419 East Oliver Street
Baltimore, MD 21202
$2,499,000
Price
—
Beds
48,000 Sq. Ft.
$52 / Sq. Ft.
48,000
Sq. Ft.
$52
per Sq. Ft.
Description
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...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.
- Listed by Jason S Lusby • Keller Williams Gateway LLCP: (410)-960-0858 jason@thelusbygroup.com
Property Details for 419 East Oliver Street
Tax ID Number
0312101128 048
OwnershipFee Simple
Structure TypeDetached
StyleOther
WaterfrontNo
GarageYes
Legal SubdivisionWard 12
MunicipalityBaltimore City
LISTING UPDATED: 10/21/2024 02:07 PM
Property Details for 419 East Oliver Street
| Status | Active |
|---|---|
| MLS # | MDBA2098144 |
| Days on Market | 447 |
| Taxes | $18,735 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi-Family / Fee Simple |
| Year Built | 1920 |
| Lot Size | 0.36 AC / 15,635 SF |
| County | Baltimore Independent City |
Building Information for 419 East Oliver Street
Stories-Residences2Year Built1920Building Size-Lot Size0.36 AC / 15,635 SF
Property Information for 419 East Oliver Street
Location
Location
- In City Limits: Yes
- School District Name: BALTIMORE CITY PUBLIC SCHOOLS
- School District County ID: 121137830454
- SchoolDistrictSource: Listing Agent
- County: BALTIMORE CITY
Waterfront / Water Access
Waterfront / Water Access
- Water View: No
- Water Access: No
- Water Oriented: No
- Navigable Water: No
- Tidal Water: No
- Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
- Tax Year: 2024
- Tax Assessed Value: $793,867
- Year Assessed: 2024
- County Tax: $889
- Improvement Assessed Value: $430,100
- City Town Tax: $17,846
- Land Assessed Value: $78,100
- Clean Green Assessed: No
- Land Use Code: IMU-1 / PUD
- Section: 10
- Zoning: IMU-1
- Zoning Dscrp: Mixed use / Pud (Allows for Multi Family, Office, Industrial, Retail, Institutional, Medical, specialty uses, etc)
- Tax Lot: 048
- Automatically Update Tax Values Y/N: Yes
- TaxDataUpdatedYN: Yes
Unit Information
Unit Information
- Single Room Units Count: 0
- One Bedroom Units Count: 0
- Two Bedroom Units Count: 0
- Three Bedroom Units Count: 4
- Number Of Units Vacant: 8
Building Info
Building Info
- Building Units Total: 2
- Total Finished SQFT: 48,000.00
- Total Finished SQFT Source: Estimated
- Tax Total Finished SQFT: 40,144.00
- Total SQFT: 53,000.00
- Total SQFT Source: Estimated
- Construction Materials: Brick, Block, Concrete, Mixed
- Foundation Details: Block, Concrete Perimeter, Other
- Other Structure: Above Grade, Below Grade
Lot / Land Information
Lot / Land Information
- Lot Size Source: Assessor
- Parcel ID: 12953525
Parking
Parking
- Type Of Parking: On Street, Attached Garage, Parking Lot
- Num of Attached Garage Spaces: 15
- Total Garage Spaces: 15
- Garage Features: Inside Access, Oversized, Garage - Side Entry, Built In
Interior Features
Interior Features
- Fireplace: No
- Accessibility Features: Elevator, 2+ Access Exits
Exterior Features
Exterior Features
- Pool: No Pool
Utilities
Utilities
- Heating: Yes
- Cooling Type: Other
- Cooling Fuel: Electric
- Heating Type: Forced Air, Other
- Heating Fuel: Natural Gas
- Hot Water: Electric, Natural Gas
- Water Source: Public
- Sewer Septic: Public Sewer
Confidential Data
Listing Office
- List Agent AOR: Greater Baltimore Board of REALTORS
- List Agent URL: charmcitycommercial.com
Property History for 419 East Oliver Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 419 East Oliver Street
Taxable ValueLand-Additions-Total-
Tax Record2023$15,364 ($1,280 / month)
Home Facts
Total Finished SqFt10,036 SqFtAbove Grade Finished SqFt10,036 SqFtStories3Lot Size15,635 SqFtStyleParking LotYear Built1920ZoningIMU-1CountyBALTIMORE CITYAPN12-10-1128 -048
Schools near 419 East Oliver Street
This home is within Baltimore City Public Schools.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Dallas F. Nicholas Sr. Elementary School PublicPK to 5 | ||
Booker T. Washington Middle School Public6 to 8 | ||
Augusta Fells Savage Institute Of Visual Arts Public9 to 12 | ||
Vivien T. Thomas Medical Arts Academy Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of Keller Williams Gateway LLC
© 2024 Bright MLS. All rights reserved. All information is deemed reliable, but accuracy is not guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 10/21/2024 02:07 PM