Baltimore CBD Opportunity Zone Redevelopment 219-225 E Baltimore St
33,000 SF 81% Leased Retail Building Baltimore, MD 21202 For Sale
INVESTMENT HIGHLIGHTS
- Value-add redevelopment opportunity totaling 33,000 square feet in Downtown Baltimore's CBD with eligibility for federal and local tax incentives.
- Immense redevelopment potential – the storefronts can be altered or combined, and the top three levels can be redeveloped into 17 multifamily units.
- 219-225 E Baltimore Street is located just minutes from the Inner Harbor, US Highway 40, and the Interstate 83 interchange.
- Offering highly visible signage options, easy accessibility, and visibility to over 15,000 vehicles traveling along E Baltimore and S Calvert Streets.
- Over 22,000 businesses with more than 225,000 employees reside within a 3-mile radius of 219-225 E Baltimore Street.
EXECUTIVE SUMMARY
Value-add redevelopment opportunity totaling 33,000 square feet in Downtown Baltimore's CBD with eligibility for federal and local tax incentives. Offering highly visible signage options, easy accessibility, and visibility to over 15,000 vehicles traveling along E Baltimore and S Calvert Streets.
DATA ROOM Click Here to Access
- Offering Memorandum
- Construction Details
- Operating and Financials
- Purchase Agreement
- Third Party Reports
- Title and Insurance
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
33,000 SF
Building Class
C
Year Built
1910
Percent Leased
81%
Tenancy
Multiple
Building Height
4 Stories
Building FAR
4.46
Lot Size
0.17 AC
Opportunity Zone
Yes
Zoning
C-5TO - a zoning district for downtown traditional offices.
Parking
5 Spaces (0.15 Spaces per 1,000 SF Leased)
Frontage
50’ on baltimore St
AMENITIES
- Bus Line
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
Retail development site in the central business district.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 1,300-6,400 SF | Retail | In-Line | Now |
1st Floor
| Size |
| 1,300-6,400 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
Walk Score®
Walker's Paradise (98)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (82)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 0650-009 | Improvements Assessment | $596,200 |
| Land Assessment | $372,400 | Total Assessment | $968,600 |
