520 Forrest St - Loft/Creative Space FOR SALE


Baltimore, MD 21202
$950,000 USD
410-560-3970
520 Forrest St, Baltimore, MD for Sale
$950,000 USD
Loft/Creative Space - FOR SALE
1/9
null | 9.57% Cap Rate

520 Forrest St
Baltimore, MD 21202


HIGHLIGHTS

  • Beautifully appointed artist space
  • Close to Open Works and the Station North Arts Disctrict
  • Cash flowing asset

OVERVIEW

We are excited to introduce Art at 520, an exceptional investment opportunity. This fully renovated building offers strong cash flow from long-term tenants, providing both stability and flexibility for the future. Whether you choose to retain the current tenants or implement your own vision, this property gives you the opportunity to maximize returns. The sale includes 520 Forrest Street and 1055-1057 Hillen Street, both of which have undergone comprehensive renovations, minimizing future building maintenance and capital improvement costs. Strategically located, the property is easily accessible from downtown, I-83, Route 40, and Harbor East. In addition, Art at 520 is positioned within the proposed Old Town Mall-Somerset Homes redevelopment area, adding a complementary and valuable use to this rapidly evolving neighborhood. This is a prime opportunity to invest in a property with excellent current performance and significant future potential.

FOR SALE DETAILS

PRICE

$950,000 USD

PRICE/SF

$115 USD /SF

CAP RATE

9.57%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Art at 520

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1937

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,520 SF

ZONING

C-2

APN/PARCEL ID

1271-009,1271-018

ASK ABOUT THIS PROPERTY

Bradley ShapiroJabber Five Real Estate GroupMore Info
410-560-3970

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

Bradley ShapiroJabber Five Real Estate GroupMore Info
410-560-3970

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