Get new listings emailed daily! JOIN SIGN IN
Nancy Mizelle
REALTOR®

311 W Baltimore Street, Baltimore, MD 21201

$4,500,000
  • Main Photo

65 Photos

ACTIVE
BEDS0 BATHS MLS#MDBA2060854
STATUSACTIVE PROPERTY TYPECommercial - SUBDIVISIONDOWNTOWN SCHOOLBALTIMORE CITY PUBLIC SCHOOLS

Property Description

Insane Opportunity for 8% Cap Rate! Never Meant to Be Sold. Owner Re-Built to Last for a Lifetime. Now, Liquidating Portfolio and Must Sell! Pre-Construction Appraisal at 6.3M and Now Offered at 4.5M! Rare Combination of Cash Flow, Immediate Equity and Renovated, Turn Key Condition. Building was taken down to its Reinforced Concrete Frame and the Rebuilt in 2016. 5 Story Atrium was added maximizing Natural Light to all Apartments. All Systems are New including 240 Volt 1600 AMP 3 Phase Electric, Plumbing throughout, Heat Pumps, Plumbing and Elevator with Battery Back Up. 100% LEAD FREE Inside and Out, ABSESTOS FREE and ADA Compliant! Incredibly Rare 20 Year Thermoplastic Polyelfin (TPO) Synthetic Roof with the Firestone Manufacture Warranty good through 2036. ISO Exterior Roof Insulation – allows exposed beams in elevated 5th Floor Ceilings. Garage ductwork with automatic CO2 detection and ventilation system. Fire Alarm and Sprinkler Systems. Vaults under the sidewalk reinforced with massive steal metal work. Wide Hallways with Rows of Windows letting in Natural Light and Motion Sensing Electricity Saving Lightbulbs. Concrete, Damage Proof Staircases, Wide landings with Original Hardwood Floors, Salvaged Historic Metal Panels, 100k in Ornamental Ironwork on Windows alone and Hallways of Acid Washed Exposed Brick Walls. The apartment designs defied the standards of maximizing the number of units and instead maximized space, comfort and desirability of each residence. Loft feel with 10ft – 16ft high ceilings, Real Hardwood Floors throughout, Exposed Brick Accent Walls, Metal Doors, Double Wide Bedroom Closets, Large almost floor to Ceiling Windows and Full Size Washers and Dryers in Every Unit. Kitchens boast Solid Wood Cabinets, Brazilin Granite Counters, SS Appliances, Islands and Flow into Large Open Living Rooms. Bathrooms are Calcatta Mable with Black Granite Stars and Inlays. See Floor Plans and link to 3D Virtual Tours. The 1BD Apartments are approximately 875 sq. ft. 8’9”x 9’8” bathrooms, 14’3”x 12’7” Bedrooms 27’6” x 16’9” Open Kitchen and Dining Area. 2BD 2BA Apartments are approximately 1,336 sq. ft. with even larger living spaces. These units are of a totally different quality then other buildings with pigeon whole apartments with inferior finishes and the Rental Income Proves It! Attract Great Tenants and Enjoy High Rent, Low Turn Over and Minimal Maintenance. Seller has Used Lower Level 2,500 sq. ft. Retail Space and Basement Storage for Seller’s Office and Storage and will Sign New 1 Year Lease for Retail Space with Buyer to Facilitate Financing. Options abound for an Ideal Future tenant. Wallgreens, 7/11, McDonalds, M&T Bank and a dozen restaurants are within 2 blocks. Incredible Downtown Location half a block from the Hippodrome and Royal Farm Arena and Blocks from Camden Yards, University of MD Medical Center and the Inner Harbor Waterfront. Gain Additional Income from the 11 Garage Parking Spaces and 10 Storage Units. All Documents Uploaded. Schedule Your Private Tour Today!

311 W Baltimore Street | MLS# MDBA2060854

This commercial property located at 311 W Baltimore Street, Baltimore, MD 21201 is currently listed for sale with an asking price of $4,500,000. W Baltimore Street is located within the BALTIMORE CITY PUBLIC SCHOOLS school district. Search Baltimore real estate on www.nancymizelle.com today.

Property Features

Property Type: Commercial -
Cooling: Heat Pump(s)
Fuel Type: Electric
Heating: Central, Forced Air, Heat Pump(s)
Lot Size: 0.13 Acres
Roof Type: Composite, Rubber
Taxes: $55,042
Year Built: 1907

Feature Descriptions

Accessibility: 48"+ Halls, Elevator
Days on Site: 64
Electric: 200+ Amp Service, 120/240V, 3 Phases
Exterior: Brick, Concrete
Flooring: Hardwood, Ceramic Tile, Marble
Location: Downtown
Lot Dimensions: 0.13 Acre(S)
Municipality: Baltimore City
Parking Notes: Private
Sewer: Public Sewer
Special View Info: City
Units: 1
Water: Public

Local Schools

School District: BALTIMORE CITY PUBLIC SCHOOLS

Listed By / Shown By

Listed By

Agency Name: ExecuHome Realty
Agency Phone: 4436323000

Shown By

Agent Name: Nancy Mizelle
Agent Phone:
Agency Title: Nancy Mizelle, Realtor

IDX logo

Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 12/07/2022. The listing information on this page last changed on 12/07/2022. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Bright MLS (last updated Wed 12/07/2022 6:44:06 AM EST). Real estate listings held by brokerage firms other than Nancy Mizelle, Realtor may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved. --

Privacy Policy / DMCA Notice / ADA Accessibility

Login to My Homefinder

Login to My Homefinder