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    1611 Frederick Ave Baltimore, MD 21223

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    For Sale
    $159,900

    Mixed-use property with commercial space and residential unit in Baltimore.

    Lot size:
    0.04 Acres

    Property Features for 1611 Frederick Ave

    General Information

    Lot size
    0.04 Acres

    Building Details

    Year built
    1860

    Source: UnionPlus Realty, Inc. Agent Sibo Wang

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Property in Franklin Square

    This mixed-use property is located in Franklin Square and features R-8 zoning, which allows for two dwelling units based on the 1,512 square feet lot area. The end unit townhouse currently operates as TAI WONG Carry-Out on the main floor, with a residential unit above featuring 5 bedrooms and 1.5 bathrooms. The business is sold with the building. The property has 2,590 square feet of finished space spanning 3 floors, with an additional unfinished basement and a roof deck. There are no condo or HOA fees. The property is being sold AS IS. It is within walking distance of Historic Union Square park and conveniently located near Hollins Market, Grace Medical Center, The University of Maryland Medical Center, and the Horseshoe Casino. It is also in close proximity to Ascension Saint Agnes Hospital, M & T Bank Stadium, Camden Yards, Inner Harbor, Harbor East, and Little Italy, with quick and easy access to I-95. This property is suitable for investors.
    Location Intelligence

    Current Use by Public Records

    Tai Wong Carry ... Takeout Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon 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
    State
    Maryland
    Longitude
    -76.6428038
    Latitude
    39.2879133

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property with commercial space and residential unit in Baltimore.
    Where is this mixed-use property located?
    The property is located at 1611 Frederick Ave Baltimore, MD.
    What is the asking price?
    The asking price for this property is $159,900.
    What are key features of this property?
    This property features: - Mixed-use property with existing business (TAI WONG Carry-Out) included in sale.; - R-8 zoning allows for potential development of two dwelling units.; - **Prime location: walkable to downtown Baltimore and Union Square park.**
    (410) 963-8654
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    Baltimore, MD 21223
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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
    1611 Frederick Ave Baltimore, MD 21223
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