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544 Old Town Mall Baltimore, MD 21202

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For Sale
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Prime Value-Add Office in Baltimore

Property size:
2,144 SF

Property Features for 544 Old Town Mall

General Information

Property type
Office Properties & Spaces
Square Feet
2,144 SF
Class
C

Building Details

Year Built
1920
Stories
2

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Listing Contact
Leo Mcdermott
Leo Mcdermott

Listing Agency: Trout Daniel & Associates Listing Agent: Leo Mcdermott

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional 2,144 square foot executive office building presents a compelling value-add opportunity for owner-occupants or investors. Located at 544 Old Town Mall in Baltimore, MD 21202, this two-story, Class C building, constructed in 1920, offers significant potential. Currently zoned C-2, allowing for retail, residential, and office uses, the property boasts a strong foundation with a recently re-pointed brick exterior and a well-maintained roof. The first floor is currently leased to a restaurant generating $1,500 per month in rent plus expenses. The second floor is a blank canvas, ready for a custom interior build-out to suit your specific business needs. The seller is even willing to act as a contractor to complete the build-out for the new owner. This property is situated within an Opportunity Zone and Enterprise Zone, and benefits from its location in the Perkins Somerset Oldtown Transformation District, promising future growth and appreciation. Priced at $275,000 ($128.26 per square foot), this is a rare chance to acquire a building in a desirable location at an attractive price point, allowing for significant customization and potential for substantial return on investment. The building's shell condition provides flexibility for a variety of uses, making it an ideal investment for those seeking a unique opportunity to create their ideal workspace or build a strong rental portfolio.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

BTM Limited (Bike/Boat/Book/etc) Store Salon Charm'D Hair Salon Big Mama's Heart ... Restaurant

Suggested Use

Real Estate Agency Spa & Massage Center Restaurant Dental Office Hair Salon Nail Salon Building Supply Daycare Center Gym & Fitness Center Kitchen & Bath Showroom

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

Location Insight

  • Map
  • Local Demand
City
Baltimore
County
Baltimore
State
Maryland
Longitude
-76.6032483
Latitude
39.2970287

FAQs

What type of property is this?
Office Property / Space - Prime Value-Add Office in Baltimore
Where is this office property / space 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: $275,000 asking price for this value-add office investment opportunity.; Located in a Baltimore Opportunity Zone and Enterprise Zone, offering potential tax benefits.; Situated in the Perkins Somerset Oldtown Transformation District, a rapidly developing area.
(202) 744-6910 Call to check price and availability
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