Property summary
This exceptional mixed-use property, located at 118 W Mulberry St, Baltimore, MD 21201, presents a compelling investment opportunity. The 5,210 square foot building, classified as Class C, is priced at $828,390 ($159/sq ft). Situated in Baltimore's Bromo Art and Entertainment District, it enjoys a prime corner location at Park Ave and W Mulberry St, directly across from new residential complexes. The four-story building features a first-floor commercial space ideal for retail or a showcase business, complemented by high ceilings, large windows throughout, and a rooftop balcony. Its versatile design lends itself to various uses, including creative studios, office space, or multi-family dwellings. The C-5 Downtown zoning allows for extensive reuse, readaptation, or redevelopment. Its proximity to key landmarks like Mercy Hospital, Indigo Hotel, Lexington Market, and UMMS, coupled with excellent walkability and access to major transportation routes (including the new Red Line), ensures high visibility and convenience. This rapidly developing area offers significant potential for future appreciation, making this property an attractive investment for developers, investors, and businesses seeking a vibrant and accessible location. The building's features and location make it suitable for a wide range of uses, from law firms and art galleries to co-working spaces and multi-family residences.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
C-5HT · Baltimore, MDZoning
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Zoning designation
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The district profile from the municipal source: what is on file for C-5HT in Baltimore, MD.
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