Junker Hotel Redevelopment

Posted: 1/25/2021
49 Units
0.07 Acres
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Under Contract
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Under Contract
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Under Contract
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Under Contract
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Under Contract
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Under Contract
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Under Contract
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Under Contract
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About

About Junker Hotel Redevelopment

The Cushman & Wakefield Baltimore Capital Markets Group is pleased to present the exclusive listing of the Historic Junker Hotel located at 20-22 E. Fayette Street in Baltimore, MD in the City’s Central Business District. The Vacant 49- Key Hotel is currently in receivership and vacant. Future ownership has the rare and immediate opportunity to reposition the Property for a variety of uses including conventional multifamily, senior housing, or medical outpatient facility. The Asset is in a Federal Opportunity Zone, and eligible for a Low-Income Housing Tax Credit (LIHTC) Conversion. The Property has received $8 Million in Capital Improvements since 2010.