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1640-1642 Pennsylvania Ave

2,851 SF Retail Building Baltimore, MD 21217 £493,125 (£173/SF)

Executive Summary

Single Tenant Retail `10% Cap Rate
This 2,851sf building is well located in the heart of the Penn Ave commercial corridor in the Upton neighborhood next to Avenue Market.
The current tenant is a Metro by T-mobile franchisee under a long term lease.
Pennsylvania Ave is the main artery traveling in and out of the city. The property is located just 2 miles from the Inner Harbor.
This stretch of Penn Ave has a daily traffic count of approx 10,000 cars and is served by the Upton subway station.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,851 SF
Building Class
C
Year Built/Renovated
1900/2012
Price
£493,125
Price Per SF
£173
Tenancy
Single
Number of Floors
1
Building FAR
0.98
Land Acres
0.07 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
C-1 - Retail Zoning
Frontage
25 ft on Pennsylvania Ave
1 of 1
Walk Score ®
Very Walkable (87)
Transit Score ®
Excellent Transit (84)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Numbers
Multiple
  • 14-10-0337-016
  • 14-10-0337-015
 Improvements Assessment £0
Land Assessment £0 Total Assessment £263,973

PROPERTY TAXES

Parcel Numbers
Multiple
  • 14-10-0337-016
  • 14-10-0337-015
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£263,973
(301) 275-5509

  • Listing ID: 28030392

  • Date on Market: 21/03/2023

  • Last Updated:

  • Address: 1640-1642 Pennsylvania Ave, Baltimore, MD 21217

The Retail Property at 1640-1642 Pennsylvania Ave, Baltimore, MD 21217 is currently available For Sale. Contact Avenue Real Estate for more information.

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© 2024 CoStar Group

1640-1642 Pennsylvania Ave
(301) 275-5509 x

1640-1642 Pennsylvania Ave

Ross Conn

(301) 275-5509

(301) 275-5509

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