568 Old Town Mall,BALTIMORE, MD 21202
BALTIMORE, MD 21202
Description
Rent roll of $15,000 a month once renovated and set up one day is possible. Rare redevelopment opportunity in the heart of historic Old Town Mall, one of Baltimore's most iconic commercial corridors and widely recognized as one of the oldest outdoor shopping malls in the country. Located just minutes from Johns Hopkins, 568 Old Town Mall offers exceptional potential in an area already undergoing major public and private revitalization. This three-level property was formerly a long-standing liquor store and now presents an exciting opportunity for an investor, developer, or owner-user to bring new life to a historic Baltimore address. The property is positioned within a C-1 zoning district, with architectural drawings and permit-set materials showing a proposed mixed-use concept with business use on the ground floor and R-4 residential care facility use on the upper levels. The proposed plans include flexible first-floor space with reception, offices, open space, bath, utility areas, and galley kitchen. The second and third floors are designed for residential care facility use, with multiple bedrooms, bathrooms, laundry areas, and support spaces. The plans also include life-safety elements such as fire sprinkler protection, fire alarm, rated separation, and multiple egress considerations. The property offers front and rear access and may also be purchased with the directly adjacent property, creating an opportunity for an expanded footprint and additional redevelopment possibilities. Old Town Mall is the focus of a major city-supported redevelopment effort aimed at restoring business access, enhancing the streetscape, preserving historic character, and creating a safer, more vibrant community destination. With significant public/private investment and grant funding tied to the area's revitalization, this is a rare chance to be positioned early in a transforming Baltimore corridor. Historic and architectural documentation is available, including CHAP-related materials and permit-set drawings addressing storefront restoration, windows, roofing, interior reconstruction, mechanical, plumbing, electrical, fire alarm, and sprinkler systems. Bring your vision to one of Baltimore's most historic redevelopment corridors and be part of the next chapter of Old Town Mall.
Details
| MLS # | MDBA2221792 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1920 |
| Days On Site | 107 |
| Listing Provided By | Real Broker, LLC | Jared Russell |
Features
| Units | 1 |
|---|---|
| Zoning | C-2 |
| Acreage | 0.04 |
Interior
| Cooling | None |
|---|---|
| Heating Yes / No | Yes |
| Heating | Forced Air |
Exterior
| Construction Materials | Brick |
|---|
Parking
| Garage Yes / No | No |
|---|
Taxes
| Tax Annual Amount | 807 |
|---|
Area Information
| State | MD |
|---|---|
| County | BALTIMORE CITY MD |
| City | BALTIMORE |
| Zip Code | 21202 |
| Area | BALTIMORE CITY MD |
| School District | BALTIMORE CITY PUBLIC SCHOOLS |
| Listing VS Median (in 21202) | |
Price: $200,000 low | high Med: $189,500 On site: 107 low | high Med: 59 | |
Market Activity 21202
Request a showing
Request a showing
Contact
Learn More About This Property
| State | MD |
|---|---|
| County | BALTIMORE CITY MD |
| City | BALTIMORE |
| Zip Code | 21202 |
| Area | BALTIMORE CITY MD |
| School District | BALTIMORE CITY PUBLIC SCHOOLS |
| Listing VS Median (in 21202) | |
Price: $200,000 low | high Med: $189,500 On site: 107 low | high Med: 59 | |