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    831 Key Hwy Baltimore, MD 21230

    Sponsored
    For Sale
    $579,000

    Luxury Waterfront Office w/ Marina Slips

    Property size:
    921 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 921-square-foot mixed-use commercial office condo presents a unique investment opportunity in Baltimore's Inner Harbor. Located within the prestigious Ritz-Carlton Residences, this property offers a blend of luxury and lucrative potential. Currently leased at $2,500 per month on a three-year agreement, the office space generates a substantial and reliable income stream exceeding operating expenses, ensuring strong cash flow. The property's prime location provides unparalleled access to the vibrant waterfront activity. A significant advantage is the inclusion of 18 boat slips and 2 jet ski lifts within the associated marina, offering additional rental income opportunities. Further enhancing the property's appeal are four dedicated valet parking spaces, providing exceptional convenience for occupants and visitors. This turnkey investment combines the benefits of a stable commercial lease with the added revenue potential of marina slip rentals, making it an attractive proposition for discerning investors seeking a high-return asset in a desirable location. The property's position within the Ritz-Carlton Residences ensures a prestigious address and access to high-end amenities. This is a rare opportunity to acquire a thriving commercial property with significant upside potential in one of Baltimore's most sought-after areas.

    Property Features for 831 Key Hwy

    General Information

    Property type
    Mixed-use properties
    Square Feet
    921 SF

    Building Details

    Year Built
    2009
    Property Profile Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Law Firm Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Baltimore
    County
    Baltimore City
    State
    Maryland
    Longitude
    -76.60616
    Latitude
    39.27945

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    FAQs

    What type of property is this?
    Mixed-use property - Luxury Waterfront Office w/ Marina Slips
    Where is this mixed-use property located?
    The property is located at 831 Key Hwy Baltimore, MD.
    What is the asking price?
    The asking price for this property is $579,000.
    (410) 547-1116
    Request Owner's contact information
    831 Key Hwy Baltimore, MD 21230
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    Baltimore, MD 21230
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    831 Key Hwy Baltimore, MD 21230
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