Sojourner Douglass College - Schools FOR SALE


Baltimore, MD 21202
$8,899,926 USD
443-741-4042
Sojourner Douglass College, Baltimore, MD for Sale
$8,899,926 USD
Schools - FOR SALE
1/40
null | Request Cap Rate

Sojourner Douglass College
Baltimore, MD 21202


HIGHLIGHTS

  • Last Remaining Major Undeveloped Landmark In Baltimore City • 4 Story — 153,477SF Building — 2.73 Acres (118,918.8/SF)
  • Mixed-Use Nature Allows for ? 100-500 Apartments. Hotel | Life Sciences | Traditional Medical | Education | Retail | Industrial
  • 12'(½) Ft - 23' Ft Slab-to-Slab. 15' Ft + Areas ? 2nd Floor (Vertical Hallways & Classrooms) | 4th Floor | Auditorium | Gymnasium
  • Center of $1Billion PSO Transformation Plan ? Next To World Renown John's Hopkins Medical Campus & Hospital
  • 80 Existing Marked On-Site Parking Spaces ? Ability To Add 20+ w/Unused Lot (Street Parking Not Accounted For)

OVERVIEW

Unique opportunity to acquire one of the few remaining large scale projects in Baltimore. Site is adaptable for a variety of uses and this is great for investors seeking an adaptive re-use or redevelopment that could include market rate residential, affordable housing, corporate housing, office uses, life sciences, and array of auxiliary uses. • 153,477SF existing building on 2.73 Acres of land. 4 Stories + Basement • 4 Story portion +/- 92,250 SF • 2 Story portion +/- 62,250 SF • 2 Existing Passenger Elevators • 1 Loading Dock • 1 Drive-In • 12 (½) Ft slab-to-slab (Building Majority) • 15 -18 Ft slab-to-slab (Vertical Hallways/Top Floor/Certain Classrooms) • 20’ Ft+ slab-to-slab (Auditorium/Gymnasium) • 10’ Ft slab-to-slab (Cafeteria) • 7,000 SF Gated green area (Playground currently) • 3,550 SF Enclosed area (Drive-in/dock area) • 6,500 SF Cafeteria & Existing Kitchen w/walk-in fright & freezer (4,500SF + 2,000SF) • 6,000 SF Auditorium (550+ existing seats) • 3,500 SF Gymnasium • 30’x24’ (720SF) Avg Classroom Size • Neighboring property is being converted right now to senior housing and additional construction underway between Sojourner and the Jefferson Appts+The Ella at Somerset etc.

FOR SALE DETAILS

PRICE

$8,899,926 USD

PRICE/SF

$58 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Schools

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

B

YEAR BUILT

1923

SPRINKLERS

-

PARKING SPACES

80

LAND DETAILS

LAND ACRES

2.73 AC

LAND SF

118,919 SF

ZONING

C2

APN/PARCEL ID

05-09-1320-001

ASK ABOUT THIS PROPERTY

Tom WhelanLee & AssociatesMore Info
443-741-4042

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Tom WhelanLee & AssociatesMore Info
443-741-4042

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