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    805 Howard St Baltimore, MD 21201

    Sponsored
    For Sale
    Contact for pricing

    Turnkey Dispensary, 2 Apartments

    Property size:
    3,100 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional three-story building, located at 805 N Howard St in Baltimore, MD 21201, offers a unique investment opportunity. The 3,100 square foot property boasts a completely renovated interior, completed in 2021, and is zoned C-1. The building's layout includes a ground floor retail space, formerly operating as a dispensary, and two apartments on the upper floors. The finished basement adds to the overall usable space. The previous dispensary build-out is compliant with MMCC/MCA regulations, making this a turnkey operation for a prospective buyer. Situated on historic Howard Street, this property benefits from high visibility and foot traffic. The combination of retail and residential units provides diverse income streams. This is a rare opportunity to acquire a fully renovated, compliant, and well-located commercial property in Baltimore's vibrant urban core. The property's two apartments offer additional rental income potential. This turnkey operation is ready for immediate occupancy and revenue generation.

    Property Features for 805 Howard St

    General Information

    Property type
    Individual retail properties
    Square Feet
    3,100 SF

    Building Details

    Stories
    3
    Units
    2

    HighLights

    • Three‑story, 3,100 SF building for sale at 805 N Howard St, Baltimore, MD 21201.
    • Former dispensary, fully renovated in 2021, compliant with MMCC/MCA regulations.
    • Located on historic Howard Street, offering high visibility and foot traffic.
    • C‑1 zoning, featuring ground floor retail space and two upper‑floor apartments.
    • Finished basement adds to usable square footage; turnkey operation ready for immediate occupancy.
    Property Profile Location Intelligence

    Current Use by Public Records

    Nirvana - Downtown Baltimore Cannabis Store

    Suggested Use

    Realty agency Restaurant Spa & Massage Hair Salon Dental Office Law Firm Nail Salon Clothing Store Food Market Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Baltimore
    County
    Baltimore
    State
    Maryland
    Longitude
    -76.619978024467
    Latitude
    39.298624648382

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    FAQs

    What type of property is this?
    Individual retail property - Turnkey Dispensary, 2 Apartments
    Where is this individual retail property located?
    The property is located at 805 Howard St Baltimore, MD.
    What are key features of this property?
    This property features: Three-story, 3,100 SF building for sale at 805 N Howard St, Baltimore, MD 21201.; Former dispensary, fully renovated in 2021, compliant with MMCC/MCA regulations.; Located on historic Howard Street, offering high visibility and foot traffic.
    (410) 578-1300
    Request Owner's contact information
    805 Howard St Baltimore, MD 21201
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    Baltimore, MD 21201
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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
    805 Howard St Baltimore, MD 21201
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