$2,800,000
Active
52 Days Online
0 Beds8 Baths0 SQFT
Active

419 E Oliver Street Baltimore, MD 21202

View all 3 Photos
Static map
Map

Rarely available square footage in Baltimore's Station North Art's and Entertainment District. This approx 48, 000 sf building has exceptionally versatile mixed use IMU-1 zoning and is located in the 2003 Greenmount West Planned Urban Development (PUD). Allowable uses are extensive and range from multi-family, industrial, office, and retail to specialty uses like medical, laboratory, institutional, education, and urban agriculture to name a few. The building consists of 4 stories. The building is served by a center stairwell and freight elevator serving each unit. 2 Additional shafts exist for the potential of lifts. Each floor consists of two 5, 000 SF +/- units for a total of 8 units. Additional unit(s) could possibly be added to the lower level. The last use of the building was 6 Multi-Family Live-Work Artist Lofts and collaborative space, 1 large common collaboration unit on the first floor, and 1 first floor unit serving as a parking garage. The property also has a gated storage yard, 2 drive in bays, and 1 loading dock. The building has solid constriction consisting of steel, concrete, brick, and block. window openings, while currently covered by pebble board, are expansive offering a flood of natural light into the building on all sides, and are large enough for the hoisting of furniture and goods. This offering is a short walk from Penn Station, bringing approx 3M commuters per year through the neighborhood and a migration of DC Metro Area workers taking advantage of capital beltway wages and affordable Baltimore living through MARC Train commuting. This creates opportunity to answer the current housing shortage in a value-add property in a neighborhood on the up-swing that is heavy on tax, employment, and financial incentives. Anywhere from 30-50 residential units or more could be possible depending on the unit mix and bedroom count. For the investor looking for a buy-and-hold with minimal relative capital improvements needed: eight 5K sf self-contained units could offer an answer to the neighborhood's shortage of available industrial and retail space for small users, and still create a lucrative gross yearly income. Showings and additional non-public information require proof of wherewithal, Non Disclosure Agreement, and Site Access Waiver. All tours must be accompanied by the Lister.

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyBaltimore City
  • Taxes$18,735
  • HOA/Condo/Coop Fees$0
  • Days on Site52 Days
  • MLS StatusActive
  • MLS ID NumberMDBA2097618
  • Home Size Source Estimated
  • Year Built1920
  • Lot Size0.36 Acres
  • Full BathsN/A
  • Partial BathsN/A

Sell your house quickly!

Get multiple potential cash offers for your home. Fast and hassle-free!

Learn More

Recent Activity For 419 E Oliver Street Baltimore, MD 21202

3 weeks ago
2 months ago

Don't miss a thing!

Get updates on new activity for this listing

General Features

  • Construction BrickBlockConcrete
  • Parking Private GarageOn Street
  • Sewer Public Sewer
  • Acreage 0.36
  • Water Public
  • Zoning IMU-1
  • Property Sub Type Multi Family
  • Attached Garage No

Interior Features

  • Cooling OtherElectric
  • Heating Forced AirOtherNatural Gas

Exterior Features

  • Spa No
  • Waterfront Property No

Schools

School District
BALTIMORE CITY PUBLIC SCHOOLS
Elementary School
Unknown
Middle School
Unknown
High School
Unknown

Mortgage Calculator

Monthly Payment (Est.)

$13,894
Copyright ©2024 Information is deemed reliable but not guaranteed.

Listings Nearby 419 E Oliver Street Baltimore, MD 21202