538 Old Town MallBaltimore, MD 21202

Property Details for 538 Old Town Mall

Year built

1920

Construction

BRICK

Lot size

0.07 AC

Property size (Sq ft)

6,144 SF

Zone code

C-2

Property type

Retail space

APN

05-03-1277 -019

APU

5031277019

Description

This 6,144 square foot, three-story retail building located at 538 Old Town Mall in Baltimore, MD 21202 presents a compelling value-add opportunity for owner-users or investors. Built in 1920, the property features a recently re-pointed brick exterior and a well-maintained roof. The building boasts two staircases and two entrances for convenient access. Currently, the first floor is leased to a childcare center for $2,000 per month plus expenses. The upper two floors have been completely gutted, providing a blank canvas for new interior construction tailored to the buyer's specific needs. The seller is even willing to act as a contractor to complete the interior buildout for the new owner. This property is situated within an Opportunity Zone and Enterprise Zone, and is part of the Perkins Somerset Oldtown Transformation District. The C-2 zoning allows for a variety of uses, including retail, residential, and office spaces, offering significant flexibility for future development. The asking price is $490,000. This is a rare chance to acquire a building in a prime location at an affordable price, allowing for complete customization to suit your business requirements.

Location Insight

City

Baltimore

County

Baltimore City

State

Maryland

Latitude

39.297

Longitude

-76.6033

CBSA code

12580

CBSA name

BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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