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1 E Chase St - The Historic Belvedere Grand Condominium 1,278 SF Office/Medical Condo Unit Offered at $456,428 in Baltimore, MD 21202
INVESTMENT HIGHLIGHTS
- Convenient access to transportation, shopping, and dining options
- Professional property management in place, minimizing owner responsibilities
EXECUTIVE SUMMARY
Well-maintained historic property with modern amenities and infrastructure in a vibrant neighborhood with a thriving business community.
PROPERTY FACTS
| Total Building Size | 212,628 SF | Typical Floor Size | 16,356 SF |
| Property Type | Multifamily (Condo) | Year Built | 1903 |
| Property Subtype | Apartment | Lot Size | 0.58 AC |
| Building Class | B | Parking Ratio | 1.57/1,000 SF |
| Floors | 12 | ||
| Zoning | C-2 - Zoned commercial; well suited for any small/medium business (retail, office, restaurant, etc.) | ||
| Total Building Size | 212,628 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | B |
| Floors | 12 |
| Typical Floor Size | 16,356 SF |
| Year Built | 1903 |
| Lot Size | 0.58 AC |
| Parking Ratio | 1.57/1,000 SF |
| Zoning | C-2 - Zoned commercial; well suited for any small/medium business (retail, office, restaurant, etc.) |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- High Speed Internet Access
- Carpet
SITE AMENITIES
- 24 Hour Access
- Concierge
- Fitness Center
- Property Manager on Site
- Breakfast/Coffee Concierge
- Doorman
- Elevator
- Maintenance on site
1 UNIT AVAILABLE
Unit R3L
| Unit Size | 1,278 SF | Sale Type | Investment or Owner User |
| Price | $456,428 | Cap Rate | 7.00% |
| Price Per SF | $357.14 | NOI | $31,950 |
| Condo Use | Office/Medical |
| Unit Size | 1,278 SF |
| Price | $456,428 |
| Price Per SF | $357.14 |
| Condo Use | Office/Medical |
| Sale Type | Investment or Owner User |
| Cap Rate | 7.00% |
| NOI | $31,950 |
DESCRIPTION
Prime location at the historic Belvedere, a renowned landmark with modern amenities and infrastructure. Condo unit is 1,278 square feet of commercial space with parking garage in building
SALE NOTES
Investment Sale - fully leased condo with 10 year lease to be put in place with established dentist. See flyer attached and contact brokers for more info.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 184 | - | - |
Walk Score®
Walker's Paradise (98)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (87)
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1 E Chase St - The Historic Belvedere Grand Condominium
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