1020 Pratt StBaltimore, MD 21223

Property Details for 1020 Pratt St

Year built

1925

Construction

BRICK

Lot size

0.36 AC

Property size (Sq ft)

46,710 SF

Zone code

R-8

Property type

Manufacturing properties

APN

18-08-0251 -032

APU

18080251032

Description

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.

• Alternative Use

  Use

  Valuation

  Residential

  $11,528,286

  Hospitality

  $10,559,848

  Educational

  $8,785,669

  Medical

  $9,087,822

  Retail

  $13,666,597

Location Insight

City

Baltimore

County

Baltimore City

State

Maryland

Latitude

39.2859

Longitude

-76.6347

CBSA code

12580

CBSA name

BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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