Entitled Multifamily Redevelopment
403 W Franklin St Baltimore, MD 21201
403 W Franklin St, Baltimore, MD, 21201
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For Sale
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Six-story concrete building is approved for 96 apartment units in a Downtown Core C-5-DC zone.
Property Size71,000 SF
Lot Size0.24 Acres
Days on Market112
Property Features for 403 W Franklin St
General Information
- Standard status
- Active
- Size
- 71,000 SF
- Lot size
- 0.24 Acres
- Property subtype
- Multifamily
Building Details
- Year Built
- 1913
Listing agency
Alex Cooper Auctioneers, Inc
(410) 977-4711
Listed by
Matthew Cooper · License #MD 594308
Source
Crexi
Added: Apr 2 Updated: Jul 22 at 6:19AM Checked: Jul 22 at 6:19AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Alex Cooper Auctioneers, Inc
Investment Insights
Based on property information with market context.
The offering includes the historic J. Henry Miller Building, a six-story concrete structure with an approved conversion plan for 96 multifamily apartment units plus a finished basement. The building permit for the 96-unit development is valid through January 30, 2028, and the package includes the full architectural, MEP, and construction permit set, reflecting completed predevelopment work.
The development is planned to include 34 studio units, 10 one-bedroom units, and 52 two-bedroom units. The approved amenities scope includes a fitness center, game room, bowling alley, bar/lounge, co-working spaces, package room, and bike storage.
The property is located in a C-5-DC Downtown Core Subdistrict. The transaction also highlights historic and financial incentive approvals, including eligibility for Federal Historic Tax Credits and a 10-year CHAP property tax abatement, with additional historic approvals referenced as part of the program process.
The development is planned to include 34 studio units, 10 one-bedroom units, and 52 two-bedroom units. The approved amenities scope includes a fitness center, game room, bowling alley, bar/lounge, co-working spaces, package room, and bike storage.
The property is located in a C-5-DC Downtown Core Subdistrict. The transaction also highlights historic and financial incentive approvals, including eligibility for Federal Historic Tax Credits and a 10-year CHAP property tax abatement, with additional historic approvals referenced as part of the program process.
Key Highlights
- Six‑story, 1913 historic J. Henry Miller Building totaling approx. 71,000 SF plus a finished basement
- Approved conversion plan for 96 multifamily apartment units on a 0.24‑acre site
- Unit mix approved: 34 studios, 10 one‑bedrooms, and 52 two‑bedrooms
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FAQs
What type of property is this?
Apartment building - Six-story concrete building is approved for 96 apartment units in a Downtown Core C-5-DC zone.
Where is this apartment building located?
The property is located at 403 W Franklin St Baltimore, MD.
What are key features of this property?
This property features: Six‑story, 1913 historic J. Henry Miller Building totaling approx. 71,000 SF plus a finished basement; Approved conversion plan for 96 multifamily apartment units on a 0.24‑acre site; Unit mix approved: 34 studios, 10 one‑bedrooms, and 52 two‑bedrooms
