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Renovated Office Building For Sale
For Sale
Contact for pricing
Pending

554 Old Town Mall, Baltimore, MD 21202

Two-story renovated office building with customizable interior.

Property Size2,522 SF
Days on Market867

Property Features for 554 Old Town Mall

General Information

Standard status Pending
Size 2,522 SF
Class C
Property subtype Office
Zoning C-2

Building Details

Year Built 1920
Listing Agency: Tennant Commercial Advisors
Listed By: Leo McDermott · License #MD 510570
Source: Crexi
Added: Apr 12, 2024 Changed: Aug 16 Last Checked: Aug 24 at 10:08PM

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 Tennant Commercial Advisors

Investment Insights

Based on property information with market context.

This two-story commercial structure, originally built in 1920, offers a value-add opportunity for both owner-users and investors. The building has undergone a complete renovation, featuring new mechanical, electrical, and plumbing systems. The brick exterior has been re-pointed, and the roof is reported to be in good condition. With a total property size of 2522 square feet, this building presents an opportunity to purchase a building at an affordable price and complete the interior design to meet specific business needs.

Key Highlights

  • Completely renovated with new mechanical, electrical, and plumbing.
  • Affordable price point for building ownership.
  • Opportunity to customize the interior design to specific business needs.

Property Analytics

Current Use

Selfie Space Baltimore (Bike/Boat/Book/etc) Store Silver Gorilla Apparel ... Clothing & Fashion Store ReSol Apparel Clothing Store

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Store Pet Store & Service Clothing & Fashion Store Tanning Salon Adult Day Care

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

8,425
Businesses Nearby

Demographics for 21202, MD

22,247
Population
12,731
Households
1.7
Avg Household Size
33
Median Age
48%
College-Educated
86%
High-School Grad
1.6 sq mi
ZIP Area
13,904
Density / Sq Mi
$61,578
Median Household Income
$53,609
Median Earnings
$1,497
Median Rent
$307,700
Median Home Value

Market

Vacancy Rate% for Office in Baltimore, MD

12.4% 2019
13.1% 2020
13% 2021
14.5% 2022
17.1% 2023
16.3% 2024
17.2% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Two-story renovated office building with customizable interior.
Where is this office building located?
The property is located at 554 Old Town Mall Baltimore, MD.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Completely renovated with new mechanical, electrical, and plumbing.; Affordable price point for building ownership.; Opportunity to customize the interior design to specific business needs.
(202) 744-6910 Call to check price and availability
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