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    704 Ensor St Baltimore, MD 21202

    Sponsored
    For Sale
    $775,000

    14,000 SF, 4-Story Building, Prime Location

    Property size:
    14,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional redevelopment opportunity presents a 14,000 square foot, four-story mixed-use building situated on a 0.14-acre lot in Baltimore, Maryland, at 704 Ensor Street, zip code 21202. The property, built in 1900, is zoned I-MU, offering significant flexibility for adaptive reuse. Currently a shell building, it's ideally suited for a creative vision, allowing for the creation of apartment units, creative office spaces, or medical offices – all permitted uses within the existing zoning. The asking price is $775,000, translating to $55.36 per square foot. Its prime location offers unparalleled access to key amenities and transportation. The property is conveniently located near the Old Town Mall and the former Somerset House, a site undergoing a $1 billion redevelopment project. Furthermore, it's within easy reach of downtown Baltimore, Johns Hopkins Hospital, public transportation options, and major roadways including I-83, and is only 22 minutes from Baltimore/Washington International Thurgood Marshall Airport (BWI). This presents a unique chance to capitalize on the revitalization of the area and create a thriving mixed-use development. The entire 14,000 square feet is net rentable. This is a compelling investment opportunity for those seeking a high-impact project in a rapidly developing urban setting.

    Property Features for 704 Ensor St

    General Information

    Property type
    Multifamily properties
    Square Feet
    14,000 SF
    Lot Size
    6,098 SF

    Building Details

    Year Built
    1900
    Stories
    4

    HighLights

    • $775,000 asking price for a 14,000 square foot mixed‑use building.
    • Located at 704 Ensor St, Baltimore, MD 21202.
    • 14,000 square feet of net rentable space, priced at $55.36 per square foot.
    • Four‑story building, built in 1900, on a 0.14‑acre lot.
    • Zoned I‑MU; redevelopment opportunity near Old Town Mall and Johns Hopkins.
    • Broker co‑op available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Christ Institution Baptist ... Baptist Church

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Law Firm Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Baltimore
    County
    Baltimore
    State
    Maryland
    Longitude
    -76.6043767
    Latitude
    39.2983954

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    FAQs

    What type of property is this?
    Multifamily property - 14,000 SF, 4-Story Building, Prime Location
    Where is this multifamily property located?
    The property is located at 704 Ensor St Baltimore, MD.
    What is the asking price?
    The asking price for this property is $775,000.
    What are key features of this property?
    This property features: $775,000 asking price for a 14,000 square foot mixed-use building.; Located at 704 Ensor St, Baltimore, MD 21202.; 14,000 square feet of net rentable space, priced at $55.36 per square foot.
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    704 Ensor St Baltimore, MD 21202
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    Baltimore, MD 21202
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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
    704 Ensor St Baltimore, MD 21202
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