This exceptional 43,371 square foot, three-story Class B office building at 1020 W. Pratt Street in Baltimore, MD 21223 presents a compelling investment opportunity. Currently vacant, this property offers significant potential for redevelopment or continued use as a warehouse or office space. Built in 1920, the building boasts IMU-1 zoning, allowing for a diverse range of uses including multi-family residential, office space, warehouse facilities, and self-storage. The expansive footprint includes over 43,000 square feet above grade, complemented by an additional 13,000 square feet of basement space. The asking price is $2,000,000. Its strategic location provides excellent access to major roadways including I-395, I-295, I-95, and Route 40, placing it within easy reach of the University of Maryland BioPark and Hospital campus. Furthermore, the property benefits from its proximity to thriving neighborhoods such as Hollins Market, PigTown, Camden Yards, and TopGolf, reflecting a rapidly developing area with significant investment and redevelopment activity surrounding the property, including the billion-dollar University of Maryland BioPark, the revitalization of Hollins Market and the B&O Railroad Museum, and the ongoing growth of Pig Town and Carroll-Camden. This presents a unique chance to capitalize on the area's upward trajectory.
Highlights
43,371 SF, three-story Class B office building in Baltimore, MD.
Currently vacant, offering redevelopment or continued use potential.
IMU-1 zoning allows for multi-family, office, warehouse, and self-storage uses.
Features over 43,000 SF above grade and 13,000 SF of basement space.
Asking price: $2,000,000.
Excellent access to I-395, I-295, I-95, and Route 40, near University of Maryland BioPark.
Office property - 43,000 SF Office/Warehouse, Vacant, $2M
Where is the office property located?
The property is located at 1020 Pratt St Baltimore, MD.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: 43,371 SF, three-story Class B office building in Baltimore, MD.; Currently vacant, offering redevelopment or continued use potential.; IMU-1 zoning allows for multi-family, office, warehouse, and self-storage uses.
How can I contact the broker?
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Pratt St Baltimore, MD 21223
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
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1020 Pratt St
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