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529 Old Town Mall Baltimore, MD 21202

Baltimore Office Building - Value-Add Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
132
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.

Highlights

  • Value-add opportunity for owner-users or investors.
  • Located in an Opportunity Zone and Enterprise Zone, within the Perkins Somerset Oldtown Transformation District.
  • 4,453 square foot, three-story building; first and second floors (1,725 sq ft each) currently leased; upper floors are ready for build-out.
  • C-2 zoning allows retail, residential, and office uses.
  • Seller will act as contractor for interior build-out.
  • 1,725 square foot lot.

Property Details for 529 Old Town Mall

Property type
Retail properties, Office properties
Square Feet
4,453 SF
Class
C
Year Built
1920

Location Insight

City
Baltimore
County
Baltimore
State
Maryland
Latitude
39.29645
Longitude
-76.6032879

FAQs

What type of property is this?
Retail property - Baltimore Office Building - Value-Add Opportunity
Where is the retail property located?
The property is located at 529 Old Town Mall Baltimore, MD.
What are key features of this property?
This property features: Value-add opportunity for owner-users or investors.; Located in an Opportunity Zone and Enterprise Zone, within the Perkins Somerset Oldtown Transformation District.; 4,453 square foot, three-story building; first and second floors (1,725 sq ft each) currently leased; upper floors are ready for build-out.
How can I contact the broker?
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529 Old Town Mall
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