304 N Smallwood St
Baltimore, MD 21223

Industrial Property For Sale

INVESTMENT HIGHLIGHTS

  • Infill Location with Easy Access to Major Transportation Routes
  • I-MU Zoning Allows for Many Future Uses or Redevelopment
  • Opportunity Zone Location May Provide Tax Incentives
  • 301 Smallwood Provides Off-Street Parking for Users and Clients
  • Delivered Vacant, Ideal for a User or a Value-Add Investor

EXECUTIVE SUMMARY

Marcus & Millichap is pleased to exclusively represent the ownership in the sale of 301 & 304 North Smallwood Street, Baltimore, Maryland. The 33,411 SF warehouse is located directly across the street from the West Baltimore MARC station on Route-40. A 0.58-acre off-street parking lot located across Smallwood Street is included in the sale. Currently occupied by Bed to Go, a mattress wholesaler, the building will be delivered vacant and is well-suited for a user.
The warehouse property sits on 1.38-acres of I-MU (Industrial Mixed Use) zoned land, providing a flexible array of permitted commercial and industrial uses. Inside the warehouse, there is a 1,712 SF showroom space and 3 open warehouse sections with 10’3” to 11’4” clear heights. There are 3 loading docks, 5 interior roll up doors and 4 bathrooms. Outside, there are 3 curb cut access points from two different streets. Across Smallwood Street, a concrete-paved, off-street parking lot is located at 301 N Smallwood St. The lot features roughly 45 spaces, providing ample parking for a user’s employees and trucks.
Situated directly on Route-40, the property provides direct East-West access to I-695, I-70 and I-95. The Port of Baltimore can be reached in 12-minutes. This strategic location enables efficient distribution and logistics operations, ensuring seamless connectivity for businesses operating from this site.
Bed to Go has operated in the building since 2006 but is now consolidating to other locations in Maryland. In a competitive, low vacancy industrial submarket, this opportunity provides a user the flexibility to tailor a functional warehouse to their specific operational requirements. The location, flexible zoning and versatile layout make it an attractive option for businesses seeking space.

PROPERTY FACTS

Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Distribution
  • Showroom
  • Industrial Service
Building Class C
Lot Size 1.91 AC
Rentable Building Area 33,411 SF
No. Stories 1
Year Built 1946
Tenancy Single
Clear Ceiling Height 11’4”
No. Dock-High Doors/Loading 3
Cross Streets W Franklin St
Opportunity Zone Yes

UTILITIES

  • Heating - Gas

PROPERTY TAXES

ZONING

Zoning Code I-MU (Permits both light industrial uses and a variety of non-industrial uses, such as dwellings, commercial, creating a mixed-use environment.)
  • Listing ID: 28729512

  • Date on Market: 6/12/2023

  • Last Updated:

  • Address: 304 N Smallwood St, Baltimore, MD 21223