559-561 Old Town Mall

559-561 Old Town Mall, Baltimore, MD 21202

  • For Sale Subject To Offer
  • Property Type Office - General Office
  • Property Size 6,794 SF
  • Lot Size 0.08 Acre
  • Building Class C
  • Year Built 1920
  • Date Updated Mar 9, 2024
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, retail, large parks, public amenities, and new school. The U.S. Department of Housing and Urban Development's $30 million Choice Neighborhoods Initiative (CNI) grant was awarded in 2018. The massive redo is also supported by a $105 million tax increment financing package, approved in 2020. The massive project is being spearheaded by several developers and public agencies including Henson Development Co., Beatty Development, Cross Street Partners, McCormack Baron Salazar and the Housing Authority of Baltimore City.Value Add Opportunity for an owner-user or investor. The 2-story structure has been fully restored featuring a new roof, new shoring, and re-pointed brick exterior. The building interior is now ready for new subflooring, and new mechanical, electrical and plumbing systems. Seller is willing to complete the interior buildout as a contractor for the new owner. This is a chance to purchase your own building at an affordable price and complete the interior design based on your business needs.

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Attachments

Highlights

  • Value-Add Investment Opportunity For Owner-User or Investor
  • Located in an Opportunity Zone & Enterprise Zone
  • Located in the Perkins Somerset Oldtown Transformation District
  • Retail Building In Shell Condition – Ready for Interior Buildout
  • Total Building Size is 6,794 sf (1st Floor is 3,578 sf)
  • Zoned C-2, allows retail, residential and office uses

Contacts

broker

Leo M. McDermott

Trout Daniel & Associates

(202) 744-6910

Location

Getting Around

  • Walk Score ®

    84/100 Very Walkable

  • Transit Score ®

    98/100 Rider's Paradise

  • Bike Score ®

    80/100 Very Bikeable
Powered by Walk Score ®
  • City Baltimore, MD
  • Neighborhood Oldtown
  • Zip Code 21202
  • Market Baltimore

Points of Interest

  • Johns Hopkins Hospital

    0.45 miles

  • Shot Tower

    0.50 miles

  • Shot Tower/Market Place

    0.51 miles

  • Charles Center

    0.75 miles

  • Centre Street

    0.93 miles

  • Lexington Market

    0.97 miles

  • Baltimore Penn Station

    1.02 miles

  • Lexington Market

    1.02 miles

  • Baltimore Arena

    1.06 miles

  • Cultural Center

    1.07 miles

  • BP

    0.32 miles

  • Sunoco

    0.69 miles

  • Citgo

    0.74 miles

  • Mystik

    0.80 miles

  • BP

    0.88 miles

  • Carroll Motor Fuels

    1.05 miles

  • Gulf

    1.08 miles

  • ChargePoint

    1.14 miles

  • Exxon

    1.15 miles

  • Marathon

    1.17 miles

  • Caroline Street Garage

    0.31 miles

  • McElderry Garage

    0.33 miles

  • Fayette Street Garage

    0.39 miles

  • Fallsway Impound Lot

    0.44 miles

  • Lot C

    0.45 miles

  • Lot B

    0.47 miles

  • Lexington Street Garage

    0.48 miles

  • MAPS Employee Parking

    0.48 miles

  • Lot A

    0.50 miles

  • Church Garage

    0.50 miles

  • Sleep Inn & Suites Downtown Inner Harbor, MD

    0.39 miles

  • Holiday Inn Express

    0.40 miles

  • 1840s Carrollton Inn

    0.57 miles

  • Fairfield Inn & Suites Baltimore Downtown/Inner Harbor

    0.61 miles

  • Residence Inn by Marriott Baltimore at The Johns Hopkins Medical Campus

    0.64 miles

  • Staybridge Suites

    0.68 miles

  • Home2 Suites

    0.69 miles

  • Embassy Suites

    0.71 miles

  • The Ivy Hotel

    0.72 miles

  • Quality Inn

    0.75 miles

  • Burger King

    0.19 miles

  • Golden Star Carry Out

    0.41 miles

  • Bmore Chicken & Grill

    0.41 miles

  • The Dog House

    0.41 miles

  • Sungs Carry Out

    0.42 miles

  • Mama Mia’s

    0.44 miles

  • Popeyes

    0.46 miles

  • Top Round Carry Out

    0.49 miles

  • Silver Moon II

    0.50 miles

  • Dunkin'

    0.53 miles

  • Thomas G Hayes Elementary School

    0.17 miles

  • Paul Laurence Dunbar High School

    0.22 miles

  • Charles Carroll of Carrollton Elementary School

    0.23 miles

  • Paul Laurence Dunbar Middle School

    0.24 miles

  • Institute of Notre Dame

    0.27 miles

  • Saint James School

    0.39 miles

  • McKim's Free School

    0.40 miles

  • Johnston Square Elementary School

    0.47 miles

  • Saint Frances Academy

    0.48 miles

  • Community Initiatives Academy

    0.50 miles

  • All My Children Child Care Center

    0.54 miles

  • Charles Plaza Child Care & Development

    0.73 miles

  • Saint Vincent de Paul Head Start

    0.73 miles

  • Headstart, Harford Elementary School Modular

    1.22 miles

  • Downtown Baltimore Child Care, Inc.

    1.25 miles

  • Bolton Hill Nursery

    1.29 miles

  • Dynamic Deliverance Childcare Center

    1.38 miles

  • Kiddie Academy

    1.91 miles

  • Bright Beginnings

    2.23 miles

  • Homewood Early Learning Center

    2.36 miles

Frequently Asked Questions

What is the total square footage of 559-561 Old Town Mall?

559-561 Old Town Mall totals 6,794 square feet.

When was this property built?

559-561 Old Town Mall was built in 1920.

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Contact Listing Broker

broker

Leo M. McDermott

Trout Daniel & Associates

(202) 744-6910