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559-561 Old Town Mall Baltimore, MD 21202

Baltimore, MD Office Space - Value-Add

Overview

Added:
Dec 11, 2024
Days on market:
127
This 6,794 square foot, two-story commercial building, located at 559-561 Old Town Mall in Baltimore, MD, presents a unique value-add opportunity for owner-users or investors. Built in 1920, the property has undergone significant exterior renovations, including a new roof, shoring, and re-pointed brickwork. The interior is ready for build-out, with the seller offering to complete this work as a contractor for the new owner. The building sits on a 0.08-acre lot and is zoned C-2, permitting retail, residential, and office uses. This prime location within Baltimore's Perkins Somerset Oldtown Transformation District offers significant potential. The property is situated in both an Opportunity Zone and an Enterprise Zone, providing additional investment incentives. The first floor encompasses 3,578 square feet, with the remaining space on the second floor. This is a chance to acquire a building at an attractive price and customize the interior to perfectly suit your business needs. The property is classified as Class C.

Highlights

  • Value-add opportunity for owner-users or investors.
  • Located in an Opportunity Zone and Enterprise Zone.
  • Situated in the Perkins Somerset Oldtown Transformation District.
  • 6,794 SF retail building, shell condition, ready for tenant improvements; 3,578 SF on the first floor.
  • Zoned C-2, allowing retail, residential, and office uses.

Property Details for 559-561 Old Town Mall

Property type
Retail properties, Office properties
Square Feet
6,794 SF
Class
C
Year Built
1920
Stories
2
Lot Size (sq. ft)
3,485 SF

Location Insight

City
Baltimore
County
Baltimore
State
Maryland
Latitude
39.2968248
Longitude
-76.6025261
559-561 Old Town Mall, Baltimore, Maryland

FAQs

What type of property is this?
Retail property - Baltimore, MD Office Space - Value-Add
Where is the retail property located?
The property is located at 559-561 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.; Situated in the Perkins Somerset Oldtown Transformation District.
How can I contact the broker?
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559-561 Old Town Mall
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