544 Old Town Mall Baltimore, MD 21202

Building Details

Year Built

1920

Listing office Tennant Commercial Advisors Show Phone

Listing date Jun 19, 2024

Source Crexi

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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.

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FAQs

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.