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600 Block North Howard Redevelopment

602 - 612 N Howard St, Baltimore, MD 21201

$1,995,000

76,461 SF | Office

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Office Property For Sale

Price:
$1,995,000
Building Size:
76,461 SF
Price/SF:
$26.09
Property Type:
Office
Property Sub-type:
Office Building
Property Use Type:
Investment
No. Stories:
4
Building Class:
C
Tenancy:
Multiple
Year Built:
1900
Lot Size:
0.57 AC
Zoning Description:
B-4-1, Baltimore
Listing ID
15601913
Last Updated
15 days ago

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Attachments

Highlights

  • Outstanding development opportunity in Baltimore's fast growing West Side
  • Close proximity to Maryland General Hospital, Walters Art Gallery, Hippodrome Theatre, Peabody Conservatory, Balto. School for the Arts, among others
  • Can accomodate office, residential, institutional or mixed-use redevelopment
  • Substantial financial investment in immediate area via Maryland General Hospital's $57MM addition
  • Conceptual plans available for review
  • Priced to sell at $3,250,000, or only $42.51 PSF

Description

Prominent West Side location near Maryland General Hospital, the new GM on MadisonG Apartment development and the University of Maryland. Centre Street Light Rail stop immediately in front of the property.THE OPPORTUNITY Includes fee-simple interest in existing 76,461 gross SF building at 602-610 N Howard Street Includes Exclusive Negotiating Rights to 612 N HowardStreet (4635 gross SF) sujbect to BDC review andapproval Includes fee-simple interest in 614 N Howard Street Multi-family conceptual redevelopment plans availableupon requestdeal Highlights Proximity to Maryland General Hospital, the Walters ArtMuseum, BaltimoreGs Hippodrome Theatre, Antique Row,University of Maryland, Lexington Market, JosephMeyerhoff Symphony Hall, and more Can accommodate office, residential, institutional ormixed-use redevelopment Located close to restaurants, hotels, inns, specialtyshops and bars Convenient access to public transportation; Centre StreetLight Rail stop on the 600 Block of Howard Street andtwo (2) Metro stops within walking distance (State Center& Lexington Market) Prominent West Side location nearMaryland General Hospital, thenew GM on MadisonG

With proximity to Maryland General Hospital, the Walters Art Gallery, and Baltimore's Hippodrome Theatre, this project is positioned for success in any number of ways; office, residential, institutional or mixed-use redevelopment. The property is located within the Baltimore neighborhood of Mt. Vernon, which is situated just north of the downtown business core and the Inner Harbor. Mt. Vernon is home to the Baltimore School for the Performing Arts, the Peabody Conservatory of Music, the University of Baltimore, the University of Baltimore School of Law, the Maryland Club, the Engineers Club, Antique Row, hotels, inns, specialty shops, restaurants & bars. The Pennsylvania Railroad Station (Penn Station) is located just north of the neighborhood. A modern apartment project is planned and under construction on the 700 Block of North Howard Street and Maryland General Hospital has completed a $57,000,000 addition to its campus.

Financial Summary

Debt & Equity Information

  • Actual
  • $14,016

Map of 602 - 612 N Howard St, Baltimore, MD 21201

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Asking Price Index Trends for Baltimore, MD Office For Sale

  Sep 14 vs. 3 mo.
prior
Y-O-Y
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State
$155+0.2%+3.4%
-
Metro
$152+1.6%+1.8%

View Baltimore Market Trends for other property types for sale or lease. Learn more about the chart info.

600 Block North Howard Redevelopment
  • Office
  • $1,995,000
  • 76,461 SF