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William Mercogliano III

themercteam@gmail.com +1(856) 472-9836

Listed by Kevia Moore • Cummings & Co. Realtors

$640,000

Est. payment - /mo

1,630 Sqft Lot

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UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID MDBA2186604

Year Built 1920

Available Date 2025-10-31

Annual Tax Amount $9,280

Tax Year 2024

Lot Size 1,630 Sqft

Acres 0.04

Property Sub-Type Mixed Use

Source BRIGHT

Property Description

***Price Improvement & Lease Update!
Exceptional Investment Opportunity in Downtown Baltimore's Enterprise Zone Strategically located in the heart of Downtown Baltimore, this fully leased mixed-use property is just three blocks from the CFG Bank Arena and the Baltimore Convention Center, with immediate access to I-295, I-95, and the Baltimore Tunnels. Surrounded by premier dining, shopping, and entertainment, this location offers strong long-term rental demand. Property Highlights: 1,630 sqft Commercial Space (Main Level) that is currently leased at $2,300/month for five years. 2nd and 3rd Floor residential units 1,200 sqft is leased at $1,750/month. Both residential units tenant-occupied has a one-year leases in place. Located within the Enterprise Zonthis income producing asset with all units fully leased delivers immediate and stable rental income in a prime downtown corridor. Perfect for investors seeking a turnkey, cash-flowing asset in one of Baltimore's most dynamic commercial districts.

Location

State MD

County Baltimore City

Zoning C-5HT

Interior

Hot Water Electric

Heating Forced Air

Cooling Central A/C

Heat Source Electric

Exterior

Utilities Available Electric Available

Water Access N

Accessibility None

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Baltimore City Public Schools

Others

Tax ID 0304100599 025

Ownership Fee Simple

Security Features Carbon Monoxide Detector(s),Fire Detection System,Smoke Detector,Monitored

Acceptable Financing Cash, Conventional, Private

Listing Terms Cash, Conventional, Private

Financing Cash,Conventional,Private

Special Listing Condition Standard

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Nearby School & Business

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William Mercogliano III

+1(856) 472-9836

Broker Associate License ID: 0893537

222 N LIBERTY ST Baltimore, MD 21201

William Mercogliano III

Key Details

Location

Interior

Exterior

Building

Schools

Others

Nearby School & Business

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