529 Old Town Mall Baltimore, MD 21202
- Retail space
- 4,453 SF
- 0.04 lot acres
Current Use by Public Records
- Kingdom Elements AMDC / Adult Day Care Center
Property Details for 529 Old Town Mall
- Year built
- 1920
- Construction
- BRICK
- Lot size
- 0.04 lot acres
- Property size
- 4,453 SF
- Zone code
- C-2
- Property type
- Retail space
- APN
- 05-02-1288 -081
- APU
- 5021288081
Description
This 4,453 square foot, three-story commercial building, located at 529 Old Town Mall in Baltimore, MD 21202, presents a compelling value-add opportunity for owner-users or investors. Built in 1920, the property boasts a recently re-pointed brick exterior and a well-maintained roof. The first and second floors (1,725 sq ft each) are currently leased to an adult medical daycare company. The upper two floors have been completely gutted, providing a blank canvas for new interior construction tailored to specific business needs. The seller offers to act as a contractor to complete the interior buildout for the new owner. Situated within an Opportunity Zone and Enterprise Zone, and part of the Perkins Somerset Oldtown Transformation District, this C-2 zoned property allows for retail, residential, and office uses. The 1,725 square foot lot provides ample space. This is a chance to acquire a building at an attractive price point and customize the interior to perfectly suit your business requirements. The building's prime location and flexible zoning make it an ideal investment for those seeking a unique opportunity in a revitalizing area.
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 City
- State
- Maryland
- Longitude
- -76.6033
- Latitude
- 39.2964
- CBSA code
- 12580
- CBSA name
- BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA