Property summary
This 1,365 square foot vacant storefront, located at 225 W Mulberry St in Baltimore, MD 21201, presents a compelling redevelopment opportunity. The three-story building, constructed in 1900, sits on a 688 square foot lot (15x41.6 ft) and is currently available for purchase at an asking price of $75,000. The property is classified as Class D and is sold free and clear of all liens, subject to a nominal annual ground rent of $0.01. The property is vacant, offering immediate potential for renovation and repurposing. Its prime downtown location provides easy access to major traffic arteries like W Baltimore St and Saint Paul St, and proximity to key attractions including Lexington Market, University of Maryland Medical Center, Oriole Park at Camden Yards, M&T Bank Stadium, and the Baltimore Convention Center. Annual real estate taxes are $1,467.92. Please note that the property requires renovations and buyers are responsible for verifying all zoning, permits, licenses, and usage independently. This is a pre-auction offering, with the auction beginning November 13th at 10:00 AM and ending November 15th at 11:00 AM.
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-5HS · Baltimore, MDZoning
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Zoning designation
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