307 S Eaton St - Office FOR SALE


Baltimore, MD 21224- Highlandtown
$2,350,000 USD
410-952-3290
307 S Eaton St, Baltimore, MD for Sale
$2,350,000 USD
Office - FOR SALE
1/9
null | Request Cap Rate

307 S Eaton St
Baltimore, MD 21224
Highlandtown


OVERVIEW

307 S. Eaton Street is a fully leased investment property located in the vibrant Highlandtown neighborhood of Southeast Baltimore. Zoned IMU-1 (Industrial Mixed Use-1), the property allows for a variety of commercial, industrial, and multifamily uses, offering flexibility for future ownership. The single-story 7,851 SF building is fully leased to two tenants through 2030—Revitalize Mental Health Center and Passen Capital, the current owner, who is willing to terminate their lease if a new owner wishes to occupy the space. Completely redeveloped in 2021, the property features a new Firestone TPO roof with a 20-year warranty, solar panels by Aurora Energy, and new mechanical, electrical, and plumbing systems. The renovation also includes new HVAC, exterior façade, windows, flooring, and sprinklers. The interior buildout offers a modern layout with glass-walled offices, kitchens, conference rooms, and open areas. Additional highlights include 21 gated parking spaces with 2 EV chargers in a private fenced lot. This property presents a turnkey investment with stable income in place and excellent potential for an owner/user or long-term investor. Offered for sale at $2,350,000.

FOR SALE DETAILS

PRICE

$2,350,000 USD

PRICE/SF

$300 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1940

SPRINKLERS

-

PARKING SPACES

21

LAND DETAILS

LAND ACRES

0.44 AC

LAND SF

19,166 SF

ZONING

1-MU-2

APN/PARCEL ID

6311-033

ASK ABOUT THIS PROPERTY

Douglas KaufmanAGM Commercial Real Estate AdvisorsMore Info
410-952-3290

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Douglas KaufmanAGM Commercial Real Estate AdvisorsMore Info
410-952-3290

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