$330,000
$350,000
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12,228 SqFt
SOLD DATE : 01/17/2024
Key Details
Sold Price $330,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 12,228 sqft
Price per Sqft $26
MLS Listing ID MDBA2101682
Sold Date 01/17/24
Originating Board BRIGHT
Year Built 1956
Annual Tax Amount $4,397
Tax Year 2023
Property Description
"Rarely Available" is the name or description of a property that was once a Baltimore City police station and has since been converted into a multi-use building. Based on the information, it appears that the building has been subdivided into one apartment and five retail units. The fact that it is being sold in "as is" condition suggests that the buyer may need to invest in renovations or repairs, depending on the buyers needs. Presently being used as a warehouse.
The property does indeed seem to have many possibilities, given its unique history and combination of residential and retail spaces. Depending on local zoning regulations and the condition of the building, potential uses could include:
Residential redevelopment: Renovating the entire building into apartments or condominiums.
Mixed-use development: Expanding on the existing configuration to accommodate more retail units or office spaces.
Adaptive reuse: Converting the building into a boutique hotel, art gallery, restaurant, or cultural center.
Historic preservation: Restoring and maintaining the building's historical elements while repurposing it for modern use.
Creative office space: Transforming the retail units into creative workspaces for startups, artists, or other businesses.
Community center: Using the building for community events, workshops, or recreational activities.
Before proceeding with any plans for the property, it's important for potential buyers to conduct a thorough inspection and due diligence to assess its condition, zoning regulations, and any potential legal or structural issues. They should also consult with local authorities and professionals to explore the best options for maximizing the property's potential and ensuring it aligns with their investment goals.
Location
State MD
County Baltimore City
Zoning C-2
Interior
Hot Water Other
Heating None
Cooling None
Heat Source None
Exterior
Garage Spaces 6.0
Waterfront N
Water Access N
Roof Type Other
Accessibility None
Parking Type On Street
Total Parking Spaces 6
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Baltimore City Public Schools
Others
Tax ID 0326235730 013
Ownership Other
Special Listing Condition Standard
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Bought with Teresa M DePaola • RE/MAX Solutions
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "