529 Old Town Mall Baltimore, MD 21202
For Sale
1 / 4
Property summary
This 4,453 square foot, three-story commercial building, located at 529 Old Town Mall in Baltimore, MD 21202, presents a compelling value-add opportunity for owner-users or investors. Built in 1920, the property boasts a recently re-pointed brick exterior and a well-maintained roof. The first and second floors (1,725 sq ft each) are currently leased to an adult medical daycare company. The upper two floors have been completely gutted, providing a blank canvas for new interior construction tailored to specific business needs. The seller offers to act as a contractor to complete the interior buildout for the new owner. Situated within an Opportunity Zone and Enterprise Zone, and part of the Perkins Somerset Oldtown Transformation District, this C-2 zoned property allows for retail, residential, and office uses. The 1,725 square foot lot provides ample space. This is a chance to acquire a building at an attractive price point and customize the interior to perfectly suit your business requirements. The building's prime location and flexible zoning make it an ideal investment for those seeking a unique opportunity in a revitalizing area.
Property profile
VerifiedCap rate & NOI
Current use
-
Adult Day Care
Value estimations
Owner & transaction history
Zoning & alternative use
01 Commercial Districts (C-1 to C-4) - Bulk and Yard Regulations Baltimore City Code Table 10-401 Commercial Districts (C-1 to C-4) - Bulk and Yard Regulations Categories Specifications (Per District) C-1 C-1-VC 1 C-1-E…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
C-2 · Baltimore, MD01 Commercial Districts (C-1 to C-4) - Bulk and Yard Regulations Baltimore City Code Table 10-401 Commercial Districts (C-1 to C-4) - Bulk and Yard Regulations Categories Specifications (Per District) C-1 C-1-VC 1 C-1-E…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C-2 in Baltimore, MD.
Registration is required before the official district profile is shown.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.