Big apartment, retail space, 6 parking spaces | 817 N Howard St
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Big apartment, retail space, 6 parking spaces 817 N Howard St
4,595 SF Vacant Retail Building Baltimore, MD 21201 $399,500 ($87/SF) 9% Cap Rate
Investment Highlights
- High-visibility retail space across street from major hospital (Univ. of Maryland Medical Center-Midtown Campus).
- 6 parking spaces.
- New HVAC systems, washer-dryer, lighting fixtures, interior and exterior paint.
- Sun-drenched, huge 3BR apartment steps from Mt. Vernon area's Walters Art Museum, Washington Monument, Mt. Vernon Square.
Executive Summary
Unique investment opportunity: mixed use rowhouse on Baltimore's historic "Antique Row" with six parking spaces! Across street from the University of Maryland Medical Center's Midtown Campus, home to 1,400 employees and 500 physicians. Move-in ready. New HVAC systems, washer/dryer, refreshed parking lot. Caution: seeing this property inspires urge to own it!
*Ground floor retail zoned C-1 (Neighborhood Business District). High-visibility space ideal for restaurant or retail use. Separately metered gas and electric. Previously leased by bookstore, art gallery, tattoo studio.
*2nd + 3rd floor residential. A gorgeous 3-bedroom apartment featuring sun-drenched rooms, spectacular fireplaces, fully equipped kitchen plus washer/dryer, and huge basement for storage. Separately metered gas and electric. New paint inside and out, new light fixtures, new water heater, new water pipes.
*Ground floor retail zoned C-1 (Neighborhood Business District). High-visibility space ideal for restaurant or retail use. Separately metered gas and electric. Previously leased by bookstore, art gallery, tattoo studio.
*2nd + 3rd floor residential. A gorgeous 3-bedroom apartment featuring sun-drenched rooms, spectacular fireplaces, fully equipped kitchen plus washer/dryer, and huge basement for storage. Separately metered gas and electric. New paint inside and out, new light fixtures, new water heater, new water pipes.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
4,595 SF
Building Class
C
Year Built
1900
Price
$399,500
Price Per SF
$87
Cap Rate
9%
NOI
$35,955
Percent Leased
Vacant
Tenancy
Multiple
Building Height
3 Stories
Slab To Slab
10’
Building FAR
1.96
Lot Size
0.05 AC
Zoning
B051 - C-1 (Neighborhood Business District). Examples: day-care, retail store, restaurants, offices, art gallery, community center, place of worship, school.
Parking
6 Spaces (1.31 Spaces per 1,000 SF Leased)
Frontage
17 FT on N Howard St
Amenities
- Tenant Controlled HVAC
- Storage Space
- Smoke Detector
Walk Score ®
Walker's Paradise (98)
Transit Score ®
Rider's Paradise (100)
Bike Score ®
Very Bikeable (85)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 11-09-0509-033 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $206,000 |
PROPERTY TAXES
Parcel Number
11-09-0509-033
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$206,000
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6785 Business Parkway Llc
Big apartment, retail space, 6 parking spaces | 817 N Howard St
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