Howard Street Lofts

Posted: 2/26/2021
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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.