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592 Old Town Mall

$400,000

592 Old Town Mall, Baltimore, Md 21202

Active
Last Updated: 02/11/2025

1,890 sqft

Building Size

765 acres

Lot Area

Details:
Building Size:    1,890 sqft
Lot Area:    765 acres
Year Built:    1920
Zoning:    C-2
Highlights:
  • Roof: Rubber
  • Current Use: Convenience Store
  • Business Type: Convenience Store
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 1000-1200 a month and apartments rent for about 1800/month near by. 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.

Map:
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