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7 E Franklin St
Baltimore, MD 21202
Retail Property For Sale

Investment Highlights

  • Well-maintained building in the middle of an eclectic area full of restaurants, shops, taverns, and apartments

Property Facts

Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
3,650 SF
Building Class
C
Year Built/Renovated
1900/2004
Tenancy
Multiple
Building Height
3 Stories
Slab To Slab
10’
Building FAR
1.00
Lot Size
0.08 AC
Zoning
C-5HT
Frontage
24’ on E Franklin St

Amenities

  • 24 Hour Access
  • Bus Line
  • Corner Lot
  • Security System
  • Signage
  • Tenant Controlled HVAC
  • Storage Space
  • Air Conditioning

About 7 E FRANKLIN ST , BALTIMORE, MD 21202

Well-maintained building on a high visibility street in the heart of the rapidly developing Mount Vernon Business District. Many of the original architectural details and wood floors intact, but tastefully updated. Hard-to-find ADA access in the front and alley access on the side for delivery. Attic already has HVAC and electric and can easily be finished for more office or residential space. Smaller front rooms on second and third floors have water and drain lines already run for conversion to kitchens. Half bath is already on the third floor with drain for shower/tub. Roof on the back is perfect for a small deck. 41 apartment units across the street and hundreds more within a few blocks, and more on the way. Large landmark building at the corner of Charles and Franklin Streets under contract. Recently completed Mercy Hospital tower one block to the east, and a proposal to redevelop the nearby Sun Paper building in the works. Several of Baltimore's crown jewels rich in architectural significance including the Washington Monument, Baltimore Basilica, Pratt Library Main Branch, Peabody Institute, Walters Art Gallery are all within 2-3 blocks. Short walk to downtown and literally dozens of large redevelopment projects. First floor is currently leased to hair salon through 9/2020. The neighborhood is taking off, and opportunities like this aren't going to last long.

Property Taxes

Property Taxes

Parcel Number
0566-013
Land Assessment
$57,600
Improvements Assessment
$312,500
Total Assessment
$370,100
  • Listing ID: 14534121

  • Date on Market: 12/3/2018

  • Last Updated:

  • Address: 7 E Franklin St, Baltimore, MD 21202

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