Listing Summary
Value Add Opportunity for an owner-user or investor. The 3-story structure was built in 1920.
Full Description
High-Potential Value-Add Opportunity: 1,908 SF Mixed-Use Building in Baltimore’s Transformation District
Executive Summary
Unlock the potential of this historic three-story professional building, a premier value-add opportunity perfectly suited for an ambitious owner-user or a strategic investor. Located in the heart of one of Baltimore’s most rapidly evolving neighborhoods, this 1,908-square-foot structure offers a "blank canvas" interior within a structurally sound, historically significant envelope. Built in 1920, the property combines the timeless appeal of a classic brick exterior with the flexibility of a modern shell, ready to be customized into a bespoke corporate headquarters, a retail boutique, or a creative mixed-use space.
Property Specifications & Zoning
| Feature |
Detail |
| Asset Type |
Office / Mixed-Use |
| Sub-Type |
Executive Office / Storefront |
| Total Square Footage |
1,908 SF |
| Floor Breakdown |
1st & 2nd Floors approx. 828 SF each + 3rd Floor |
| Year Built |
1920 |
| Zoning |
C-2 (Commercial - Allows Retail, Office, & Residential) |
| Lot Size |
0.020 Acres |
| Asset Class |
Class C (Value-Add) |
Structural Integrity & Customization Potential
This property is ideal for those who want to avoid the headaches of major exterior repairs while maintaining full creative control over the interior design. The heavy lifting on the building’s "bones" has already been addressed:
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Restored Exterior: The classic brick masonry has been professional re-pointed, ensuring both aesthetic charm and structural longevity.
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Reliable Roofing: The roof is in good condition, providing a weather-tight environment for immediate interior work.
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Second-Generation Retail: The first floor is primed for a second-generation restaurant or retail storefront, offering a head start on plumbing and layout requirements.
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The Upper Levels: The second and third floors are currently in shell condition, awaiting a visionary renovation to transform them into high-end executive offices or luxury urban residential units.
Unique Seller Incentive: To further streamline your project, the seller is a contractor willing to complete the interior buildout to your exact specifications, allowing you to move from purchase to operation with professional ease.
Strategic Location & Economic Incentives
Positioned within the Perkins Somerset Oldtown (PSO) Transformation District, this property is at the epicenter of a massive urban revitalization project. Buyers can leverage significant financial advantages due to its strategic placement:
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Opportunity Zone: Benefit from powerful federal tax incentives designed to encourage long-term investment in the area.
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Enterprise Zone: Access local tax credits and incentives that support business growth and property improvements.
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Future Growth: Being part of the PSO Transformation District ensures that the surrounding infrastructure, housing, and commercial amenities are slated for continued modern upgrades.
Quick Glance
- Listing ID:
CL-Maryland-27544
- Status:
Active
- Year Build:
1920
- Building Size:
1,908 SqFt
- Lot Size:
0.02 Acre