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414-416 E Baltimore Street 414-416 E Baltimore St 19 430 pi² Vacant Commerce de détail Immeuble Baltimore, MD 21202 1 585 769 $ CAD (81,61 $ CAD/pi²)

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FAITS SAILLANTS DE L'INVESTISSEMENT

• 5-Level Mixed-Use Property with 19,430 Square Feet of Gross Building Area
• C-5 DC/AU Zoning Permits Multiple Uses Including Retail, Office, & Multifamily
• Located in Baltimore City's Central Business District | 4 Blocks from the Inner Harbor

• Significant Value-Add Opportunity at $59.19/SF | Offered Well Below Replacement Cost
• Open Floor Plans throughout with Ceiling Heights of 9'-17' Across All Levels

RÉSUMÉ DE L'ANNONCE

Feldman Ruel is pleased to offer for sale 414-416 E Baltimore Street, in Baltimore, MD. The subject property is situated four blocks from the Baltimore Inner Harbor and will be delivered vacant. This 19,430-square-foot, five-level (including a finished sublevel) building was most recently occupied by the Two O'clock Club and Club Mula, two bars/nightclubs which occupied the sublevel, first level, and second level. The 3,320-square-foot third level and 3,446-square-foot fourth level have been vacant for years. These levels can be redeveloped into office, multifamily, or an extension of the retail space. The subject property is a blank canvas that a savvy investor or club owner can reimagine and present a new concept to this submarket in a quality location. Each level has an open floor plan which allows for a myriad of uses and configurations.
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. This zoning designation allows for a wide range of uses while promoting a vibrant, pedestrian friendly atmosphere. Residential uses include multifamily, live-work dwellings, and living dwellings above non-residential ground levels. Retail establishments, restaurants, bars, and hotels are all allowable uses under this zoning as well. Entertainment and recreation uses include theaters and performance venues, art galleries, and fitness centers.

FAITS SUR LA PROPRIÉTÉ

Type de vente

Investissement ou propriétaire utilisateur

Type de propriété

Commerce de détail

Sous-type de propriété

Bar

Taille du bâtiment

19 430 pi²

Année de construction

1905

Prix

1 585 769 $ CAD

Prix par pi²

81,61 $ CAD

Pourcentage loué

Vacant

Hauteur du bâtiment

5 étages

Coefficient d’occupation des sols de l’immeuble

4,96

Taille du lot

0,09 AC

Zone de développement économique

Oui

Zonage

C-5 DC/AU - Le district de zonage C-5 DC/AU de la ville de Baltimore est conçu pour favoriser un environnement urbain dense et à usage mixte au cœur du centre-ville de Baltimore.

Façade

39’ sur E Baltimore Street