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547 Old Town Mall 3,465 SF Retail Building Baltimore, MD 21202 $404,064 CAD ($116.61 CAD/SF)
Investment Highlights
- Value-Add Opportunity for owner-user or investor
- Income in place: 1,725 SF ground-floor retail leased
- Major capital improvements completed: re-pointed brick exterior, new roof, and new HVAC
- 3-story building (1920 construction) with strong historic character
- Upside potential: 1,740 SF on upper two floors gutted and ready for buildout
- Seller flexibility: seller willing to complete interior buildout as contractor
Executive Summary
Value Add Opportunity for an owner-user or investor. The 3-story structure was built in 1920. The first floor of 1,725 square feet is leased to a retail tenant. The two upper floors of 1,740 square feet have been gutted and are ready for new interior construction. The building’s brick exterior has been re-pointed and the roof and HVAC are new. Seller is willing to complete the interior buildout as a contractor for the new owner. This is a chance to purchase your own building at an affordable price and complete the interior design based on your business needs.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,465 SF
Building Class
C
Year Built
1920
Price
$404,064 CAD
Price Per SF
$116.61 CAD
Tenancy
Single
Building Height
3 Stories
Building FAR
1.78
Lot Size
0.04 AC
Opportunity Zone
Yes
Zoning
C-2 - Commercial
Exceptionally walkable
90/100
Fairly drivable
50/100
Strong public transit
80/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 1288-071 | Improvements Assessment | $24,660 CAD |
| Land Assessment | $18,906 CAD | Total Assessment | $43,566 CAD |
Property Taxes
Parcel Number
1288-071
Land Assessment
$18,906 CAD
Improvements Assessment
$24,660 CAD
Total Assessment
$43,566 CAD
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547 Old Town Mall
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