Property summary
This three-story end-of-group storefront building is located in the Federal Hill area of South Baltimore on a lot of approximately 0.05 acres, totaling 5,247 square feet. The first floor and basement were historically used as an optometry facility, while the upper levels have been used as three apartment units for more than 30 years. The property is positioned along a roadway with approximately 10,000 vehicles per day AADT and experiences substantial pedestrian, bicycle, and scooter traffic. It is configured for mixed-use, with potential for retail use on the ground level and residential rental income from the apartments.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
ermitted and Conditional Uses Table 9-401 Rowhouse and Multi-Family Residential Districts - Bulk and Yard Regulations Table 10-301 Commercial Districts - Permitted and Conditional Uses Table 10-401 Commercial Districts (…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
C-1 · Baltimore, MDermitted and Conditional Uses Table 9-401 Rowhouse and Multi-Family Residential Districts - Bulk and Yard Regulations Table 10-301 Commercial Districts - Permitted and Conditional Uses Table 10-401 Commercial Districts (…
Zoning
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Zoning designation
Official district profile
ermitted and Conditional Uses Table 9-401 Rowhouse and Multi-Family Residential Districts - Bulk and Yard Regulations Table 10-301 Commercial Districts - Permitted and Conditional Uses Table 10-401 Commercial Districts (…
What can be built and operated here — officially.
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