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sales rep | Brivity IDX

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568 Old Town Mall , Baltimore, MD 21202
$200,000
Est. Payment: $1,064.48/mo
3576 Sqft
0.04 Acres
Status: active | Days on site: 107
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REKL1 - 3065499
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House Description

Rent roll of $15,000 a month once renovated and set up one day is possible. Rare redevelopment opportunity in the heart of historic Old Town Mall, one of Baltimore’s most iconic commercial corridors and widely recognized as one of the oldest outdoor shopping malls in the country. Located just minutes from Johns Hopkins, 568 Old Town Mall offers exceptional potential in an area already undergoing major public and private revitalization. This three-level property was formerly a long-standing liquor store and now presents an exciting opportunity for an investor, developer, or owner-user to bring new life to a historic Baltimore address. The property is positioned within a C-1 zoning district, with architectural drawings and permit-set materials showing a proposed mixed-use concept with business use on the ground floor and R-4 residential care facility use on the upper levels. The proposed plans include flexible first-floor space with reception, offices, open space, bath, utility areas, and galley kitchen. The second and third floors are designed for residential care facility use, with multiple bedrooms, bathrooms, laundry areas, and support spaces. The plans also include life-safety elements such as fire sprinkler protection, fire alarm, rated separation, and multiple egress considerations. The property offers front and rear access and may also be purchased with the directly adjacent property, creating an opportunity for an expanded footprint and additional redevelopment possibilities. Old Town Mall is the focus of a major city-supported redevelopment effort aimed at restoring business access, enhancing the streetscape, preserving historic character, and creating a safer, more vibrant community destination. With significant public/private investment and grant funding tied to the area’s revitalization, this is a rare chance to be positioned early in a transforming Baltimore corridor. Historic and architectural documentation is available, including CHAP-related materials and permit-set drawings addressing storefront restoration, windows, roofing, interior reconstruction, mechanical, plumbing, electrical, fire alarm, and sprinkler systems. Bring your vision to one of Baltimore’s most historic redevelopment corridors and be part of the next chapter of Old Town Mall.

Highlights

Listed by Jared Russell , 9197219708 Real Broker, LLC , 8554500442. Bright MLS

Property Type

Commercial Sale

Lot/Acreage
0.04

Year Built

1920

County

Baltimore City

School District

Baltimore City Public Schools

Listing ID

MDBA2221792

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Interior Features

Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No,In City Limits
Garage Capacity:10
Zoning:C-2
Sewer:Public Sewer
Parking Features:On Street,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Principal Interest
$1,064
Taxes
$67

Home Price

$200,000

Loan Details

30 yrs
7%

Down Payment

20%
$40,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,064.48

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,064.48 $67.25 $0.00 $1,131.73
Yearly $12,773.81 $807.00 $0.00 $13,580.81
Total $383,214.24 $24,210.00 $0.00 $407,424.24
Lender profile image
Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Baltimore, MD).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

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Data last updated: 2026-11-13T19:09:10.000Z

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