663 and 665 W PRATT STREET

BALTIMORE , MD 21201

MLS#: MDBA2168702

$1,200,000

Status: Active
Listing number: MDBA2168702
Listing provided by: Coldwell Banker Realty
Listing agent phone: None
Last update: 2 months ago
On site: 4 months ago
Browse Properties
RIDGELY'S DELIGHT - Commercial Sale

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1920

Sq.Footage

N/A

Here is a rare opportunity to acquire a historic landmark property ready for a new lease on life. It was originally three large corner Federal Period townhouses known as 663, 665 W, Pratt St. and 203 Penn St. Located in the National Historic District of Ridgely's Delight, it qualifies for Historic Tax Credits for restoration redevelopment. Only a little over a third of the building is currently in use. This part of the building is an attractive well maintained restaurant, operated by the same family for about 50 years. The property will be delivered vacant. The equipment will convey. Most of the potential conversion space is gutted, secured and ready for restoration. Photos and floor plans are attached. There are two public parking garages conveniently located across the street, The University of Mayland and Hospital is our neighbor on Pratt Street. It is also located in the Stadium District, as Camden Yards Stadium and the Ravens Stadium are just a few blocks away. It's a most walkable location, convenient to anything. Its C-1 zoning allows many uses to include mix use, retail, office, services, medical clinics and more. While its historic status requires the building to be retained and preserved, this zoning district would permit building above it, up to 100 ft tall with a special exception. This was recently done nearby on the corner of Pratt and Fremont. There is also an opportunity to continue a use as a restaurant while expanding it into the unused space and or to add some additional uses in the unused spaces. It would also be a great place to live where you work. While its location is great, its future is even greater. The possibilities are endless!

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air, Electric

  • Heating YN

    YES

  • Heating

    Oil, Forced Air

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick

  • Parking

    On Street, Garage

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.06

  • Property Type

    Commercial Sale

  • Property Sub Type

    Mixed Use

Price

  • Sales Price

    $1,200,000

  • Tax Amount

    8603.0

  • Zoning

    Many permitted uses including restaurant, service, retail, medical, professional, day care, apartments and more

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    4

  • Sewer

    Public Sewer

  • Tax Lot

    028

  • Water Source

    Public

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Listing Courtesy of Melvin L Knight , Coldwell Banker Realty

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Here is a rare opportunity to acquire a historic landmark property ready for a new lease on life. It was originally three large corner Federal Period townhouses known as 663, 665 W, Pratt St. and 203 Penn St. Located in the National Historic District of Ridgely's Delight, it qualifies for Historic Tax Credits for restoration redevelopment. Only a little over a third of the building is currently in use. This part of the building is an attractive well maintained restaurant, operated by the same family for about 50 years. The property will be delivered vacant. The equipment will convey. Most of the potential conversion space is gutted, secured and ready for restoration. Photos and floor plans are attached. There are two public parking garages conveniently located across the street, The University of Mayland and Hospital is our neighbor on Pratt Street. It is also located in the Stadium District, as Camden Yards Stadium and the Ravens Stadium are just a few blocks away. It's a most walkable location, convenient to anything. Its C-1 zoning allows many uses to include mix use, retail, office, services, medical clinics and more. While its historic status requires the building to be retained and preserved, this zoning district would permit building above it, up to 100 ft tall with a special exception. This was recently done nearby on the corner of Pratt and Fremont. There is also an opportunity to continue a use as a restaurant while expanding it into the unused space and or to add some additional uses in the unused spaces. It would also be a great place to live where you work. While its location is great, its future is even greater. The possibilities are endless!

663 and 665 W PRATT STREET

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