3701 Eastern Ave | Baltimore, MD 21224
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3701 Eastern Ave
Baltimore, MD 21224
Office Property For Sale
Investment Highlights
- Newly renovated around 10 years ago this updated office building is a perfect owner user or redevelopment opportunity.
Executive Summary
Cushman & Wakefield is pleased to present for sale 3701 Eastern Avenue, a ±13,000 SF redevelopment or investment opportunity zoned for high density mixed-use with supporting parking. Nestled in the center of Brewers Hill, one of the region’s fastest growing and most desirable communities. This property is well suited for an owner-user as it’s being brought to market 100% vacant and underwent a complete gut renovation within the last decade. Brewers Hill is recognized as the go-to neighborhood for young professionals, boasting some of the highest apartment’s rents in the city. This property comes with parking, a rare feature in this parking constrained market.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Office
Property Subtype
Building Size
13,000 SF
Building Class
B
Year Built/Renovated
1957/1999
Price
$1,500,000
Price Per SF
$115
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
6,500 SF
Slab To Slab
15’
Building FAR
1.99
Land Acres
0.15 AC
Zoning
C-1 - Allows for most development types with parking exceptions for uses in some instances.
Parking
20 Spaces (1.54 Spaces per 1,000 SF Leased)
Amenities
- Controlled Access
- Security System
- Wheelchair Accessible
- Kitchen
- Central Heating
- High Ceilings
- Drop Ceiling
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 26-10-6425A-005 | Improvements Assessment | $425,500 |
| Land Assessment | $248,400 | Total Assessment | $673,900 |
PROPERTY TAXES
Parcel Number
26-10-6425A-005
Land Assessment
$248,400
Improvements Assessment
$425,500
Total Assessment
$673,900
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