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Sojourner Douglass College 153,477 SF Specialty Building Offered at $12,423,585 CAD in Baltimore, MD 21202
INVESTMENT HIGHLIGHTS
- Last Remaining Major Undeveloped Landmark In Baltimore City • 4 Story — 153,477SF Building — 2.73 Acres (118,918.8/SF)
- 12'(½) Ft - 23' Ft Slab-to-Slab. 15' Ft + Areas ? 2nd Floor (Vertical Hallways & Classrooms) | 4th Floor | Auditorium | Gymnasium
- 80 Existing Marked On-Site Parking Spaces ? Ability To Add 20+ w/Unused Lot (Street Parking Not Accounted For)
- Mixed-Use Nature Allows for ? 100-500 Apartments. Hotel | Life Sciences | Traditional Medical | Education | Retail | Industrial
- Center of $1Billion PSO Transformation Plan ? Next To World Renown John's Hopkins Medical Campus & Hospital
EXECUTIVE SUMMARY
Unique opportunity to acquire one of the few remaining large scale projects in Baltimore. Site is adaptable for a variety of uses and this is great for investors seeking an adaptive re-use or redevelopment that could include market rate residential, affordable housing, corporate housing, office uses, life sciences, and array of auxiliary uses.
• 153,477SF existing building on 2.73 Acres of land. 4 Stories + Basement
• 4 Story portion +/- 92,250 SF
• 2 Story portion +/- 62,250 SF
• 2 Existing Passenger Elevators
• 1 Loading Dock
• 1 Drive-In
• 12 (½) Ft slab-to-slab (Building Majority)
• 15 -18 Ft slab-to-slab (Vertical Hallways/Top Floor/Certain Classrooms)
• 20’ Ft+ slab-to-slab (Auditorium/Gymnasium)
• 10’ Ft slab-to-slab (Cafeteria)
• 7,000 SF Gated green area (Playground currently)
• 3,550 SF Enclosed area (Drive-in/dock area)
• 6,500 SF Cafeteria & Existing Kitchen w/walk-in fright & freezer (4,500SF + 2,000SF)
• 6,000 SF Auditorium (550+ existing seats)
• 3,500 SF Gymnasium
• 30’x24’ (720SF) Avg Classroom Size
• Neighboring property is being converted right now to senior housing and additional construction underway between Sojourner and the Jefferson Appts+The Ella at Somerset etc.
• 153,477SF existing building on 2.73 Acres of land. 4 Stories + Basement
• 4 Story portion +/- 92,250 SF
• 2 Story portion +/- 62,250 SF
• 2 Existing Passenger Elevators
• 1 Loading Dock
• 1 Drive-In
• 12 (½) Ft slab-to-slab (Building Majority)
• 15 -18 Ft slab-to-slab (Vertical Hallways/Top Floor/Certain Classrooms)
• 20’ Ft+ slab-to-slab (Auditorium/Gymnasium)
• 10’ Ft slab-to-slab (Cafeteria)
• 7,000 SF Gated green area (Playground currently)
• 3,550 SF Enclosed area (Drive-in/dock area)
• 6,500 SF Cafeteria & Existing Kitchen w/walk-in fright & freezer (4,500SF + 2,000SF)
• 6,000 SF Auditorium (550+ existing seats)
• 3,500 SF Gymnasium
• 30’x24’ (720SF) Avg Classroom Size
• Neighboring property is being converted right now to senior housing and additional construction underway between Sojourner and the Jefferson Appts+The Ella at Somerset etc.
PROPERTY FACTS
| Price | $12,423,585 CAD | Lot Size | 2.73 AC |
| Price Per SF | $80.95 CAD | Building Size | 153,477 SF |
| Sale Type | Investment | No. Stories | 4 |
| Property Type | Specialty | Year Built | 1923 |
| Property Subtype | Schools | Parking Ratio | 0.52/1,000 SF |
| Building Class | B | Opportunity Zone |
Yes
|
| Zoning | C2 - C2 Zoning | ||
| Price | $12,423,585 CAD |
| Price Per SF | $80.95 CAD |
| Sale Type | Investment |
| Property Type | Specialty |
| Property Subtype | Schools |
| Building Class | B |
| Lot Size | 2.73 AC |
| Building Size | 153,477 SF |
| No. Stories | 4 |
| Year Built | 1923 |
| Parking Ratio | 0.52/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | C2 - C2 Zoning |
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Walk Score®
Very Walkable (87)
Transit Score®
Rider's Paradise (99)
Bike Score®
Very Bikeable (78)
PROPERTY TAXES
| Parcel Number | 1320-001 | Improvements Assessment | $4,012,293 CAD |
| Land Assessment | $1,161,685 CAD | Total Assessment | $5,173,978 CAD |
PROPERTY TAXES
Parcel Number
1320-001
Land Assessment
$1,161,685 CAD
Improvements Assessment
$4,012,293 CAD
Total Assessment
$5,173,978 CAD
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