Two-Story Building in Old
For Sale
Contact for pricing
Pending
544 Old Town Mall, Baltimore, MD 21202
Two-story building with value-add opportunity in Baltimore's Old Town.
Property Size2,144 SF
Days on Market799
Property Features for 544 Old Town Mall
General Information
Standard status
Pending
Size
2,144 SF
Class
C
Property subtype
Office
Zoning
C-2
Investment Type
Value Add
Building Details
Year Built
1920
Stories
2
Listing Agency:
Tennant Commercial Advisors
(202) 744-6910
Listed By:
Leo McDermott · License #MD 510570
Source:
Crexi
Added: Jun 19, 2024
Changed: Aug 23
Last Checked: Aug 26 at 10:10AM
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 building, constructed in 1920, presents a value-add opportunity for an owner-user or investor. The building features a brick exterior that has been re-pointed, and the roof is in good condition. The first floor is currently leased to a restaurant at $1,500 per month, plus expenses. The second floor is in shell condition, offering the opportunity for customization. The seller is willing to complete the interior buildout as a contractor for the new owner, allowing for tailored interior design based on specific business needs. The property is located in Baltimore's Old Town.
Key Highlights
- Value‑add opportunity for owner‑user or investor to customize the second floor.
- Existing first‑floor restaurant lease provides immediate income ($1,500/month plus expenses).
- Seller willing to complete interior buildout as a contractor.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
8,425
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Two-story building with value-add opportunity in Baltimore's Old Town.
Where is this office building located?
The property is located at 544 Old Town Mall Baltimore, MD.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Value‑add opportunity for owner‑user or investor to customize the second floor.; Existing first‑floor restaurant lease provides immediate income ($1,500/month plus expenses).; Seller willing to complete interior buildout as a contractor.
