737, West Pratt Street, Ridgleys Delight, Baltimore, Maryland, 21201, United States of America
For Sale - Under Contract
4 Buildings across the Street from University of Maryland’s Downtown Baltimore Campus, featuring Shock Trauma Center, School of Nursing, Law School, Medical School, Pharmacy School, and Dental School. The University of Maryland does not offer housing to the 5,965 students attending their graduate schools, providing a good base of professional, highly educated tenants.
These 4 buildings are in poor condition and need a total gut-rehab, or tear-down and build a new building.. There is extensive water damage and mold on the property. Possible to acquire neighboring properties for a larger foot print.
C-1 Zoning allows high-density residential development as well as offices and commercial uses. Residential density requires 300 sq.ft. of lot area per dwelling unit (equates to 145 units per acre). Up to 17 apartments are permitted on this site as a matter of right. There is the ability to appeal to the City for a variance for more units on this site. There is no parking requirement in a C-1 zoning district.
This property is located in the Ridgley’s Delight Historic District. Any development is subject to CHAP guidelines for historic preservation. Historic tax credits are available.
5,680 sq.ft. Land Area
8,325 sq.ft. Building Area
60′ frontage on West Pratt Street
C-1 Zoning on Pratt Street; R-8 on Fremont Avenue parcel.
Unless and until there is a written Buyer-Broker Agency Agreement signed with a prospective Buyer, then Ben Frederick Realty, Inc., Ben Frederick Realty, Inc. represents the Seller. Please click here to download the Maryland Real Estate Commission form “Understanding Whom Real Estate Agents Represent”.
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