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700 Park Avenue Baltimore, MD $ 4,300,000
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$ 4,300,000 Get more info
700 Park Avenue
$ 4,300,000
Back to search
Share Save

700 Park Avenue

Baltimore, MD, 21201
$ 4,300,000
Bedrooms-- Baths-- Sq 26,032

Monthly Estimate*

$ 27,151

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Commercial Property for sale in Baltimore, MD

for $4,300,000. This 26,032 square foot building was built in 1905 on a lot size of 0.07.

Rare opportunity to acquire a substantial multifamily investment property in the heart of historic Mount Vernon. 700 Park Avenue offers the compelling combination of strong in-place income, high occupancy, and significant value-add potential. Current rents remain well below their long-term potential, creating substantial upside through rent optimization, natural turnover, and strategic unit improvements while maintaining existing cash flow. Ideally positioned in one of Baltimores most established and architecturally significant neighborhoods, the property offers convenient access to Downtown Baltimore, major universities, hospitals, employment centers, cultural institutions, dining, and transportation. An exceptional opportunity to acquire meaningful scale in Mount Vernon with immediate income and considerable long-term rental and NOI growth potential. Offered as-is.

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Commercial Coming Soon

Price

$ 4,300,000

Property Type

Commercial

Taxes

$ 43,846

Style

Apartment Building

Lot Size

0.07

Year Built

1905

Town/City

Baltimore

County/Region

Baltimore City

MLS | Web ID

MDBA2230448
Features
Interior
Heating Fuel Natural Gas
Hot Water Natural Gas
Heating Y/N Y
Central Air Y/N N
Number of Elevators 1
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General
Sewer No Septic System
Heating Radiator
Cooling Wall Unit
Possession Immediate Negotiable
Zoning OR-2
Construction Materials Stone Brick
Year Built 1905
Property Subtype Five Or More Units
Tax Year 2026
Ownership Fee Simple
Cool Fuel Electric
Business Type Apartment Building
Accessibility Elevator
County BALTIMORE CITY
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status COMING SOON
Directions From Penn Station Head south on N Charles Street toward East Lanvale Street.Turn left at the first cross street onto East Lanvale Street.Turn right onto the East Coast Greenway/St Paul Street.Follow
City BALTIMORE
Lot Size Units Square Feet
Lot Size Square Feet 3254.00
Tax Annual Amount 43846.0
Price Per Sq Ft Total AG 165.18
Acceptable Financing Cash Conventional
Historic Y/N Y
Lease Considered Y/N N
Vacation Rental Y/N N
Location Type Downtown
Standard Status Coming Soon
Year Built Source Estimated
Legal Subdivision Ward 11
Association Recreation Fee N
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Exterior
Water Source Public
Type of Parking None
Water View Y/N N
Building Area Total 26032.00
Lot Size Acres 0.07
Lot Size Source Estimated
Waterfront Y/N N
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 700
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* Excluded Features
List By
Coldwell Banker Realty - Washington

Broker

nicholas.dunstan@cbmove.com

Email

Affordability Calculator

$30,804
Per Month
88%
12%
0%
Monthly Principal & Interest
$27,151
Monthly Property Taxes
$3,654
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
9/5/2026$4,300,000 Listed Price

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700 Park Avenue, Baltimore, MD, 21201 is a Commercial Property for sale at $4,300,000 with 26,032 sqft and a lot size of 0.07. 700 Park Avenue was built in 1905. The property's zip code is 21201 which is in Baltimore, MD

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