Listed by Cushman & Wakefield - Baltimore, Maryland
Unpriced
Former Institute of Notre Dame School
Details
Property Type Land
Sub Type Commercial
Acreage 1.460
Zoning R-8
Land | 1.46 acres
Marketing description
Cushman & Wakefield is pleased to offer for sale the former Institute of Notre Dame School. This gated compound, consisting of approximately 206,700 sf sited on 1 46 acres, hosted the namesake high school for nearly 170 years and is an important contributor to Baltimore City and American history. Founded in 1847 and closed in 2020, the Institute educated some of the country’s most prominent female leaders, including Senator Barbara Mikulski and Speaker of the House Nancy Pelosi The buildings, some dating back to 1852, display classic Federal-style architecture with brick walls and slate roofs. High ceilings throughout all levels create the ideal adaptive reuse structure. A gymnasium, with locker rooms and storage, was added in 1992 and, along with a chapel and auditorium, provide unique amenity space. The property offers a rare historic redevelopment opportunity in the heart of Baltimore’s near East side.
Investment highlights
- One of a kind historic structure with multiple re-use opportunities
- Federally-designated structure eligible for historic tax credits
- Centrally located between Johns Hopkins Hospital and Downtown Baltimore
- Minutes to CBD and the Jones Falls Expressway (I-83)
- Two blocks north of East Baltimore revitalization zone and accessible to renascent Midtown markets
- 206,700+/- SF Total
- 5 above ground levels with basement
- Attached up-to-date 11,035 SF gymnasium with locker rooms
- 18,000+/- SF of basement storage
- 7,000+/- SF Chapel
- 7,500+/- SF Auditorium with stage
- 65,000+/- SF of hallway/circulation space
- 2 working elevators and 4 stairwells exist on the property
- Zoned R-8 under Baltimore City’s Transform Zoning Code (2017)
- Permits primarily residential uses by right (single and multifamily up to 79 units/acre, along with residential care and assisted living
- Prime candidate for workforce and attainable housing conversion
- Alternate, mixed uses by special exception
- Federally-designated historic status dictates exterior improvement/rehabilitation standards, but enables historic tax credit incentives.
- Senior housing parking requirements- 1 per 4 dwelling units
- LIHTC non senior housing requirements- 1 per 2 dwelling units
Listing Contacts
Listed by Cushman & Wakefield - Baltimore, Maryland
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