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419 E Oliver St
Baltimore, MD 21202

$1,900,000 USD

Light Distribution For Sale  •  40,100 SF

Property Details

• Property Type Light Distribution
• Total Building Size 40,100 SF
• Lot Size 0.36 AC
• Building Class C
• Year Built 1961
• Cap Rate 14.00 %
• Tenancy Multiple
• Zoning I-MU-1

91 Transit Score

86 Walk Score

Highlights

Located at highly trafficked intersection

High Occupancy Neighborhood

Wet Sprinklers

Freight Elevator

Current set-up as 5K SF loft apartments

Parking Garage

Financial Summary (Proforma)

Net Operating Income: $361,200 USD (2024)

Cap Rate:	14.00 %
Total Expenses:	$98,800 USD

Amenities

• 24 Hour Access
• Bus Line
• Commuter Rail
• Courtyard
• Fenced Lot
• Yard
• Storage Space

Public Transportation

Commuter Rail	Drive	Walk	Distance
Penn Station (Penn Line - Maryland Area Regional Commuter Trains (The MARC), Penn Station & Camden Yards - Maryland Area Regional Commuter Trains (The MARC))	2 min	9 min	0.5 mi
Camden Station (Camden Line - Maryland Area Regional Commuter Trains (The MARC))	6 min	-	2.2 mi
Transit/Subway	Drive	Walk	Distance
University Of Baltimore/Mount Royal (Hunt Valley & BWI Marshall - Maryland Transit Administration Light Rail (Baltimore Light Rail), Penn Station & Camden Yards - Maryland Transit Administration Light Rail (Baltimore Light Rail), Timonium & Cromwell - Maryland Transit Administration Light Rail (Baltimore Light Rail))	2 min	14 min	0.7 mi
Cultural Center (Hunt Valley & BWI Marshall - Maryland Transit Administration Light Rail (Baltimore Light Rail), Penn Station & Camden Yards - Maryland Transit Administration Light Rail (Baltimore Light Rail), Timonium & Cromwell - Maryland Transit Administration Light Rail (Baltimore Light Rail))	2 min	15 min	0.8 mi
State Center (Metro) Sb (METRO SUBWAYLINK - Maryland Transit Administration)	3 min	19 min	1.0 mi
State Center (Metro Subway - Maryland Transit Administration Metro Subway (Baltimore Metro))	3 min	19 min	1.0 mi
North Avenue (Hunt Valley & BWI Marshall - Maryland Transit Administration Light Rail (Baltimore Light Rail), Timonium & Cromwell - Maryland Transit Administration Light Rail (Baltimore Light Rail))	3 min	19 min	1.0 mi
Airport	Drive	Walk	Distance
Baltimore/Washington International Thurgood Marshall	22 min	-	11.8 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	25
Type:	Surface
Included in Rent:	Yes