1149 Watson St
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1149 Watson St
16,305 SF Vacant Industrial Building Baltimore, MD 21202 $1,400,000 ($86/SF)
Investment Highlights
- Located just off South Central Avenue (between Baltimore and Lombard).
- Convenient access to I-83N and downtown Baltimore.
Executive Summary
Available for immediate sale. Current partial tenant is on a month-to-month lease. Lease can be assumed or tenant removed per Buyer preference.
Warehouse of 16,305 sq. ft. +/- (inclusive of office area and 2nd floor storage).
Property land area = 12,240 sq. ft. +/- (inclusive of 2109 sq. ft. paved and fenced parking).
Building which has 6 drive in doors, 12 and 20 foot clear ceilings.
Three restroom facilities.
Portion of premises is subject to current tenant whose month-to-month lease will be maintained/terminated as buyer prefers.
Nearby and to the northeast is Johns Hopkins Hospital. Property is to the north of Little Italy area. Property's westerly border adjoins the Jewish Museum of Maryland.
Long term infrastructure improvements and development along S. Central Avenue assures convenient access to Baltimore's premier district known as Harbor East.
Warehouse of 16,305 sq. ft. +/- (inclusive of office area and 2nd floor storage).
Property land area = 12,240 sq. ft. +/- (inclusive of 2109 sq. ft. paved and fenced parking).
Building which has 6 drive in doors, 12 and 20 foot clear ceilings.
Three restroom facilities.
Portion of premises is subject to current tenant whose month-to-month lease will be maintained/terminated as buyer prefers.
Nearby and to the northeast is Johns Hopkins Hospital. Property is to the north of Little Italy area. Property's westerly border adjoins the Jewish Museum of Maryland.
Long term infrastructure improvements and development along S. Central Avenue assures convenient access to Baltimore's premier district known as Harbor East.
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
| Price | $1,400,000 | Lot Size | 0.28 AC |
| Price Per SF | $86 | Rentable Building Area | 16,305 SF |
| Sale Type | Investment or Owner User | No. Stories | 2 |
| Property Type | Industrial | Year Built/Renovated | 1960/2006 |
| Property Subtype | Warehouse | Parking Ratio | 0.37/1,000 SF |
| Building Class | C | No. Drive In / Grade-Level Doors | 6 |
| Price | $1,400,000 |
| Price Per SF | $86 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.28 AC |
| Rentable Building Area | 16,305 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1960/2006 |
| Parking Ratio | 0.37/1,000 SF |
| No. Drive In / Grade-Level Doors | 6 |
Amenities
- Signage
- Smoke Detector
Utilities
- Heating - Gas
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Walk Score ®
Walker's Paradise (94)
Transit Score ®
Rider's Paradise (99)
Bike Score ®
Very Bikeable (78)
PROPERTY TAXES
| Parcel Number | 1365-043 | Improvements Assessment | $0 (2024) |
| Land Assessment | $0 (2024) | Total Assessment | $407,867 (2024) |
PROPERTY TAXES
Parcel Number
1365-043
Land Assessment
$0 (2024)
Improvements Assessment
$0 (2024)
Total Assessment
$407,867 (2024)
zoning
| Zoning Code | M-1-3 (Commercial - Mixed Use) |
| M-1-3 (Commercial - Mixed Use) |
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Daniel V. Schmitt, LLC
1149 Watson St
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