115 W Saratoga St - Storefront Retail/Residential FOR SALE


Baltimore, MD 21201- Historic Baltimore
$250,000 USD
410-977-4711
115 W Saratoga St, Baltimore, MD for Sale
$250,000 USD
Storefront Retail/Residential - FOR SALE
1/84
null | Request Cap Rate

Jul '26


115 W Saratoga St
Baltimore, MD 21201
Historic Baltimore


HIGHLIGHTS

  • Commercial Building in the Heart of Downtown Baltimore
  • Highly Desirable Location
  • Strong Upside Potential

OVERVIEW

GUIDED TOUR THURSDAY, MAY 7TH STARTING AT 12PM *LIST PRICE IS OPENING BID AT ONLINE AUCTION* 115 W Saratoga St – Prime Downtown Baltimore Opportunity Positioned in the heart of downtown Baltimore’s vibrant business district, 115 W Saratoga Street presents a compelling opportunity for investors, owner-users, or boutique office operators seeking a well-located commercial asset. This approximately 5,190± SF building offers flexible space with classic Baltimore charm. Formerly utilized as a law office, ideal for professional services, creative firms, retail, or mixed-use potential. The property’s C-5HT zoning supports a wide range of commercial uses, allowing for adaptability in a rapidly evolving downtown market. The First floor is improved by a reception area, conference room, offices, restrooms, & a patio area- a perfect place to enjoy seasonal blooms, greenery, & fresh air. The second floor includes a reception area, conference room, offices, and restrooms. The gutted third level presents a blank canvas for your vision, complete with a rooftop patio. The lower level offers additional unfinished space with ample storage. Located less than a block from Charles Center and only blocks to Lexington Market, transit hubs, and the inner harbor, the property benefits from exceptional accessibility via Metro Subway, Light Rail, and major bus lines. Surrounded by key landmarks including CFG Bank Arena, the Hippodrome Theatre, and the University of Maryland Baltimore campus, the area draws consistent traffic from professionals, students, and visitors alike. With nearby parking garages and a highly desirable location, 115 W Saratoga Street combines convenience with urban energy. This is a rare chance to secure a foothold in one of Baltimore’s most connected corridors. Make the needed updates and renovations for a strong upside potential through repositioning or long-term hold. Zoning: C-5-HT Downtown Historic and Traditional Subdistrict. (i) The purpose of the C-5-HT Downtown Historic and Traditional Subdistrict is to establish these standards for structures in an area of Downtown containing substantial historic and traditional architecture that has evolved since the founding of the City. (ii) Given the character of that development, this district is designed to require relatively low heights and the use of materials that reflect the existing development context. Per Baltimore City Zoning Code: https://codes.baltimorecity.gov/us/md/cities/baltimore/code/32/10-207#(c)(4)(i) Diligence Package: Copy of the purchase and sale agreement & assorted addenda are located in the documents section. In order to gain access, you must create a free account as well as accept a non-disclosure agreement. Auction Notes: Online Auction Only! Bidding begins Thursday May 7, 2026 & ends Tuesday, May 12, 2026 at 1:00 PM. Online Bidding Notes: The initial deposit must be made via credit card, wire transfer or by Cashier's Check. Please review the online bidding terms and deposit transmittal form in the Documents Section for more details. If a lot receives a bid within the last 3 minutes. it will remain open for an additional 3 minutes. If any further bidding occurs, the extension timer will reset to 3 minutes. If no further bidding activity occurs, the lot closes when the timer runs out.

FOR SALE DETAILS

PRICE

$250,000 USD

PRICE/SF

$38 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

115 W Saratoga St. Baltimore, MD 21201

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Storefront, Storefront Retail/Office, Medical

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

CROSS STREETS

N Park

LAND ACRES

0.07 AC

LAND SF

2,919 SF

ZONING

C-5-HT

APN/PARCEL ID

0599-015

ASK ABOUT THIS PROPERTY

Matt CooperAlex Cooper Auctioneers, Inc.More Info
410-977-4711

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Matt CooperAlex Cooper Auctioneers, Inc.More Info
410-977-4711

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.