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Vacant Value-Add | 8-Unit Setup | Parking 211 E 25th St 465 m² Inoccupé Bureau Vente aux enchères en ligne Baltimore, MD 21218
Informations principales sur l'investissement
- Fully vacant 5,000 SF value-add asset delivered with immediate control.
- Eight rear parking spaces in a walkable Midtown / Charles Village location.
- Prior tenancy generated approximately $67,265 annually, providing historical income context.
- Existing 8-unit infrastructure with separate electric meters and individual HVAC systems.
- OR-1 zoning with R-MU overlay supports office, residential, and mixed-use strategies.
- 2015 roof replacement plus 2023 skylight and partial window upgrades.
Résumé analytique
The building is configured with existing 8-unit infrastructure, separate electric meters, and individual HVAC systems, which may help reduce repositioning complexity compared to a traditional vacant shell. The property also includes eight rear parking spaces, a meaningful amenity in this walkable urban location.
The property is zoned OR-1 with an R-MU overlay, supporting office, residential, and mixed-use strategies. Buyers should independently verify zoning, use, permitting, and conversion requirements.
Originally configured for residential use and most recently occupied by a behavioral health clinic, the asset previously generated approximately $67,265 in annual income under prior tenancy, providing historical income context for future lease-up potential.
Prior capital improvements include a 2015 roof replacement, as well as skylight and partial window upgrades completed in 2023.
Located near Charles Village, Old Goucher, Station North, Johns Hopkins University, MICA, Penn Station, and I-83, the asset is well-positioned for investors seeking a vacant value-add opportunity with multiple execution strategies.
Property tours are available by appointment. Contact the listing broker to schedule access, 443-865-3941 or david@realmarkets.com
Visites 3D Matterport
Data room Cliquez ici pour accéder à
- Operating and Financials
- Purchase Agreement
- Title and Insurance
Analyses du marché Cliquez ici pour accéder à
Informations sur l’immeuble
À propos du quartier Baltimore Midtown
Midtown is one of Baltimore’s most rapidly gentrifying areas. Spanning from Mount Vernon up to the edges of Johns Hopkins University and Druid Hill Park, the neighborhoods encompassing it have experienced tremendous revitalization in recent years. Coupled with an uptick in community engagement, there are increasingly more opportunities here for office tenants.
Several projects are in the works that have the potential to be game changers for the area as a whole. In the heart of Midtown, the renovation of Penn Station is slated to bring more than 1.5 million square feet of office, retail, and multifamily space in the next five years. The project was awarded $3 million in historic tax credits in 2019 and got Opportunity Zone investment early in 2020 from a fund linked to Fells Point-based Brown Advisory. Couple that with the 2022 completion of City House Charles, a mixed-use development featuring ground-floor retail and high-quality office space, and the office inventory is modernizing.
Farther north, the Old Goucher, Remington, and Charles Village neighborhoods are leading local gentrification. These areas are tight knit and have a vested stake in the advancement of civic initiatives. Commercial development has been on the rise there over the past decade, sparked by the arrival of the mixed-use project known as Remington Row in 2016. The project includes 108 multifamily units and 45,000 square feet of office space. Another cornerstone in this burgeoning live/work/play area was the opening of Faddensonnen by famed restaurateur Lane Harlan.
Baltimore Midtown’s office market benefits from its proximity to downtown and offers an affordability factor not typically seen in other city-based office nodes. As such, average asking rents are typically significantly less expensive than those within the CBD, largely owing to Midtown’s smaller, aging stock of office product.
Données démographiques
Données démographiques
Conseiller en vente
Conseiller en vente
David Lowry, Director, Commercial Accelerated Sales
David a joué un rôle crucial dans l'identification de plus d'un milliard de dollars d'opportunités immobilières commerciales en ligne dans diverses classes d'actifs, telles que les bureaux, les logements multifamiliaux, la vente au détail, l'hôtellerie, l'industrie et les terrains. Au cours de son mandat de directeur principal de Ten-X, il a assuré un taux de vente élevé de 98 %, soit l'un des taux de transaction les plus élevés du secteur des enchères en ligne. Avant de rejoindre l'équipe RealMarkets, David a occupé le poste de responsable du marketing accéléré national pour Coldwell Banker Commercial (CBC).
En tant que spécialiste des ventes commerciales accélérées, la mission de David est d'aider les courtiers, les prêteurs, les propriétaires et les acheteurs à atteindre leurs objectifs avec facilité, efficacité et transparence. Son expertise en matière de stratégies de vente accélérées et de technologie CRE fait de lui un atout précieux pour naviguer dans le paysage dynamique de l'immobilier commercial. Les compétences de David en matière de planification stratégique, d'analyse de marché et de marketing en ligne, associées à ses excellentes compétences en matière de communication et de négociation, ont fait de lui la personne de référence pour les transactions immobilières commerciales en ligne.
À propos de la technologie des enchères
Contact pour les enchères
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Vacant Value-Add | 8-Unit Setup | Parking | 211 E 25th St
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Vacant Value-Add | 8-Unit Setup | Parking | 211 E 25th St
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