559-561 Old Town Mall Baltimore, MD 21202
- Retail properties
- 6,794 SF
- 0.08 lot acres
Current Use by Public Records
- Retail properties
Property Details for 559-561 Old Town Mall
- Year built
- 1920
- Lot size
- 0.08 lot acres
- Property size
- 6,794 SF
- Property type
- Retail properties
- Property subtype
- Office Properties & Spaces
Description
This 6,794 square foot, two-story commercial building, located at 559-561 Old Town Mall in Baltimore, MD, presents a unique value-add opportunity for owner-users or investors. Built in 1920, the property has undergone significant exterior renovations, including a new roof, shoring, and re-pointed brickwork. The interior is ready for build-out, with the seller offering to complete this work as a contractor for the new owner. The building sits on a 0.08-acre lot and is zoned C-2, permitting retail, residential, and office uses. This prime location within Baltimore's Perkins Somerset Oldtown Transformation District offers significant potential. The property is situated in both an Opportunity Zone and an Enterprise Zone, providing additional investment incentives. The first floor encompasses 3,578 square feet, with the remaining space on the second floor. This is a chance to acquire a building at an attractive price and customize the interior to perfectly suit your business needs. The property is classified as Class C.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Baltimore
- County
- Baltimore
- State
- Maryland
- Longitude
- -76.6025
- Latitude
- 39.2968
