710 & 724 S ANN St Baltimore, MD 21231

Located in Baltimore, 710 S. Ann Street, available in combination with 724 S. Ann Street, presents an investment opportunity with stable income and long-term potential. The property is currently leased to an academic institution with a history of success, providing a monthly triple-net (NNN) income of $35,000. The lease includes annual escalators of 3.5%, ensuring consistent cash flow. Together with 724 S. Ann Street, the property is leased long-term to The New Century School, allowing for unified operations. The building, originally designed as a gathering place, features adaptable spaces with wood floors, exposed brick, tall ceilings, classrooms, a stage, and flexible areas suitable for instruction, performance, or events. The second level includes a two-story library, offices, and gathering areas. The upper levels house The Sanctuary, a wellness and training facility with arches and stained glass, providing additional income. A flex auxiliary space is located on the third floor. Modern systems support the preserved architectural details. The building size is approximately 16,080 square feet. The property has a bike score of 83, indicating it is very bikeable, a walk score of 85, indicating it is very walkable, and a transit score of 82, indicating excellent transit options.