Howard Street Lofts

Posted: 2/26/2021
Want to add this to My Listings (or tell us why you're not interested)?
Log In or Register ...

About

About Howard Street Lofts

The Cushman and Wakefield Baltimore Capital Markets Group is pleased to present the exclusive listing of 5 N. Howard Street a Mixed-Use Property in Downtown Baltimore. The Vacant Property is well-positioned in the burgeoning Bromo Arts District and future ownership has the rare and immediate opportunity to redevelop the 4 floors above the existing retail space into modern apartments .5 North Howard Street is an L-Shaped Property with street access from both Howard Street as well as the alley along W. Fairmount Avenue. The Property totals 6 stories (including the basement) and approximately 26,430 square feet (4,405 square foot floorplates). The Ground Floor Retail Unit has an existing 5-Year Lease, with 3% annual increases, and several future renewal options. The Tenant is responsible for all utilities, waste removal, and real estate taxes, as well as a portion of the Property Insurance. The in-place revenue will offset development costs, during construction.

Documents