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538 Old Town Mall
Baltimore, MD 21202
Retail Property For Sale

EXECUTIVE SUMMARY
Value Add Opportunity for an owner-user or investor. The 3-story structure was built in 1920 and has two staircases and two entrances. The first floor is leased to a child daycare for $2,000/month, plus expenses. The two upper floors have been gutted and are ready for new interior construction. The building’s brick exterior has been re-pointed and the roof is in good shape. Seller is willing to complete the interior buildout as a contractor for the new owner. This is a chance to purchase your own building at an affordable price and complete the interior design based on your business needs.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
6,144 SF
Building Class
C
Year Built
1920
Price
$490,000
Price Per SF
$79.75
Tenancy
Single
Building Height
3 Stories
Building FAR
2.25
Lot Size
0.06 AC
Opportunity Zone
Yes
Zoning
C-2 - Commercial
Frontage
32’ on Old Town Mall
PROPERTY TAXES
| Parcel Number | 1277-019 | Improvements Assessment | $32,300 |
| Land Assessment | $22,800 | Total Assessment | $55,100 |
PROPERTY TAXES
Parcel Number
1277-019
Land Assessment
$22,800
Improvements Assessment
$32,300
Total Assessment
$55,100
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