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125 E Baltimore St
Baltimore, MD 21202

Alex Brown Multifamily Redevelopment · Office Property For Sale

Investment Highlights

  • Distinct opportunity for Multifamily Redevelopment in The Heart of The Central Business District
  • Opportunity Zone allows for the potential of a “net zero” tax impact from a prior disposition if your investment remains in-place for over 10 years.
  • Elevator In The Property (Reducing Future Development Costs)
  • Ability to Cater to Renters seeking Affordable Luxury Apartments, absent of amenities, and below Class A Averages in the market which are near $1,600
  • The Enterprise Zone Tax Credit is a 10-year credit against local real property taxes based upon capital improvements made to the building(s).
  • High visibility with superior proximity to mass transportation and the area’s top demand generators due it’s location in the heart of Baltimore's CBD.

PROPERTY FACTS

Property Type
Office
Building Size
27,756 SF
Building Class
B
Year Built/Renovated
1906/1988
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
9,252 SF
Slab To Slab
10’
Building FAR
3.00
Lot Size
0.21 AC
Zoning
C-5 - C-5, which allows for a variety of uses including multifamily, retail, and office.

Amenities

  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0649-009
Land Assessment
$462,600
Improvements Assessment
$685,100
Total Assessment
$1,147,700
  • Listing ID: 24333493

  • Date on Market: 10/20/2021

  • Last Updated:

  • Address: 125 E Baltimore St, Baltimore, MD 21202

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