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Property profile & analytics
OFF-MARKET
Medical Office Space

704 Ensor St Baltimore, MD 21202

14,000 SF 0.14 ac lot Built 1900
Property ID
US40-0851012
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Medical Office Space
Year built 1900
Total area 14,000 SF
Lot 0.14 ac (6,098 SF)
UPID US40-0851012
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Christ Institution Baptist Church Church
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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