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2931 Baker St Baltimore, MD 21216

OFF-MARKET Retail properties & Spaces Google Maps
3,218 SF Built 1922
Estimated value
No estimation on file for this property yet.
Property ID US40-1640267

Property summary

AI-generated overview

This 3-unit multifamily property, located at 2931 Baker St, Baltimore, MD 21216, presents a compelling redevelopment opportunity. The 3-story, 1922-built building, totaling 3,218 square feet on a 0.043-acre lot, is currently vacant and requires renovation. The property is zoned R-6 and features a main level believed to have been used as retail or storefront space, plus two upper-level apartments, each estimated to have two bedrooms and one bathroom. The lower level is an unfinished basement. Conveniently located in West Baltimore's Northwest Community Action area, this property offers easy access to major roadways like W North Ave and is close to Gwynns Falls Park, Leon Day Park, Coppin State University, Mondawmin Mall, and Walbrook Junction Shopping Center. The property is being sold as fee simple, free and clear of all liens, with real estate taxes totaling $921.99. Pre-auction offers are being accepted, with the auction commencing November 20th at 10:00 AM and concluding November 22nd at 11:20 AM. The buyer is responsible for verifying all zoning, permits, and usage information. This is a unique chance to acquire a property with significant potential in a desirable location. The building is framed and in need of substantial renovations.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1922
Total area 3,218 SF
UPID US40-1640267

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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