This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

2528 Maryland Ave

2,712 SF 100% Leased Office Building Baltimore, MD 21218 $533,778 CAD ($197 CAD/SF) 9.07% Cap Rate

Investment Highlights

  • Prime Location Near Johns Hopkins University
  • Walkable Convenience
  • Value-Add Potential

Executive Summary

A spacious, inviting hallway with an impressive wooden staircase creates a welcoming atmosphere for tenants and visitors. Kitchens are designed with laminate countertops and a variety of cabinetry styles, from modern wood to European-inspired options, offering low-maintenance durability and visual appeal. Living spaces feature a mix of wood and laminate flooring, while bathrooms are equipped with functional, modern vanities or wall-mounted sinks and durable vinyl tub surrounds. The basement and third-floor apartments include dens, adding valuable living space.
The office occupies the entire first floor, featuring a private front room that overlooks the tree-lined Maryland Avenue. A larger office area is situated in the rear, accompanied by a half bathroom and a storage room. Both rooms are enhanced by decorative mantles and large windows, creating bright, inspiring workspaces. A central boiler provides heating for all units, with hot water baseboard heat in the basement apartment and hot water radiator distribution for the upper-floor apartments. Two air handlers cool the units: one serves the basement and first floor, while the other serves the second and third floors. A central State Select 40-gallon gas-fired water heater supplies hot water. Observable water supply lines are copper or C-PVC, and observable drain lines are PVC. The property has one electric meter and one gas meter. The landlord bills back for all utilities, keeping monthly utility costs down and more cash in hand. This mixed-use 4-unit in Charles Village is located just four blocks south of Johns Hopkins University Homewood campus, and three blocks south of Wyman Park Dell. Tenants enjoy a quick walk to the Charles Village Shopping District or Safeway grocery store, and I-83 provides a quick commute to downtown Baltimore. 2528 Maryland Avenue garners a “Walker’s Paradise” designation, with a 91 Walk Score and an 89 Bike Score, being located along the Maryland Avenue Cycle Track. RHouse, Remington’s trendy food hall, is home to popular stalls like Creole Soul and Koshary Corner and is within a 5-minute walk.

Attachments

Maryland2528

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
2,712 SF
Building Class
B
Year Built
1900
Price
$533,778 CAD
Price Per SF
$197 CAD
Cap Rate
9.07%
NOI
$48,414 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
795 SF
Slab To Slab
10’
Building FAR
2.07
Land Acres
0.03 AC
Zoning
OR2 - OR-2 LIcensed for 3 Dwelling Units
Parking
2 Spaces (0.74 Spaces per 1,000 SF Leased)
Walk Score ®
Walker's Paradise (95)
Transit Score ®
Excellent Transit (78)
Bike Score ®
Very Bikeable (89)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 33841340

  • Date on Market: 2024-11-12

  • Last Updated:

  • Address: 2528 Maryland Ave, Baltimore, MD 21218

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}