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Investment Highlights
- 19,430 Square Feet
- C-5 DC/AU Zoning Permits with Multiple Uses
- Central Baltimore Location Blocks From Harbor East, Inner Harbor
Executive Summary
414–416 E Baltimore Street in Baltimore, Maryland is a 19,430-square-foot, five-level historic retail building offered for sale at $875,000, presenting redevelopment opportunity. Originally built in 1905 and formerly occupied by nightlife venues including the Two O’Clock Club and Club Mula, the property is now fully vacant and features open floor plans, ceiling heights up to 17 feet, and striking historic floor-to-ceiling windows.
Located in Central Baltimore, just blocks from Harbor East, the Inner Harbor, and the Central Business District, the asset sits in a high-visibility, transit-rich corridor boasting a Walk Score of 98 and Transit Score of 100. The building lies within an Opportunity Zone, offering potential tax advantages, and is governed by C-5 DC/AU zoning, which supports dense, mixed-use urban development and permits a wide range of uses including retail, restaurants, bars, hotels, multifamily, office, entertainment venues, and live-work configurations.
With its flexible zoning, central location, and significant value-add potential across multiple floors, this property offers investors or owner-users a unique chance to reposition a large downtown structure in one of Baltimore’s most active commercial districts.
Located in Central Baltimore, just blocks from Harbor East, the Inner Harbor, and the Central Business District, the asset sits in a high-visibility, transit-rich corridor boasting a Walk Score of 98 and Transit Score of 100. The building lies within an Opportunity Zone, offering potential tax advantages, and is governed by C-5 DC/AU zoning, which supports dense, mixed-use urban development and permits a wide range of uses including retail, restaurants, bars, hotels, multifamily, office, entertainment venues, and live-work configurations.
With its flexible zoning, central location, and significant value-add potential across multiple floors, this property offers investors or owner-users a unique chance to reposition a large downtown structure in one of Baltimore’s most active commercial districts.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
High Vacancy Property
Property Type
Retail
Property Subtype
Building Size
19,430 SF
Building Class
B
Year Built
1905
Price
$1,193,938 CAD
Price Per SF
$61.45 CAD
Tenancy
Multiple
Building Height
5 Stories
Building FAR
2.95
Lot Size
0.15 AC
Opportunity Zone
Yes
Zoning
C-5 DC/AU - Baltimore City's C-5 DC/AU zoning district is designed to support a dense, mixed-use urban environment in the heart of downtown Baltimore.
Walk Score®
Walker's Paradise (98)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (81)
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $74,081 CAD | |
| Land Assessment | $360,872 CAD | Total Assessment | $1,486,383 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$360,872 CAD
Improvements Assessment
$74,081 CAD
Total Assessment
$1,486,383 CAD
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414-416 E Baltimore St
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