410-952-3290
2801 Foster Ave, Baltimore, MD for Sale
Retail - FOR SALE
1/17
null | Request Cap Rate

2801 Foster Ave
Baltimore, MD 21224
Canton Square


HIGHLIGHTS

  • Stand Alone property on 1 Acre in the heart of Canton
  • R-8 Zoning but can be upzoned

OVERVIEW

Former Rite Aid pharmacy for sale or lease for the first time in 40 years. Located in the heart of the growing Canton neighborhood, this 1-acre site has incredible potential and various options for the investor or owner/user. This site could be residential with the redevelopment of townhouses / rowhouses or it could be multifamily housing. The site can continue as a retail opportunity for a single retailer or be multi-tenanted to increase rents. Of course it could be a full redevelopment in any number of options as well. The zoning is R-8 which offers a wide variety of uses as well. Approximately 1/3 of the building is occupied by a medical practice on a short-term lease. They have expressed interest in extending their lease to a long-term lease if the purchaser wants the Tenant to stay.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Former RiteAid

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Day Care Center, Freestanding, Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1964

SPRINKLERS

-

PARKING SPACES

57

LAND DETAILS

LAND ACRES

0.98 AC

LAND SF

42,867 SF

ZONING

R-8

APN/PARCEL ID

1859-001

ASK ABOUT THIS PROPERTY

Douglas KaufmanAGM Commercial Real Estate AdvisorsMore Info
410-952-3290

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Douglas KaufmanAGM Commercial Real Estate AdvisorsMore Info
410-952-3290

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.