MD > Baltimore > Pigtown Historic District
Baltimore, MD 21230,1184 NANTICOKE ST
Baltimore, MD 21230,1184 NANTICOKE ST
Baltimore, MD 21230,1184 NANTICOKE ST
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Graceann Tinney

Graceann Tinney

+1(267) 373-8244
Listed by Q Campbell • Keller Williams Capital Properties
$550,000
Est. payment /mo
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Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Subdivision Pigtown Historic District

MLS Listing ID MDBA2193194

Year Built 1898

Annual Tax Amount $4,605

Tax Year 2025

Property Sub-Type Mixed Use

Source BRIGHT

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!

Location

State MD

County Baltimore City

Zoning R-8

Interior

Hot Water Other

Heating Baseboard - Electric, Forced Air

Cooling Central A/C

Heat Source Electric, Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Baltimore City Public Schools

Others

Tax ID 0321060791 033

Ownership Other

Acceptable Financing Cash, Contract, Conventional

Listing Terms Cash, Contract, Conventional

Financing Cash,Contract,Conventional

Special Listing Condition Standard

Read Less Info
Bright MLS (BMLS)

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Graceann Tinney

Graceann Tinney

Agent | RSRS344523

+1(267) 373-8244

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1184 NANTICOKE ST

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