Baltimore, MD 21202,520 FORREST ST
Baltimore, MD 21202,520 FORREST ST
Baltimore, MD 21202,520 FORREST ST
Baltimore, MD 21202,520 FORREST ST
Baltimore, MD 21202,520 FORREST ST
Baltimore, MD 21202,520 FORREST ST
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$ 950,000
Est. payment | /mo

11,000 SqFt


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$ 950,000
Est. payment | /mo
Save

11,000 SqFt

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Square Footage 11,000 sqft

Price per Sqft $86

MLS Listing ID MDBA2143678

Originating Board BRIGHT

Year Built 1937

Annual Tax Amount $5,763

Tax Year 2024

Lot Size 3,326 Sqft

Acres 0.08

Property Description

We are excited to introduce Art at 520, an exceptional investment opportunity. This fully renovated building offers strong cash flow from long-term tenants, providing both stability and flexibility for the future. Whether you choose to retain the current tenants or implement your own vision, this property gives you the opportunity to maximize returns.

The sale includes 520 Forrest Street and 1055-1057 Hillen Street, both of which have undergone comprehensive renovations, minimizing future building maintenance and capital improvement costs.

Strategically located, the property is easily accessible from downtown, I-83, Route 40, and Harbor East. In addition, Art at 520 is positioned within the proposed Old Town Mall-Somerset Homes redevelopment area, adding a complementary and valuable use to this rapidly evolving neighborhood.

This is a prime opportunity to invest in a property with excellent current performance and significant future potential.

Location

State MD

County Baltimore City

Zoning C-2

Interior

Hot Water Other

Heating Heat Pump(s), Zoned

Cooling Central A/C, Other

Heat Source Electric, Natural Gas

Exterior

Waterfront N

Water Access N

Accessibility Elevator

Parking Type On Street

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Baltimore City Public Schools

Others

Tax ID 0305031271 009

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

Bright MLS (BMLS)
Listed by Matthew E Garono • Cummings & Co. Realtors
agent-avatar

+1(610) 420-7506

mk@movewithpridephl.com

1619 Walnut St 4th FL, Philadelphia, PA, 19103, United States

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520 FORREST ST