414-416 E Baltimore St - Bar FOR SALE


Baltimore, MD 21202- Historic Baltimore
$1,150,000 USD
202-318-6800
414-416 E Baltimore St, Baltimore, MD for Sale
$1,150,000 USD
Bar - FOR SALE
1/7
null | Request Cap Rate

NEW


414-416 E Baltimore St
Baltimore, MD 21202
Historic Baltimore


HIGHLIGHTS

  • • 5-Level Mixed-Use Property with 19,430 Square Feet of Gross Building Area
  • • Significant Value-Add Opportunity at $59.19/SF | Offered Well Below Replacement Cost
  • • C-5 DC/AU Zoning Permits Multiple Uses Including Retail, Office, & Multifamily
  • • Open Floor Plans throughout with Ceiling Heights of 9'-17' Across All Levels
  • • Located in Baltimore City's Central Business District | 4 Blocks from the Inner Harbor

OVERVIEW

Feldman Ruel is pleased to offer for sale 414-416 E Baltimore Street, in Baltimore, MD. The subject property is situated four blocks from the Baltimore Inner Harbor and will be delivered vacant. This 19,430-square-foot, five-level (including a finished sublevel) building was most recently occupied by the Two O'clock Club and Club Mula, two bars/nightclubs which occupied the sublevel, first level, and second level. The 3,320-square-foot third level and 3,446-square-foot fourth level have been vacant for years. These levels can be redeveloped into office, multifamily, or an extension of the retail space. The subject property is a blank canvas that a savvy investor or club owner can reimagine and present a new concept to this submarket in a quality location. Each level has an open floor plan which allows for a myriad of uses and configurations. Baltimore City's C-5 DC/AU zoning district is designed to support a dense, mixed-use urban environment in the heart of downtown Baltimore. This zoning designation allows for a wide range of uses while promoting a vibrant, pedestrian friendly atmosphere. Residential uses include multifamily, live-work dwellings, and living dwellings above non-residential ground levels. Retail establishments, restaurants, bars, and hotels are all allowable uses under this zoning as well. Entertainment and recreation uses include theaters and performance venues, art galleries, and fitness centers.

FOR SALE DETAILS

PRICE

$1,150,000 USD

PRICE/SF

$59 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

414-416 E Baltimore Street

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bar

ADD'L SUBTYPES

Storefront Retail/Residential, Office/Residential, Department Store

TOTAL BUILDING SIZE

-

STORIES

5

YEAR BUILT

1905

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

4,078 SF

ZONING

C-5 DC/AU

APN/PARCEL ID

1331-005

ASK ABOUT THIS PROPERTY

LaMarr DatcherFeldman RuelMore Info
202-318-6800

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LaMarr DatcherFeldman RuelMore Info
202-318-6800

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