For Sale
$6,000,000

25 Calvert StBaltimore, MD 21202

Prime location, permitted hotel development

Overview

Added:
Dec 11, 2024
Days on market:
124
This exceptional 0.16-acre commercial land parcel, located at 25 S Calvert St, Baltimore, MD 21202, presents a unique investment opportunity. Situated in the heart of downtown Baltimore, this site boasts a prime location within a dense urban market, benefiting from proximity to numerous demand generators. The property has already received all necessary approvals for the construction of a 14-story, 151-key Hilton Garden Inn, featuring approximately 87,956 square feet of building space. Foundation work has been completed, significantly reducing the time and cost associated with starting construction. This turnkey project offers a substantial advantage to investors and developers seeking a swift path to completion. The site's convenient location is further enhanced by its proximity to Baltimore International Airport (10 miles) and the Baltimore Metro transit system, ensuring excellent accessibility. Furthermore, the prestigious John Hopkins University is just 4.5 miles away, adding to the site's appeal and potential for strong occupancy rates. The asking price for this exceptional opportunity is $6,000,000. This is a rare chance to acquire a permitted hotel development site in a thriving urban environment, ready for immediate development. Don't miss this chance to capitalize on a pre-approved project in a high-demand location.

Highlights

  • Excellent location in a high-density urban area with strong demand drivers.
  • 10-mile proximity to Baltimore International Airport.
  • Transit-oriented development served by the Baltimore Metro.
  • 4.5 miles from Johns Hopkins University.

Property Details for 25 Calvert St

Property type
Land
Lot Size (sq. ft)
6,970 SF

Location Insight

City
Baltimore
County
Baltimore City
State
Maryland
Latitude
39.2883762
Longitude
-76.6117759
25 Calvert St, Baltimore, Maryland

FAQs

What type of property is this?
Land - Prime location, permitted hotel development
Where is the land located?
The property is located at 25 Calvert St Baltimore, MD.
What is the asking price?
The asking price for this property is $6,000,000.
What are key features of this property?
This property features: Excellent location in a high-density urban area with strong demand drivers.; 10-mile proximity to Baltimore International Airport.; Transit-oriented development served by the Baltimore Metro.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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25 Calvert St
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