507-509 Seminary Ct Baltimore, MD 21201
- Retail properties
- 9,105 SF
- 0.33 lot acres
Current Use by Public Records
- Retail properties
Property Details for 507-509 Seminary Ct
- Lot size
- 0.33 lot acres
- Property size
- 9,105 SF
- Property type
- Retail properties
- Property subtype
- Land
Description
This exceptional Baltimore City commercial property presents a unique investment opportunity. The offering encompasses three buildings totaling 9,105 square feet situated on a 0.33-acre lot (14,513 square feet). The property, located at 507-509, 511, 601 Pennsylvania Avenue & 553-557 Seminary Court, Baltimore, MD 21201, consists of two vacant lots and three existing buildings, currently generating $42,000 in annual gross rental income. The buildings are in average condition and include on-site parking. This prime location offers easy access to US Route 40, public transportation, numerous retail establishments, and medical facilities. The property benefits from its proximity to Metro West, a planned 1,085,000-square-foot office complex redevelopment, directly across the street. The property is zoned C-1, Neighborhood Business District, providing flexibility for a variety of commercial uses. Owner financing is available for qualified buyers. This is a rare chance to acquire a substantial commercial property in a rapidly developing area of Baltimore. The five-story buildings offer significant potential for redevelopment or continued rental income. The large lot size provides ample space for expansion or additional development. Don't miss this opportunity to capitalize on the growth potential of this vibrant Baltimore location.
Value Estimations
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AI approach
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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
- -76.6241
- Latitude
- 39.2955
