205 W MADISON STREET

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Address: 205 W MADISON STREET, BALTIMORE, Maryland, US
Created date: April 18, 2024
Date last updated: April 18, 2024

Property Description

INCREDIBLE OPPORTUNITY IN THE HEART OF MOUNT VERNON! This is your chance to own an unbelievable piece of Baltimore history. This property is sure to be the crown jewel of your investment portfolio. This sale comprises of not just one but TWO buildings in the heart of the Mount Vernon Historic District at 205 W Madison St and 716 Park Ave. Both buildings combine for over 18,000 sq ft above grade, not including the basements. 205 W Madison is 11,440 sq ft above grade, 716 Park Ave is 6,600 sq ft above grade. Standing outside of the main building, you are in awe of its magnificence. The attention to detail that went into the brickwork and stone work on the exterior of the building is unlike any other building you have seen in recent memory. As you enter the grand double doors of the main building into the foyer, your eyes are immediately drawn to the many displays of craftsmanship from a world long ago. Beautiful murals and paintings, exquisite handrails and crown molding, and an incredible grand staircase. As you enter to your left, what was once a ballroom, dining room, or reception area is sure to leave you speechless. You are greeted by 14ft+ ceilings and a magnificent chandelier at the center of the room. You immediately feel like you are walking back 100 years into a completely different time and era. Take a stroll back into the main hall and past the grand staircase and you will notice the original service elevator to the building is still in place. A large, beautiful courtyard connects the two buildings from the rear. It is truly amazing how well many of the original features of this building have been preserved. Craftsmanship like this simply no longer exists. Both buildings currently have a combined 25 suites/rooms (28 if you include the basements), each complete with it's own bathroom and it's own heating/cooling system. Each room is cozy, comfortable, and a very good size. Many of them have their own living room areas in addition to bedroom and bathroom. This is is an incredible opportunity to bring this building back to its former grandeur. The neighborhood and the city has been buzzing about what's to come for this building, and everyone is so excited to see what the next owner has planned! This building could be converted back to a hotel, to a bed and breakfast, an apartment building, a rooming house, the possibilities are endless. Don't let this incredible once in a lifetime opportunity pass you by!

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $1,650,000
No. of Units: 1
Year Built: 1880
Lot Size: 18,040.00 Sq ft
Opportunity Zone: No
Price per unit: $1,650,000
Property Website Click Here
Number of Bedrooms: 0
Number of Bathrooms: 0
Address: 205 W MADISON STREET, BALTIMORE, MD 21201, USA
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