Remarks

Welcome to 2400 Pennsylvania Ave., a gem nestled in the dynamic Penn North Neighborhood of Baltimore, Maryland 21217. Boasting 13,000 sq.ft. of space, this mixed-use building stands as a beacon of potential, offering a canvas for visionary developers to leave their mark on the city skyline.

Key Features:

Location: Situated in the vibrant Penn North Neighborhood, this property enjoys proximity to major amenities, transportation hubs, and attractions, ensuring convenience and accessibility for residents and businesses alike.
Versatile Layout: With its mixed-use configuration, this building presents a myriad of possibilities. The ground floor offers expansive commercial space, ideal for retail outlets, offices, or eateries, while multiple floors above provide ample room for residential units.
Grant Opportunities: Take advantage of the property's strategic location within enterprise and opportunity zones. These designations unlock access to a plethora of government grants, tax incentives, and financial subsidies, providing a substantial boost to your development project's feasibility and profitability.
Development Potential: Whether you envision revitalizing the commercial space, creating affordable housing options, or implementing innovative design concepts, the possibilities are endless. Leverage grant money to enhance your project's scope and impact while maximizing your return on investment.
Why Invest:

Financial Incentives: With the opportunity to leverage grant money from enterprise and opportunity zones, this property offers a rare chance to minimize financial risk and maximize returns.
Community Impact: By investing in this development opportunity, you'll not only generate profits but also contribute to the revitalization and growth of the Penn North Neighborhood, fostering economic prosperity and community well-being.
Future Growth Potential: Positioned in a strategic location within Baltimore, this property is poised to benefit from ongoing urban development initiatives and increasing demand for mixed-use spaces in thriving urban centers.
Don't miss out on this exceptional opportunity to make your mark on Baltimore's landscape while capitalizing on the potential for financial incentives. Schedule a viewing today and unlock the possibilities that await at 2400 Pennsylvania Ave.!

Details

MLS#: MDBA2117818
Price: $375,000

Year Built: 1920

County: BALTIMORE CITY
Subdivision: Penn North
Tax Fee: 6849.0