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    219 Baltimore St Baltimore, MD 21202

    Sponsored
    For Sale
    $1,500,000

    Prime CBD location, 33,000 SF, high potential.

    Property size:
    33,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional redevelopment opportunity presents a vacant 33,000-square-foot storefront at 219-225 E Baltimore St in Baltimore, MD, 21202. Listed at $1,500,000 ($45.45/SF), this property boasts a prime location in the Central Business District, offering significant upside for investors. The site benefits from unparalleled accessibility, situated directly across from a Metro bus stop and within one block of a subway entrance. A convenient service alley runs along the rear of the building, enhancing logistical efficiency. The existing structure features high ceilings and remnants of previous kitchen equipment and counters, offering potential reuse or removal for a complete renovation. This property presents a unique chance to capitalize on the high traffic area and create a modern, high-impact development. The existing footprint allows for future expansion, with potential for adding additional floors and significantly increasing square footage. This NNN-leased property is currently vacant, providing immediate control and flexibility for the new owner. This is an exceptional investment opportunity in a thriving urban core.

    Property Features for 219 Baltimore St

    General Information

    Property type
    Individual retail properties
    Square Feet
    33,000 SF

    HighLights

    • Prime Central Business District location.
    • Subway access within one block.
    • Metro bus stop directly in front.
    • Rear service alley access.
    • Potential for vertical expansion.
    • High‑traffic location.
    Property Profile Location Intelligence

    Current Use by Public Records

    High Speed Internet ... Internet Service Provider

    Suggested Use

    Realty agency Spa & Massage Restaurant Dental Office Hair Salon Nail Salon Building Supply Law Firm Gym & Fitness 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
    -76.61158251591
    Latitude
    39.289694558901

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    FAQs

    What type of property is this?
    Individual retail property - Prime CBD location, 33,000 SF, high potential.
    Where is this individual retail property located?
    The property is located at 219 Baltimore St Baltimore, MD.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: Prime Central Business District location.; Subway access within one block.; Metro bus stop directly in front.
    Request Owner's contact information
    219 Baltimore 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
    219 Baltimore St Baltimore, MD 21202
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