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$2,800,000
379 Days Online

419 E Oliver St
Baltimore, MD 21202

For Sale|Residential Income|Active
4
Beds
0
Full Baths
0
Partial Baths
48,000
SqFt
$58
/SqFt
1920
Built
County:
BALTIMORE CITY
Listing courtesy of Keller Williams Gateway LLC
419 E Oliver St419 E Oliver St
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Zoned for Multi Family and many other uses. Rarely available square footage in Baltimore's Station North Art's and Entertainment District. This approx 48,000 sf building has exceptionally versatile mixed use IMU-1 zoning and is located in the 2003 Greenmount West Planned Urban Development (PUD). Allowable uses are extensive and range from multi-family, industrial, office, and retail to specialty uses like medical, laboratory, institutional, education, and urban agriculture to name a few. The building consists of 4 stories. The building is served by a center stairwell and freight elevator serving each unit. 2 Additional shafts exist for the potential of lifts. Each floor consists of two 5,000 SF +/- units for a total of 8 units. Additional unit(s) could possibly be added to the lower level. The last use of the building was 6 Multi-Family Live-Work Artist Lofts and collaborative space, 1 large common collaboration unit on the first floor, and 1 first floor unit serving as a parking garage. The property also has a gated storage yard, 2 drive in bays, and 1 loading dock. The building has solid constriction consisting of steel, concrete, brick, and block. window openings, while currently covered by pebble board, are expansive offering a flood of natural light into the building on all sides, and are large enough for the hoisting of furniture and goods. This offering is a short walk from Penn Station, bringing approx 3M commuters per year through the neighborhood and a migration of DC Metro Area workers taking advantage of capital beltway wages and affordable Baltimore living through MARC Train commuting. This creates opportunity to answer the current housing shortage in a value-add property in a neighborhood on the up-swing that is heavy on tax, employment, and financial incentives. Anywhere from 30-50 residential units or more could be possible depending on the unit mix and bedroom count. For the investor looking for a buy-and-hold with minimal relative capital improvements needed: eight 5K sf self-contained units could offer an answer to the neighborhood's shortage of available industrial and retail space for small users, and still create a lucrative gross yearly income. Showings and additional non-public information require proof of wherewithal, Non Disclosure Agreement, and Site Access Waiver. All tours must be accompanied by the Lister.

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Listing Snapshot
Price 
$2,800,000
Days Online 
379 Days
Bedrooms 
4
Inside Area (SqFt) 
48,000 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.36 Acres
Year Built 
1920
MLS® Number 
MDBA2098144
Status 
Active
Property Tax 
$18,735
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a year agoListing first seen online
a year agoListing updated with changes from the MLS®
General Features
Acres 
0.36
Attached Garage 
Yes
Garage 
Yes
Garage Spaces 
15
Parking 
On StreetAttached
Parking Spaces 
15
Sewer 
Public Sewer
SqFt Total 
48000
Style 
Other
Water Source 
Public
Zoning 
Mixed use / Pud (Allows for Multi Family, Office, Industrial, Retail, Institutional, Medical, specialty uses, etc)
Interior Features
Appliances 
Electric Water Heater
Heating 
Forced AirNatural Gas
Interior 
Elevator
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Exterior Features
Construction Details 
Brick
Community Features
School District 
BALTIMORE CITY PUBLIC SCHOOLS
Schools
School District
BALTIMORE CITY PUBLIC SCHOOLS
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Keller Williams Gateway LLC



The real estate listing information is provided by Bright MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.

Neighborhood & Commute
Source: Walkscore
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