554 Old Town Mall Baltimore, MD 21202
- Retail space
- 2,522 SF
- 0.04 lot acres
Current Use by Public Records
- Selfie Space Baltimore / Recording Studio / Photography Studio
- Silver Gorilla Apparel Media Music LLC / Haute Couture Fashion House
- ReSol Apparel / Clothing Store
Property Details for 554 Old Town Mall
- Year built
- 1920
- Construction
- BRICK
- Lot size
- 0.04 lot acres
- Property size
- 2,522 SF
- Zone code
- C-2
- Property type
- Retail space
- APN
- 05-03-1277 -028
- APU
- 5031277028
Description
This exceptional 2,522-square-foot executive office building presents a compelling value-add opportunity for both owner-users and investors. Situated at 554 Old Town Mall in Baltimore, Maryland, zip code 21202, this Class C property boasts a prime location within the Perkins Somerset Oldtown Transformation District, benefiting from its designation as both an Opportunity Zone and an Enterprise Zone. Constructed in 1920, the building has undergone a complete renovation, featuring new mechanical, electrical, and plumbing systems. The exterior brickwork has been expertly re-pointed, and the roof is in excellent condition. Currently in shell condition, this two-story structure offers a blank canvas for interior build-out, allowing for complete customization to suit specific business needs. The C-2 zoning permits a versatile range of uses, including retail, residential, and office spaces, maximizing potential returns. The asking price is $300,000, representing an attractive investment opportunity in a rapidly developing area. This property offers a unique chance to acquire a building at an affordable price and create a space perfectly tailored to your business requirements.
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
- -76.603
- Latitude
- 39.2972
- CBSA code
- 12580
- CBSA name
- BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA
