1 Chase StBaltimore, MD 21202

Property Details for 1 Chase St

Lot size

0.14 AC

Property size (Sq ft)

5,915 SF

Zone code

C-2

Property type

Commercial real estate

APN

11-12-0506 -148

APU

11120506148

Description

This exceptional 774-square-foot executive office suite is located on the 11th floor of a prestigious 13-story building in Baltimore, Maryland's Belvedere neighborhood. Built in 1903 as a prominent hotel and converted to condominiums in 1991, this historic building offers a unique and elegant work environment. The suite boasts stunning views of north Baltimore. The property is zoned C-2 and features ample parking (300 spaces per 1,000 square feet). Low condominium fees include all utilities, a significant advantage for businesses seeking cost-effective solutions. This executive suite offers a spacious layout and can be combined with adjacent units to create a larger, three-room suite. A private conference room is available for meetings and presentations, adding to the suite's functionality and appeal. The building features an exquisite lobby and front desk security, ensuring a professional and secure atmosphere for tenants and their clients. This is a rare opportunity to secure a highly desirable office space in a landmark Baltimore building.

• CAP approach

  CAP return

  Valuation

  6%

  $1,445,470

  6.5%

  $1,334,280

  7%

  $1,238,970

• Comparable approach

  Method

  Valuation

  Relative Method

  $372,113

  Geo Method

  $372,113

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $2,483,750

  Retail / Commercial

  $1,301,670

  Mixed-Use / Specialty

  $1,319,110

  Hospitality / Lodging

  $996,540

  Office

  $1,334,280

  Institutional / Educational

  $1,379,240

  Residential Income

  $1,613,710

  Multifamily

  $1,812,990

  Automotive / Energy

  $1,182,200

  Parking / Income-Based Land

  $386,150

  Restaurant / Food Service

  $733,205

  Healthcare / Senior Housing

  $1,330,080

Location Insight

City

Baltimore

County

Baltimore City

State

Maryland

Latitude

39.3021

Longitude

-76.6155

CBSA code

12580

CBSA name

BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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