547 Old Town Mall - Storefront Retail/Residential FOR SALE


Baltimore, MD 21202- Oldtown
$295,000 USD
202-744-6910
547 Old Town Mall, Baltimore, MD for Sale
$295,000 USD
Storefront Retail/Residential - FOR SALE
1/1
null | Request Cap Rate

547 Old Town Mall
Baltimore, MD 21202
Oldtown


HIGHLIGHTS

  • Value-Add Opportunity for owner-user or investor
  • 3-story building (1920 construction) with strong historic character
  • Income in place: 1,725 SF ground-floor retail leased
  • Upside potential: 1,740 SF on upper two floors gutted and ready for buildout
  • Major capital improvements completed: re-pointed brick exterior, new roof, and new HVAC
  • Seller flexibility: seller willing to complete interior buildout as contractor

OVERVIEW

Value Add Opportunity for an owner-user or investor. The 3-story structure was built in 1920. The first floor of 1,725 square feet is leased to a retail tenant. The two upper floors of 1,740 square feet have been gutted and are ready for new interior construction. The building’s brick exterior has been re-pointed and the roof and HVAC are new. Seller is willing to complete the interior buildout as a contractor for the new owner. This is a chance to purchase your own building at an affordable price and complete the interior design based on your business needs.

FOR SALE DETAILS

PRICE

$295,000 USD

PRICE/SF

$85 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,951 SF

ZONING

C-2

APN/PARCEL ID

1288-071

ASK ABOUT THIS PROPERTY

202-744-6910

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

202-744-6910

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