536 Old Town Mall Baltimore, MD 21202
- Retail space
- 1,756 SF
- 0.03 lot acres
Current Use by Public Records
- Retail space
Property Details for 536 Old Town Mall
- Year built
- 1900
- Construction
- BRICK
- Lot size
- 0.03 lot acres
- Property size
- 1,756 SF
- Zone code
- C-2
- Property type
- Retail space
- APN
- 05-03-1277 -018
- APU
- 5031277018
Description
This exceptional 1,756 square foot retail townhouse is ideally situated in Baltimore's Oldtown Mall area, presenting a fantastic investment opportunity. Currently vacant, this two-story storefront property offers immediate occupancy for a wide range of retail businesses. The convenient location provides easy access to major traffic arteries, including I-83 and Orleans Street, ensuring high visibility and accessibility for customers. The property's proximity to key attractions such as Johns Hopkins Hospital, Northeast Market, Mercy Medical Center, Patterson Park, and the Inner Harbor enhances its appeal and potential for attracting a diverse clientele. The 0.03-acre lot provides ample space for storefront operations. This property is being offered via online auction, with bidding commencing February 12th, 2025, at 10:00 AM and concluding February 14th, 2025, at 11:50 AM. The list price of $60,000 serves as the suggested opening bid. A $10,000 deposit is required. Don't miss this chance to acquire a valuable retail property in a thriving Baltimore neighborhood.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $65,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $75,000
- 6.5%
- $80,000
- 7%
- $80,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $70,000
- Geo Method
- $80,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $75,000
- Retail
- $65,000
- Mixed-Use
- $80,000
- Hospitality
- $65,000
- Educational
- $70,000
- Residential Income
- $85,000
- Energy
- $65,000
- Income-Based Land
- $85,000
- Food Service
- $70,000
Location Insight
- Map
- Local Demand
- City
- Baltimore
- County
- Baltimore City
- State
- Maryland
- Longitude
- -76.6034
- Latitude
- 39.2969
- CBSA code
- 12580
- CBSA name
- BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA