$550,000

1184 NANTICOKE ST, Baltimore, MD 21230

  • Property Icon other
  • Property Year Built Icon Built in 1898
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 21 days ago

Property Description

Discover an exceptional investment opportunity in the heart of the Pigtown Historic District! This charming commercial property, built in 1898 and effectively renovated in 2022, offers a unique blend of historic character and modern functionality, making it a prime candidate for savvy investors looking to get in early on a growing and vibrant neighborhood. The recent major renovations have transformed this property into a versatile space that can accommodate a variety of business ventures. The building not only exudes timeless appeal but also promises durability and low maintenance costs. The renovations have enhanced the property's aesthetic and functional aspects, ensuring it meets the needs of today's businesses while preserving its historic charm. Strategically located less than .5 miles from M&T Bank Stadium, Oriole Park at Camden Yards, the Horseshoe Casino, multiple breweries and a number of planned venues. This property boasts excellent accessibility, making it an attractive option for both customers and employees. The surrounding area is experiencing revitalization, with new businesses and developments emerging, which bodes well for future appreciation in property value. Investors can extend the current lease by exercising the existing 5-year option, establish a new lease with a new tenant, or choose to develop the building into a larger mixed-use investment. If the 2nd option is selected, expect strong rental demand, driven by the influx of residents and businesses seeking to establish themselves in this dynamic community. The absence of an association fee means that your investment remains cost-effective, allowing for greater flexibility in managing expenses and maximizing returns. The on-street parking provides convenience for visitors, enhancing the property's appeal to potential tenants or customers. Imagine the possibilities: whether you envision a trendy retail space, a cozy café, or a professional office, this property can adapt to your vision. The historic district ambiance adds a unique selling point that can attract clientele looking for an authentic experience. Investing in this property not only secures a piece of history but also positions you at the forefront of a thriving market. With the recent renovations, you can step into a space that is ready for immediate use, minimizing downtime and maximizing your return on investment. Don't miss out on this rare opportunity to own a piece of the Pigtown Historic District. With its strategic location, modern upgrades, and potential for growth, this property is poised to deliver significant returns for the discerning investor. Seize the moment and make this investment your next success story!

Listing Status:
Active
Listing Office:
Keller Williams Capital Properties : 2022437700
Listing Agent:
Quinton G Campbell : 4049313311
MLS ID:
MDBA2193194
  • A/C: Central A/C
  • Heating: Baseboard - ElectricForced AirElectricNatural Gas
  • Disability Feature: None
  • General: Brick
  • Originating MLS: BRIGHT_MAIN
  • School District: Baltimore City Public Schools
  • County: BALTIMORE CITY-MD
  • Zoning: R-80321060791 033
  • Utilities: 200 amp service
  • Water: Public
  • Sewer: Public Sewer
  • Source: BRIGHT_MAIN

This listing courtesy of Quinton G Campbell, Keller Williams Capital Properties

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

G

George Washington Elementary School

800 Scott St, Baltimore, MD, 21230

Grades PK-5

0.15 miles away

S

Southwest Baltimore Charter School

1300 Herkimer St, Baltimore, MD, 21223

Grades PK-8

0.37 miles away

V

Vivien T. Thomas Medical Arts Academy

100 N Calhoun St, Baltimore, MD, 21223

Grades 9-12

0.82 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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