568 OLD TOWN MALL, BALTIMORE, MD 21202
BALTIMORE CITY County
Key Facts
Description
Rare redevelopment opportunity in the heart of historic Old Town Mall, one of Baltimore’s most iconic commercial corridors and widely recognized as one of the oldest outdoor shopping malls in the country. Located just minutes from Johns Hopkins, 568 Old Town Mall offers exceptional potential in an area already undergoing major public and private revitalization. This three-level property was formerly a long-standing liquor store and now presents an exciting opportunity for an investor, developer, or owner-user to bring new life to a historic Baltimore address. The property is positioned within a C-1 zoning district, with architectural drawings and permit-set materials showing a proposed mixed-use concept with business use on the ground floor and R-4 residential care facility use on the upper levels. The proposed plans include flexible first-floor space with reception, offices, open space, bath, utility areas, and galley kitchen. The second and third floors are designed for residential care facility use, with multiple bedrooms, bathrooms, laundry areas, and support spaces. The plans also include life-safety elements such as fire sprinkler protection, fire alarm, rated separation, and multiple egress considerations. The property offers front and rear access and may also be purchased with the directly adjacent property, creating an opportunity for an expanded footprint and additional redevelopment possibilities. Old Town Mall is the focus of a major city-supported redevelopment effort aimed at restoring business access, enhancing the streetscape, preserving historic character, and creating a safer, more vibrant community destination. With significant public/private investment and grant funding tied to the area’s revitalization, this is a rare chance to be positioned early in a transforming Baltimore corridor. Historic and architectural documentation is available, including CHAP-related materials and permit-set drawings addressing storefront restoration, windows, roofing, interior reconstruction, mechanical, plumbing, electrical, fire alarm, and sprinkler systems. Bring your vision to one of Baltimore’s most historic redevelopment corridors and be part of the next chapter of Old Town Mall.
Property Information
Property Type
Commercial Sale
Sub-Type
Mixed Use
Year Built
1920
Living Area
3,576 sq ft
Lot Size
0.04 acres
Parking Spaces
10
Zoning
C-2
Days on Market
1
MLS® Listing#
MDBA2221792
Property Features
Appliances
Cooling
Heating
Parking
Construction
Sewer
Water Source
Schools
- District:
- BALTIMORE CITY PUBLIC SCHOOLS
Financial Details
Annual Taxes
$807
Tax year 2025
Assessed Value
$44,800
Parcel Number
0305031277 035
Directions
GPS
Affordability Calculator
$40,000
Estimated monthly payment
$1,064/mo
Principal $160,000 · Est. interest $223,214 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in BALTIMORE, MD
- $230,609
- Median Listing Price
- 58
- Median Days on Market
- 1,498
- Median Sq Ft
- $161
- Median Price / Sq Ft
- 3,467
- Active Listings
- This home’s price is 13% below the area median.
- Its price per sq ft is 65% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in BALTIMORE, MD.
Location
Points of Interest in BALTIMORE, MD
Showing the BALTIMORE area map.
Nearby Schools
Dunbar High Football Field
Secondary · 0.1 mi away
Paul Laurence Dunbar High School
Secondary · 0.3 mi away
National Academy Foundation
School · 0.3 mi away
Naf Baltimore Middle and High School
Secondary · 0.3 mi away
SS. James and John Catholic School
School · 0.3 mi away
Eager Street Academy
School · 0.3 mi away
Community Initiatives Academy
School · 0.4 mi away
Johnston Square Elementary School
Elementary · 0.4 mi away
Tong le Montessori School
Elementary · 0.5 mi away
Bluford Drew Jemison Stem Academy Middle
School · 0.5 mi away
Hera's Income Tax School
School · 0.5 mi away
City Springs Elementary Middle School
Elementary · 0.6 mi away
The Loyola School
School · 0.6 mi away
Kennedy Krieger School
Secondary · 0.6 mi away
Dr Bernard Harris Elementary
Elementary · 0.7 mi away
Johns Hopkins Hospital Schools of Medical Imaging
School · 0.7 mi away
Baltimore School for the Arts
Secondary · 0.8 mi away
Baltimore Design School
Secondary · 0.8 mi away
The Wilkes School at Grace and St. Peter's
School · 0.8 mi away
Baltimore Leadership School for Young Women
Secondary · 0.8 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 2220 MOUNT HOLLY STREET, BALTIMORE, MD | $140,000 | 3 | 2 | 1,600 |
| HAMMONDS FERRY ROAD, BALTIMORE, MD | $140,000 | — | — | — |
| 2822 WATERVIEW AVENUE, BALTIMORE, MD | $140,000 | 2 | 1 | 960 |
| 2823 ERDMAN AVENUE, BALTIMORE, MD | $140,000 | 3 | 2 | 1,260 |
| 1618 E 29TH STREET, BALTIMORE, MD | $140,000 | 3 | 2 | 1,500 |
| 3239 DUDLEY AVENUE, BALTIMORE, MD | $140,000 | 3 | 2 | 1,440 |
Moving Cost Estimate
EXIT Agents in BALTIMORE
Listing Courtesy: Real Broker, LLC - 8554500442