507-509 Seminary CtBaltimore, MD 21201

For Sale
$700,000

Retail & Land, 9,105 SF, $700,000

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional Baltimore City commercial property presents a unique investment opportunity. The offering encompasses three buildings totaling 9,105 square feet situated on a 0.33-acre lot (14,513 square feet). The property, located at 507-509, 511, 601 Pennsylvania Avenue & 553-557 Seminary Court, Baltimore, MD 21201, consists of two vacant lots and three existing buildings, currently generating $42,000 in annual gross rental income. The buildings are in average condition and include on-site parking. This prime location offers easy access to US Route 40, public transportation, numerous retail establishments, and medical facilities. The property benefits from its proximity to Metro West, a planned 1,085,000-square-foot office complex redevelopment, directly across the street. The property is zoned C-1, Neighborhood Business District, providing flexibility for a variety of commercial uses. Owner financing is available for qualified buyers. This is a rare chance to acquire a substantial commercial property in a rapidly developing area of Baltimore. The five-story buildings offer significant potential for redevelopment or continued rental income. The large lot size provides ample space for expansion or additional development. Don't miss this opportunity to capitalize on the growth potential of this vibrant Baltimore location.

Highlights

  • 14,513 SF (0.33-acre) commercial land parcel.
  • Three buildings totaling 9,105 SF, average condition, with on-site parking.
  • Across from planned 1,085,000 SF Metro West office complex redevelopment.
  • Excellent access to US Route 40, public transit, retail, and medical facilities.
  • $42,000 annual gross rental income.
  • Owner financing available to qualified buyers.

Property Details for 507-509 Seminary Ct

Property type
Other retail properties, Other land
Square Feet
9,105 SF
Buildings
3
Stories
5
Lot Size (sq. ft)
14,375 SF

Location Insight

City
Baltimore
County
Baltimore
State
Maryland
Latitude
39.2954821
Longitude
-76.6241454
507-509 Seminary Ct, Baltimore, Maryland

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507-509 Seminary Ct
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