547 Old Town Mall

547 Old Town Mall, Baltimore, MD 21202

  • For Sale $295,000
  • Property Type Office - General Office
  • Property Size 3,465 SF
  • Units 1
  • Additional Rent Contact for pricing
  • Building Class C
  • Year Built 1920
  • Date Updated Aug 27, 2024
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, retail, large parks, public amenities, and new school. The U.S. Department of Housing and Urban Development's $30 million Choice Neighborhoods Initiative (CNI) grant was awarded in 2018. The massive redo is also supported by a $105 million tax increment financing package, approved in 2020. The massive project is being spearheaded by several developers and public agencies including Henson Development Co., Beatty Development, Cross Street Partners, McCormack Baron Salazar and the Housing Authority of Baltimore City.Value Add Opportunity for an owner-user or investor. The 3-story structure was built in 1920. The first floor of 1,725 square feet is leased to a retail tenant. The two upper floors of 1,740 square feet have been gutted and are ready for new interior construction. The building’s brick exterior has been re-pointed and the roof and HVAC are new. Seller is willing to complete the interior buildout as a contractor for the new owner. This is a chance to purchase your own building at an affordable price and complete the interior design based on your business needs.

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Attachments

Highlights

  • Value-Add Investment Opportunity For Owner-User or Investor
  • Located in an Opportunity Zone & Enterprise Zone
  • Located in the Perkins Somerset Oldtown Transformation District
  • Retail Building In Shell Condition – Ready for Interior Buildout
  • Total Building Size is 3,465 sf
  • Zoned C-2, allows retail, residential and office uses

Contacts

broker

Leo M. McDermott

Trout Daniel & Associates

Location

Getting Around

  • Walk Score ®

    83/100 Very Walkable

  • Transit Score ®

    98/100 Rider's Paradise

  • Bike Score ®

    81/100 Very Bikeable
Powered by Walk Score ®
  • City Baltimore, MD
  • Neighborhood Oldtown
  • Zip Code 21202
  • Market Baltimore

Points of Interest

  • Johns Hopkins Hospital

    0.49 miles

  • Shot Tower

    0.52 miles

  • Charles Center

    0.72 miles

  • Mount Vernon

    0.89 miles

  • Lexington Market

    0.99 miles

  • Baltimore Penn Station

    1.00 miles

  • Cultural Center

    1.03 miles

  • Baltimore Arena

    1.04 miles

  • State Center

    1.11 miles

  • Mount Royal / MICA

    1.15 miles

  • Marathon

    0.19 miles

  • BP

    0.35 miles

  • US Fuel

    0.38 miles

  • Front Street Fuel Station (Government only)

    0.39 miles

  • Sunoco

    0.73 miles

  • Citgo

    0.78 miles

  • Mystik

    0.82 miles

  • Carroll Motor Fuels

    0.84 miles

  • Gulf

    1.04 miles

  • ChargePoint

    1.11 miles

  • Caroline Street Garage

    0.35 miles

  • McElderry Garage

    0.37 miles

  • Fayette Street Garage

    0.40 miles

  • Fallsway Impound Lot

    0.41 miles

  • Lot C

    0.42 miles

  • Lot B

    0.43 miles

  • MAPS Employee Parking

    0.45 miles

  • Lexington Street Garage

    0.46 miles

  • Lot A

    0.46 miles

  • SP+

    0.48 miles

  • Sleep Inn & Suites

    0.38 miles

  • Holiday Inn Express

    0.38 miles

  • 1840s Carrollton Inn

    0.57 miles

  • Midtown Inn

    0.58 miles

  • Fairfield Inn & Suites Baltimore Downtown/Inner Harbor

    0.61 miles

  • Home2 Suites

    0.65 miles

  • Staybridge Suites

    0.67 miles

  • Residence Inn

    0.67 miles

  • Embassy Suites

    0.68 miles

  • Ulysses

    0.68 miles

  • Burger King

    0.22 miles

  • The Dog House

    0.37 miles

  • Bmore Chicken & Grill

    0.38 miles

  • Golden Star Carry Out

    0.38 miles

  • Sungs Carry Out

    0.39 miles

  • Mama Mia’s

    0.47 miles

  • Dunkin'

    0.49 miles

  • Top Round Carry Out

    0.49 miles

  • Silver Moon II

    0.50 miles

  • Popeyes

    0.50 miles

  • Thomas G Hayes Elementary School

    0.21 miles

  • Charles Carroll of Carrollton Elementary School

    0.26 miles

  • Paul Laurence Dunbar High School

    0.26 miles

  • Paul Laurence Dunbar Middle School

    0.28 miles

  • Institute of Notre Dame

    0.28 miles

  • Saint James School

    0.39 miles

  • McKim's Free School

    0.41 miles

  • Saint Frances Academy

    0.45 miles

  • Johnston Square Elementary School

    0.45 miles

  • Community Initiatives Academy

    0.51 miles

  • All My Children Child Care Center

    0.50 miles

  • Charles Plaza Child Care & Development

    0.70 miles

  • Saint Vincent de Paul Head Start

    0.74 miles

  • Downtown Baltimore Child Care, Inc.

    1.21 miles

  • Dayspring Head Start Harford Heights

    1.23 miles

  • Bolton Hill Nursery

    1.26 miles

  • Dynamic Deliverance Childcare Center

    1.42 miles

  • Play Workz Learning Center

    1.93 miles

  • Kiddie Academy

    1.93 miles

  • The Waverly Early Head Start Center of Goodwill

    1.95 miles

Frequently Asked Questions

How much does 547 Old Town Mall cost?

The space currently listed for sale at 547 Old Town Mall asks for $295,000.

What is the total square footage of 547 Old Town Mall?

547 Old Town Mall totals 3,465 square feet.

When was this property built?

547 Old Town Mall was built in 1920.

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Contact Listing Broker

broker

Leo M. McDermott

Trout Daniel & Associates