Bolton Hill - Baltimore, MD Commercial Real Estate
7 results
Address
Price
Size
2028 Mt. Royal Terrace
Bolton Hill, Baltimore, MD
Opportunity to Acquire a Multifamily Asset with Minimal Deferred Maintenance in Reservoir Hill . - Unit mix consists of (11) 1 Br-1 Ba, (1) 1 Br-1.5 Ba, (4) 2 Br-1 Ba, (2) 2 Br-1.5 Ba, and (3) 3 Br-2 Ba. - Typical unit features include white appliances, wood cabinets, laminate countertops, engineered bamboo/carpet/ceramic tile flooring, and in-unit washer/dryers in some units. - Current ownership completed an extensive renovation of the property in 2012 which included apartment upgrades, new roof and awning, refurbished lobby and corridors, replacement of 50% of the hot water heaters and 90% of heat pumps, and other projects. Ability to Create Value and Increase Rents Via Renovation Program . - Recently, the seller renovated two units with stainless steel appliances, new cabinets, granite countertops, and updated bathrooms; the opportunity exists to continue this renovation program on the remaining 19 units. - Potential to increase rents at least 15% based on nearby rent comparables. - Implement a water reimbursement program upon renewal and/or new lease. - Monetize the storage area in the basement by creating two or three larger storage rooms. Excellent Location in Reservoir Hill Near I-83; Less Than a 15 Minute Walk Away from MICA and UB . - Ranked a Walker's Paradise by WalkScore; various modes of public transportation are located less than a half mile away from property including the Light Rail and CityLink bus stops. - Located 1 mile away from Druid Hill Park, one of the largest green spaces in Baltimore City. - Major area employers nearby: Johns Hopkins University, Maryland Institute College of Art (MICA), University System of Maryland, University of Maryland Medical Center (UMMC) Midtown Campus. - Major area colleges nearby: MICA, University of Baltimore (UB), Coppin State University, Johns Hopkins University
Lease:
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1312-1316 Eutaw Pl
Bolton Hill, Baltimore, MD
Opportunity to Acquire a Multifamily Asset in Bolton Hill . - Features 25 large units with a mix of (1) Studio, (6) 1 Br-1 Ba, (14) 2 Br-1 Ba, (2) 3 Br-1 Ba, and (2) carriage homes. - There is a landscaped courtyard with secured entry that tenants walk through to reach their units and a shared laundry area. - Typical unit features consist of white appliances, wood cabinets, formica countertops, and hardwood/tile flooring. Ability to Increase Rents Via Renovation Program . - Opportunity exists for a new owner to renovate all of the units with a suggested scope of stainless steel appliances, updated cabinets, granite countertops, and updated bathrooms. - Properties of similar vintage that have undergone renovations of a comparable scope are achieving rents at least $350 higher on average compared to the Subject property. - Other value add opportunities include evaluating the possibility of implementing a utility reimbursement program upon renewal and/or new lease. Excellent Location in Bolton Hill . - Easy access to I-83 and Downtown Baltimore. - Less than a mile from Penn Station and only an 8-minute walk to the closest light rail station. - Major area employers/colleges nearby: Maryland Institute College of Art (MICA), University of Baltimore, University of Maryland Medical Center (UMMC) Midtown Campus, Social Security Administration
Lease:
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1600 Bolton St. Baltimore
Bolton Hill, Baltimore, MD
Opportunity to Acquire a Fully Occupied Multifamily Asset in Bolton Hill. • Features 5 large units with a mix of (2) 1 Br-1 Ba, (1) 1 Br-1.5 Ba w/Den, (1) 2 Br-1 Ba, and (1) 4 Br-2.5 Ba. • Typical unit features consist of white appliances, wood cabinets, hard surface countertops, and hardwood/ceramic tile flooring. • Current ownership replaced the roof in 2022 and installed HVAC in units 2F and 3R. Ability to Increase Rents Via Renovation Program. • Opportunity exists for a new owner to renovate all of the units with a suggested scope of stainless steel appliances, updated cabinets, granite countertops, and updated bathrooms. • Properties of similar vintage that have undergone renovations of a comparable scope are achieving rents at least $150 higher compared to the Subject property. • Other value add opportunities include implementing a water reimbursement program upon renewal and/or new lease and potentially creating surface parking behind the building. Excellent Location in Bolton Hill. • Easy access to I-83 and Downtown Baltimore. • Located 1 mile away from Penn Station and surrounded by additonal public transportation options such as the Metro, Lightrail, and CityLink bus stops. • Major area employers/colleges nearby: Maryland Institute College of Art (MICA), University of Baltimore, University of Maryland Medical Center (UMMC) Midtown Campus
Lease:
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re|NEW MT. VERNON
1111 Park Ave
Bolton Hill, Baltimore, MD
Re|NEW Mt. Vernon is located in the historic and desirable community of Bolton Hill, featuring single- and multi-family homes in a variety of architecture styles. The mixed use residential and commercial complex is situated in Mt. Vernon, widely considered to be the cultural and art epicenter of Baltimore City. This neighborhood includes numerous attractions such as the historic George Peabody Library, the Walters Art Museum, the Washington Monument, Baltimore Center Stage, Madison House, Ivy Hotel, the Maryland Historical Society, Penn Station, The Lyric Opera House, University of Baltimore and the Maryland Institute College of Art (MICA).
This area offers highly walkable streets with quality retail and residential units. Easy accessibility to public transportation and nearby highways makes it a great location for any business owner.
Lease:
$562 -
$1,318/month
$562 -
$1,318/month
375 SF -
879 SF
879 SF
Baltimore Unity Hall
1505 Eutaw Pl
Bolton Hill, Baltimore, MD
5,661 SF of event space including a reception gallery area on the lower level. 1,586 SF of brand new, state of the art, commercial kitchen space. Delivery lift for the Caterer’s use. Spaces come equipped with an Audio/Visual package. Manual room divider separating the event space into two meeting rooms ~1,800 and 2,700 SF.
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5,661 SF
1501 Park Avenue
1501 Park Ave
Bolton Hill, Baltimore, MD
Lot Size:0.07Acres
Sale:
$91,666
$91,666
0.07Acres
1600 Park Avenue
1600 Park Ave
Bolton Hill, Baltimore, MD
Sale:
$148,750
$148,750
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Market Stats
Bolton Hill has 7 commercial real estate spaces for lease, representing 7,407 sqft space.
2 buildings are available for sale.
In the past 30 days, Bolton Hill has had 3 spaces leased.
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