Prime location and great investment opportunity! 14,000 sqft two level warehouse/flex space that is walking distance to Harbor East, Johns Hopkins, Inner Harbor and Little Italy attractions. Current zoning I-MU. Many potential commercial uses. Perfect for adaptive reuse or total re-development. Authentic 1920's Industrial Character. Very high daily traffic counts surrounding this location. Listing also includes property at 110 S. Eden Street (Tax ID0303021392). Property located in an Opportunity Zone and is in the heart the on going major billion dollar redevelopment project in the neighborhood. Invest now and benefit from this great investment!
According the City’s website, the zoning has now changed to I-MU. It’s a better designation than the previous zoning and it allows a wide variety of uses, including residential now. I-MU: Industrial Mixed-Use Zoning. Primarily for existing industrial buildings and permits both light industrial uses and a variety of nonindustrial uses, such as dwellings, commercial, creating a mixed-use environment. The property is located in an IMU-1, Industrial Mixed Use District. The zoning designation is primarily for existing industrial buildings and permits both light industrial uses and a variety of nonindustrial uses, such as residential, commercial, or institutional creating a mixed-use environment
Here is a link to an article and video of recently about this project with Governor Hogan and you will see in this video a shot of the roof line of the Eden Street property showing that the Eden Street property is right across the street from this new development. https://www.wbaltv.com/article/last-demolition-of-perkins-homes-before-new-construction-begins/37434341
Below and attached are some Baltimore Sun and BBJ articles talking about the new One Billion Dollar redevelopment project for the Perkins Homes Site and the school across the street. This will only benefit this property on Eden Street tremendously. Baltimore City got a $30,000,000 grant to help tear down the Perkins Homes which is a block away from this property. They have already torn down the first section of the old Perkins Homes.
https://www.bizjournals.com/baltimore/news/2020/07/28/perkins-homes-site-to-become-luxury-apartments.html
http://www.baltimoresun.com/news/maryland/baltimore-city/bs-md-ci-choice-neighborhoods-hud-grant-20180719-story.html