$499,000
( $180.27Per Sq Foot )
 $2,679 est/mo Sourced by Back At You

106 N Howard St N , Baltimore, MD 21201

Baltimore, MD 21201

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Description

A highly visible mixed-use building strategically located in the heart of downtown Baltimore. This property offers an exceptional opportunity, boasting prime store-front commercial space complemented by three residential rental units above.The condominiums currently generate a total monthly rent of $2400, while the commercial space has the potential to command $3500 in rental income, positioning it favorably within the local commercial rental market.The commercial space encompasses 1,032 square feet and is equipped with a complete jewelry workshop, along with a convenient half bath. Additionally, the property offers 1,032 square feet of unfinished basement storage. Notably, the sale price includes all jewelry merchandise items, including silver items, watches, and machinery, enhancing the value proposition for prospective buyers.Adjacent to the property, plans are underway for a transformative development project across the street, which is poised to elevate the entire block with the introduction of a wholesale store and condominiums. This significant development is anticipated to have a positive impact on the future value appreciation of the building.We wish to highlight that the seller is motivated and open to negotiations, presenting an opportunity for savvy investors to capitalize on this prime asset.

Details

MLS#MDBA2128314
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1900
Days On Site160
Listing Provided ByKW United | Ibteesam Al slimawy

Features

SQ Feet2,768
ZoningC-5DC
Acreage0.02

Market Activity 21201

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Learn More About This Property

StateMD
CountyBaltimore City
CityBaltimore
Zip Code21201
Community NameNone Available
School DistrictBaltimore City Public Schools
Listing VS Median (in None Available)
Price:
$499,000
low | high
Med:
$350,000
79.859719438878% of Average
SqFt:
2,768
low | high
Med:
1,072
100% of Average
$ / SqFt:
$180
low | high
Med:
$326
31.108485627972% of Average
On Site:
160
low | high
Med:
42.000000
100% of Average
Sourced by Back At You
Listing Updated: September 23, 2024 at 4:53:41 PM PDT