Property profile

219 Baltimore St Baltimore, MD 21202

OFF-MARKET
Retail properties & Spaces
33,000 SF
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Property summary

AI-generated overview

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 profile

Verified
Property type Retail properties & Spaces
Total area 33,000 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Telecommunications Service Data Center

Location

219 Baltimore St Baltimore, MD 21202
Baltimore metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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