801 Key HwyBaltimore, MD 21230

Property Details for 801 Key Hwy

Year built

1958

Lot size

0.68 AC

Property size (Sq ft)

73,410 SF

Zone code

C-2*

Property type

Industrial properties

Property subtype

Other industrial properties

APN

24-13-1922 -001

APU

24131922001

Description

This exceptional waterfront property, located at 801 Key Hwy in Baltimore, MD 21230, presents a unique investment opportunity. The Inner Harbor West Marina, situated within the prestigious Ritz-Carlton development, boasts a total of 18 boat slips (with potential for more, as some larger slips could be subdivided), plus two jet ski docks. The marina also includes a 921 square foot ground floor office condo, currently leased and generating income through 2027. Slip sizes vary, including one 100-foot slip (potentially two), one 90-foot slip (potentially two), four 50-foot slips, six 40-foot slips, three 35-foot slips, and one 30-foot slip. The asking price has been significantly reduced to $579,000. This offering represents a compelling chance to acquire a well-established marina in a prime Baltimore location, benefiting from both rental income and the potential for further development or expansion. The property's location within the Ritz-Carlton development ensures high visibility and access to a desirable clientele. Note that this listing is for the Inner Harbor West Marina only

• Alternative Use

  Use

  Valuation

  Residential

  $18,117,994

  Hospitality

  $16,595,984

  Educational

  $13,807,664

  Medical

  $14,282,531

  Retail

  $21,478,588

Location Insight

City

Baltimore

County

Baltimore City

State

Maryland

Latitude

39.2805

Longitude

-76.606

CBSA code

12580

CBSA name

BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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