2001 Elgin Ave - Office FOR SALE


Baltimore, MD 21217- Mondawmin
$2,200,000 USD
410-419-6000
2001 Elgin Ave, Baltimore, MD for Sale
$2,200,000 USD
Office - FOR SALE
1/7
null | Request Cap Rate

2001 Elgin Ave
Baltimore, MD 21217
Mondawmin


HIGHLIGHTS

  • Flexible IMU zoning supports industrial, residential, and commercial uses
  • Located near Coppin State University and Douglass High School
  • 1.69-acre site with strong redevelopment potential
  • Competitive pricing at $2.2M for over 37,000 SF of space
  • Excellent access to major Baltimore thoroughfares and transit

OVERVIEW

Positioned in the heart of Baltimore’s dynamic urban core, 2001 Elgin Avenue offers a rare opportunity to acquire a versatile industrial mixed-use property with both office and warehouse components. Spanning over 37,000 square feet on 1.69 acres, this asset is ideally suited for owner-users, investors, or developers seeking a foothold in a rapidly evolving corridor. The IMU zoning allows for a broad range of uses—from light industrial operations to residential and commercial development—making this a flexible investment in a market with growing demand for adaptive reuse and mixed-use environments. The warehouse portion comprises approximately 28,000 square feet, while the office space adds another 7,100 square feet, providing ample room for operations, administration, and logistics. The site’s proximity to Coppin State University and Douglass High School enhances its visibility and access to a skilled workforce. Additionally, the property benefits from nearby arterial roads and public transit options, ensuring seamless connectivity throughout Baltimore and beyond. With a competitive asking price of $2,200,000, this property presents a compelling value proposition for buyers seeking scale, location, and zoning flexibility. Whether for continued industrial use or repositioning into a hybrid commercial concept, 2001 Elgin Avenue is a strategic acquisition in a city known for its innovation and redevelopment momentum.

FOR SALE DETAILS

PRICE

$2,200,000 USD

PRICE/SF

$59 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

State Farm Claims Center

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1981

SPRINKLERS

-

PARKING SPACES

188

LAND DETAILS

LAND ACRES

1.7 AC

LAND SF

74,052 SF

ZONING

IMU

APN/PARCEL ID

3269-021

ASK ABOUT THIS PROPERTY

Robert E. Latshaw JrLatshaw CommercialMore Info
410-419-6000

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

Robert E. Latshaw JrLatshaw CommercialMore Info
410-419-6000

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