For Sale
$828,390

118 Mulberry St Baltimore, MD 21201

Historic District, High Growth Potential

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional mixed-use property, located at 118 W Mulberry St, Baltimore, MD 21201, presents a compelling investment opportunity. The 5,210 square foot building, classified as Class C, is priced at $828,390 ($159/sq ft). Situated in Baltimore's Bromo Art and Entertainment District, it enjoys a prime corner location at Park Ave and W Mulberry St, directly across from new residential complexes. The four-story building features a first-floor commercial space ideal for retail or a showcase business, complemented by high ceilings, large windows throughout, and a rooftop balcony. Its versatile design lends itself to various uses, including creative studios, office space, or multi-family dwellings. The C-5 Downtown zoning allows for extensive reuse, readaptation, or redevelopment. Its proximity to key landmarks like Mercy Hospital, Indigo Hotel, Lexington Market, and UMMS, coupled with excellent walkability and access to major transportation routes (including the new Red Line), ensures high visibility and convenience. This rapidly developing area offers significant potential for future appreciation, making this property an attractive investment for developers, investors, and businesses seeking a vibrant and accessible location. The building's features and location make it suitable for a wide range of uses, from law firms and art galleries to co-working spaces and multi-family residences.

Highlights

  • Prime corner location at Park Ave and W Mulberry St, across from new residential complexes.
  • Four-story, 5,210 sq ft Class C building with first-floor commercial space, high ceilings, large windows, and rooftop balcony.
  • Walkable to Mercy Hospital, Indigo Hotel, Lexington Market, and UMMS, with easy access to major transportation, including the new Red Line.
  • C-5 Downtown zoning allows for diverse reuse, readaptation, or redevelopment options.
  • High growth potential in a rapidly developing area, ideal for mixed-use development, retail, office, or creative studios.

Property Details for 118 Mulberry St

Property type
Retail properties, Office properties
Square Feet
5,210 SF
Class
C

Location Insight

City
Baltimore
County
Baltimore
State
Maryland
Latitude
39.2941742
Longitude
-76.6180526

FAQs

What type of property is this?
Retail property - Historic District, High Growth Potential
Where is the retail property located?
The property is located at 118 Mulberry St Baltimore, MD.
What is the asking price?
The asking price for this property is $828,390.
What are key features of this property?
This property features: Prime corner location at Park Ave and W Mulberry St, across from new residential complexes.; Four-story, 5,210 sq ft Class C building with first-floor commercial space, high ceilings, large windows, and rooftop balcony.; Walkable to Mercy Hospital, Indigo Hotel, Lexington Market, and UMMS, with easy access to major transportation, including the new Red Line.
How can I contact the broker?
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118 Mulberry St
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