$695,000
Redevelopment Opportunity on High Visibility Corner. The Charles Fish & Sons Building offers 12,180 square feet of historic commercial space at the prominent corner of North Eutaw and Franklin Streets in Downtown Baltimore. Offered at just $57 per square foot, the property provides an attractive acquisition price for a developer seeking an adaptive reuse project or an owner-user looking for a distinctive headquarters.
Originally constructed in 1881 as the home of the Baltimore College of Dental Surgery, the world's first dental school, the building retains architectural features that would be difficult and costly to replicate today. Ceiling heights range from approximately 13 to 18 feet, with 13-foot-tall window openings providing abundant natural light throughout the upper floors. The building is currently configured as eight commercial suites, including six office suites and two connected first-floor suites used as a restaurant with access to a large walk-in basement.
Existing infrastructure includes a passenger elevator, sprinkler and monitored fire alarm systems, individually controlled HVAC, individual gas meters, and a 1,200-amp main electrical service with nine electric meters and 200-amp service to each commercial suite.
Flexible C-5DC zoning allows multifamily, mixed-use, and commercial development with no dwelling unit caps, off-street parking requirements, or setback requirements. A purchaser may renovate the existing building for a new use while preserving its historic façade and architectural character. Future vertical expansion may also be possible, subject to structural analysis and applicable approvals.
The property is located two blocks from the redeveloped Lexington Market and within approximately a 5- to 15-minute walk of the University of Maryland, Baltimore's professional and graduate schools, University of Maryland Medical Center, BioPark, and Baltimore's Central Business District. Metro Subway, Light Rail, MARC commuter rail, I-83, and I-95 provide convenient connections throughout the Baltimore region. The property is also located within Baltimore City's Enterprise Zone, where qualifying projects may be eligible for real property and state income tax credits, subject to program requirements.
MDBA2229236
MLS
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ACTIVE
Status
429 N Eutaw St, Baltimore
