443-451-2600
300 E Lombard St, Baltimore, MD for Sale
Office/Residential - FOR SALE
1/31
null | Request Cap Rate

300 E Lombard St
Baltimore, MD 21202
Historic Baltimore


HIGHLIGHTS

  • The property, located in a vibrant area with waterfront views and popular tourist attractions, offers excellent accessibility, being .3 mi from I-83
  • Transforming Neighborhood: With the $1 billion Inner Harbor redevelopment, 300 East Lombard stands to benefit significantly from the area's growth.
  • Potential Upside: The ongoing conversion of obsolete office space to residential, coupled with a strong job market and growing demand for office space
  • This opportunity presents wide tenant appeal by ft. highly functional floor plates of over 16,600 square feet, for both full-floor and multi-floor
  • The property offers a range of on-site amenities, including restaurants, a multi-level indoor parking garage, a gym, and a large conference center
  • The current 4% coupon loan remains in place. The receiver may have the ability to extend the loan & write down the balance to the full purchase price

OVERVIEW

JLL's Mid-Atlantic Capital Markets group is excited to present the exceptional opportunity to acquire 300 East Lombard Street, a 20-story high-rise office tower located in Baltimore’s iconic Inner Harbor. This striking property boasts one of the most prestigious locations in Baltimore City, just 0.2 miles from the National Aquarium. Currently offered as a receivership sale, 300 East Lombard Street features a diverse tenant roster of 21 occupants and includes a potential 10-year lease with the State of Maryland for 51,108 square feet, increasing the building's occupancy from 49% to 66%.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

20

BUILDING CLASS

A

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

165

LAND DETAILS

LAND ACRES

0.5 AC

LAND SF

21,780 SF

ZONING

B-5-2, Baltimore

APN/PARCEL ID

1370-001

ASK ABOUT THIS PROPERTY

443-451-2600

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443-451-2600

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