1633 Fleet StBaltimore, MD 21231

Property Details for 1633 Fleet St

Year built

1920

Construction

BRICK

Lot size

0.03 AC

Property size (Sq ft)

2,128 SF

Zone code

C-1

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

02-05-1810 -059

APU

2051810059

Description

This exceptional 2-story, 2,076 square foot retail building presents a unique investment opportunity in the vibrant Fells Point neighborhood of Baltimore City. Situated on a 0.03-acre lot at the intersection of Fleet Street and Broadway, this property boasts unparalleled visibility and foot traffic. Built in 1920 and extensively renovated in 2018, the building offers a single-tenant occupancy of 1,150 square feet, ideal for a variety of retail or office uses. The C-1 zoning allows for flexible commercial applications. Its prime location places it within easy walking distance of the bustling Broadway Market, surrounded by a thriving mix of boutiques, restaurants, and bars that attract both local residents and tourists. The property's excellent street-level visibility on Fleet Street ensures high exposure to potential customers. While there are no elevators, the two-story building offers ample space for a variety of business needs. This is an exceptional chance to acquire a well-maintained, historically significant property in one of Baltimore's most desirable and dynamic neighborhoods. The property's recent renovation ensures modern amenities and functionality, making it a turnkey solution for a discerning business owner.

• CAP approach

  CAP return

  Valuation

  6%

  $458,846

  6.5%

  $423,550

  7%

  $393,297

• Comparable approach

  Method

  Valuation

  Relative Method

  $133,872

  Geo Method

  $133,872

• Alternative Use

  Use

  Valuation

  Residential

  $525,202

  Hospitality

  $481,082

  Educational

  $400,255

  Medical

  $414,020

  Retail

  $622,619

Location Insight

City

Baltimore

County

Baltimore City

State

Maryland

Latitude

39.2844

Longitude

-76.594

CBSA code

12580

CBSA name

BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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