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Kevin Heselbach

[email protected] +1(301) 501-2463

$ 350,000

Est. payment -/mo

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Price Dropped by $50K

592 OLD TOWN MALL Baltimore, MD 21202

1,890 SqFt

UPDATED:

02/17/2025 02:45 PM

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 1,890 sqft

Price per Sqft $185

MLS Listing ID MDBA2155734

Originating Board BRIGHT

Year Built 1920

Annual Tax Amount $1,043

Tax Year 2024

Lot Size 765 Sqft

Acres 0.02

Property Sub-Type Mixed Use

Property Description

Value Opportunity for an owner-user or investor this renovated mixed-use building is ready for a new owner. Perfect if you have always wanted to start a business, and rent an apartment in the area to make the switch for cheaper than buying a home. Or for an investor looking to start cash flowing, nearby storefronts of similar sizes rent for 1500 a month and apartments rent for about 2000/month nearby. The 3-story structure was built in 1920. The first floor is a storefront whose current use is a convenience store but there is a possibility for other uses. The two upper floors have been fitted for a 3 bed 2 bath apartment, Located in the Perkins Somerset Oldtown Transformation District, a $1.1 billion redevelopment plan to convert over 244 urban acres into a modern community with 1,360 units of mixed-income housing get in before prices skyrocket. The owner is willing to finish some of the repairs with the right offer.

Location

State MD

County Baltimore City

Zoning C-2

Interior

Hot Water Electric

Heating Forced Air

Cooling Central A/C

Flooring Luxury Vinyl Plank, Other

Heat Source Electric

Exterior

Water Access N

Roof Type Rubber

Accessibility None

Road Frontage City/County

Garage N

Building

Foundation Crawl Space

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Baltimore City Public Schools

Others

Tax ID 0305031277 048

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Bank Portfolio, Contract, Negotiable, Private, Other

Listing Terms Cash, Bank Portfolio, Contract, Negotiable, Private, Other

Financing Cash,Bank Portfolio,Contract,Negotiable,Private,Other

Special Listing Condition Standard

Listed by Carlos Contreras • Caprika Realty

Kevin Heselbach

Associate Broker | License ID: 603734

+1(301) 501-2463

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