704 Ensor St Baltimore, MD 21202
This exceptional redevelopment opportunity presents a 14,000 square foot, four-story mixed-use building situated on a 0.14-acre lot in Baltimore, Maryland, at 704 Ensor Street, zip code 21202. The property, built in 1900, is zoned I-MU, offering significant flexibility for adaptive reuse. Currently a shell building, it's ideally suited for a creative vision, allowing for the creation of apartment units, creative office spaces, or medical offices – all permitted uses within the existing zoning. The asking price is $775,000, translating to $55.36 per square foot. Its prime location offers unparalleled access to key amenities and transportation. The property is conveniently located near the Old Town Mall and the former Somerset House, a site undergoing a $1 billion redevelopment project. Furthermore, it's within easy reach of downtown Baltimore, Johns Hopkins Hospital, public transportation options, and major roadways including I-83, and is only 22 minutes from Baltimore/Washington International Thurgood Marshall Airport (BWI). This presents a unique chance to capitalize on the revitalization of the area and create a thriving mixed-use development. The entire 14,000 square feet is net rentable. This is a compelling investment opportunity for those seeking a high-impact project in a rapidly developing urban setting.
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Christ Institution Baptist Church Church
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.