Senator Theatre stands proudly across the street, serving as a magnet for visitors from all corners of the globe. Belvedere Square, one block north, attracts over 10,000 visitors a week with its mix of restaurants, shops and hosted events. Comprising three legal lots, the C-2 zoning classification offers a versatile array of potential uses, encompassing multifamily dwellings, retail spaces, restaurants, or office establishments. The property boasts an impressive 200 feet of frontage along York Road, facilitating visibility and accessibility. It further benefits from utility connections, including a 10-inch water supply connection on York Road and an 8-inch sewer connection located in the rear alley. Under “By-Right” provisions, a developer possesses the potential to construct up to 120 apartments on this site, with no parking requirements. The property’s elevation relative to the York Road sidewalk ranges from approximately 3 feet on the southern end to 6 feet on the northern end. It is worth noting that, as part of a Planned Urban Development (PUD), certain usage restrictions apply that may deviate from the typical allowances under C-2 Zoning regulations. The seller is in talks with the community about removing the PUD; call us for details.This development opportunity lies within a three-mile radius of five prestigious colleges and universities, positioning it as an ideal choice for off-campus housing, tapping into the substantial disposable income of this demographic. Within a 15-minute drive time, a thriving community boasts 212,121 households and a population of 455,655 individuals, as per the 2020 Census. The York Road Corridor serves as a retail hub, anchored to the south by prominent retailers like Staples and extending an impressive three miles north to the ever-popular Towson Town Center. Here, you’ll find a blend of national giants such as Giant Foods, Chipotle, Panera, and PetCo, alongside local businesses like Ayd Hardware, a family-owned establishment that has proudly served the community since 1974. Convenient transportation access is another highlight, with swift connectivity to I-83 for travel north or south achievable within a mere ten minutes. Furthermore, 5837 – 5841 York Road enjoys a location along the CityLink Red bus line, recognized as the most heavily utilized MTA bus route, ensuring effortless accessibility for both residents and visitors alike. Schedule a Private Showing

Listing courtesy of BRIGHT / Ben Frederick Realty, Inc.

Last checked: Checking… • Last updated Apr 18, 2024 • Source: BRIGHT

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