HIGHLIGHTS: C-1 Zoning Allows for the Development of 59 Dwelling Units By-Right, with No Off-Street Parking Requirements; Located in an Opportunity Zone, Providing Significant Tax Benefits like Tax Deferral and Tax Reduction; Located in an Enterprise Zone, Potentially Offering Favorable Tax Rates, Regulatory Exemptions and Other Incentives; Less Than 1/2 Mile To Downtown Baltimore, 1 Mile to Johns Hopkins Hospital or The Inner Harbor & Quick Access to I-83. 17,840 square feet, comprised of 6 legal lots, with 167′ feet of frontage along North Gay Street, and additional frontage along North High Street and North Exeter Street. Includes 331-343 North Gay Street, 323 North High Street and 327 North High Street. Lot 014 expands into a 2,040 square foot building that fronts North Exeter Street. C-1 Zoning allows most retail and office uses and no off-street parking requirements. By-right, 59 dwelling units can be built on these sites. 327 and 323 North High Street are part of the site; note that 325 North High Street is a separate lot, privately owned, and not a part of the package. This Baltimore City development opportunity is located in both an Opportunity Zone and an Enterprise Zone, allowing investors to see deferred taxes, favorable tax rates and savings, as well as other incentives. The site is sandwiched between major private and public sector employers, with the main USPS branch of Baltimore City to the South and the Baltimore City Juvenile Justice Center across the street. MCVet, a nonprofit Veteran assistance program, is located on the west end of North High Street. Major traffic routes like Route 40 (Orleans Street), President Street, and I-83 are accessible within a 3-block drive, allowing for easy commutes anywhere in the City, as well as points North. The intersection of East Fayette and President Street, where I-83 ends, sees 62,211 vehicles per day. Major developers are part of the Perkins/Somerset/Oldtown Transformation Plan, revitalizing 244 acres, spanning three neighborhoods, which is nestled directly between the subject property and the Johns Hopkins Hospital. This $860 million dollar project will include mixed-income housing, multi-family housing, office/retail space, a public school, hotel and 500 parking spaces. 331-343 North Gay offers huge upside potential, given nearby activity and tax incentives.