592 Old Town Mall - Storefront Retail/Residential FOR SALE


Baltimore, MD 21202- Oldtown
$350,000 USD
240-605-9569
592 Old Town Mall, Baltimore, MD for Sale
$350,000 USD
Storefront Retail/Residential - FOR SALE
1/25
null | Request Cap Rate

NEW


592 Old Town Mall
Baltimore, MD 21202
Oldtown


HIGHLIGHTS

  • Plenty of pedestrian foot traffic
  • Part of 1.1 Billion dollar redevelopment project
  • Up and coming redevelopment
  • John Hopkins a Couple blocks Away
  • Tons of Retail nearby

OVERVIEW

Value Opportunity for an owner-user or investor this renovated mixed-use building is ready for a new owner. Perfect if you have always wanted to start a business, and rent an apartment in the area to make the switch for cheaper than buying a home. Or for an investor looking to start cash flowing, nearby storefronts of similar sizes rent for 1000-1200 a month and apartments rent for about 1800/month near by. The 3-story structure was built in 1920. The first floor is a storefront whose current use is a convenience store but there is a possibility for other uses. The two upper floors have been fitted for a 3 bed 2 bath apartment, Located in the Perkins Somerset Oldtown Transformation District, a $1.1 billion redevelopment plan to convert over 244 urban acres into a modern community with 1,360 units of mixed-income housing get in before prices skyrocket.

FOR SALE DETAILS

PRICE

$350,000 USD

PRICE/SF

$185 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Convenience Store, Storefront Retail/Office, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.02 AC

LAND SF

784 SF

ZONING

C-2

APN/PARCEL ID

05-03-1277-048

ASK ABOUT THIS PROPERTY

Brendan SpearCaprika RealtyMore Info
240-605-9569

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Brendan SpearCaprika RealtyMore Info
240-605-9569

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