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Waterlab Studios 817 N Howard St 4,595 SF 100% Leased Retail Building Baltimore, MD 21201 $525,000 ($114.25/SF) 7.94% Cap Rate
Investment Highlights
- Lots of Sunlight
- Nearby Attractions
- Amazing Walk Score
- Architectural Integrity
Executive Summary
Instant cashflow for a historic gem. Building has been updated with roof repairs, new hot water heaters, HVAC, fencing and security cameras. 817 N Howard sits in Antique Row, one of Baltimore's oldest market blocks that housed some of the East Coast's most celebrated antique shops. The building has many of the original architectural features, including wide-plank pinewood floors, split-level stairwell (19th century chamber house style) and arched doorway. Excerpts of 817 N Howard Lineage Report of is available upon request. It includes timelines, notable occupants, historic photos and maps of the district and property. Financials also available upon request.
One block from Light RailLink train. 10 min walk from Baltimore Penn Station (Amtrak, MARC) and 6 min walk from Metro subway.
Antique Row is located inside of Mount Vernon. Mount Vernon has traditionally been on of Baltimore's hippest neighborhoods. Art galleries, studios, museums art institutes and many cafes are steps away, including Walters Museum of Art, The Peabody Institute, and MICA (Maryland Institute College of Art). The neighborhood has recently seen an uptick in owner-occupants who have converted vacant buildings into live/work lofts, studios and chamber houses.
One block from Light RailLink train. 10 min walk from Baltimore Penn Station (Amtrak, MARC) and 6 min walk from Metro subway.
Antique Row is located inside of Mount Vernon. Mount Vernon has traditionally been on of Baltimore's hippest neighborhoods. Art galleries, studios, museums art institutes and many cafes are steps away, including Walters Museum of Art, The Peabody Institute, and MICA (Maryland Institute College of Art). The neighborhood has recently seen an uptick in owner-occupants who have converted vacant buildings into live/work lofts, studios and chamber houses.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Sale Leaseback
Property Type
Retail
Property Subtype
Building Size
4,595 SF
Building Class
C
Year Built/Renovated
1900/2024
Price
$525,000
Price Per SF
$114.25
Cap Rate
7.94%
NOI
$41,700
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.11
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 (1.67 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Courtyard
- Fenced Lot
- Storage Space
- Air Conditioning
- Smoke Detector
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Rais Nation
- Professional, Scientific, and Technical Services
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$9.99
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Lorem Ipsum
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Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Rais Nation | Professional, Scientific, and Technical Services | - | $9.99 | Lorem Ipsum | Jan 0000 |
Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
90/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 0509-033 | Improvements Assessment | $78,800 |
| Land Assessment | $129,200 | Total Assessment | $208,000 |
Property Taxes
Parcel Number
0509-033
Land Assessment
$129,200
Improvements Assessment
$78,800
Total Assessment
$208,000
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Contact the Sale Advisor
Waterlab Studios | 817 N Howard St