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Renovated Restaurant Building For Sale
For Sale
Contact for pricing
Pending

582 Old Town Mall, Baltimore, MD 21202

Renovated restaurant building with mezzanine, ideal for owner-user or investor.

Property Size2,537 SF
Days on Market873

Property Features for 582 Old Town Mall

General Information

Standard status Pending
Size 2,537 SF
Class C
Property subtype Office
Zoning C-2
Investment Type Value Add

Building Details

Year Built 1920
Listing Agency: Tennant Commercial Advisors
Listed By: Leo McDermott · License #MD 510570
Source: Crexi
Added: Apr 12, 2024 Changed: Aug 24 Last Checked: Aug 31 at 6:07PM

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 one-story structure with a mezzanine, constructed in 1920, is built out as a restaurant and presents a value-add opportunity for an owner-user or investor. The property has undergone a complete renovation, featuring a new interior, a new HVAC unit, and a good roof. The building offers approximately 2537 square feet of space. A liquor license may be available. This property offers the chance to purchase a building and complete the interior design based on specific business needs.

Key Highlights

  • Completely renovated interior with new HVAC unit and good roof.
  • Value‑add opportunity for owner‑user or investor.
  • Liquor license may be available.

Property Analytics

Current Use

One Stop Mini ... Grocery & Convenience Store Cultural yard Restaurant

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Store Pet Store & Service Clothing & Fashion Store Tanning Salon Adult Day Care

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

8,425
Businesses Nearby
Well-served
Demand for This Use

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 Retail in Baltimore, MD

5.8% 2019
7.2% 2020
7% 2021
6.3% 2022
5.9% 2023
5.9% 2024
6.6% 2025
Rey
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  • Skool kitchen Baltimore, MD 21202, United States
  • Crazy John's 410 E Baltimore St, Baltimore, MD 21202

Frequently Asked Questions

What type of property is this?
Restaurant - Renovated restaurant building with mezzanine, ideal for owner-user or investor.
Where is this restaurant located?
The property is located at 582 Old Town Mall Baltimore, MD.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Completely renovated interior with new HVAC unit and good roof.; Value‑add opportunity for owner‑user or investor.; Liquor license may be available.
(202) 744-6910 Call to check price and availability
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