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111 Water Street

BALTIMORE, MD 21202
  • $2,625,000
  • STATUS: Active
  • ON SITE: 198 Days
  • ID#: MDBA2078694
UPDATED: 146 min ago
$2,625,000
  • 0
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1904
County:

School Ratings & Info

Description

111 Water St. presents a rare opportunity for an owner/user to acquire a building that features 10,980 SF of vacant class A office space. As opposed to investing money to improve a space, a company can utilize this turnkey opportunity to move in and hit the ground running. The current ownership and previous tenant have invested significantly in the space including top of the line finishes and a new elevator system.111 Water Street is located in the heart of the central business district in downtown Baltimore. The neighborhood is home to business professionals who live and work in the area. This building is positioned near the city's most trafficked thoroughfares. The immediate area is home to highly walkable streets, high rise office buildings, and quality residential living - a perfect formula for successful ground level retail and professional office space. In spring 2021, Governor Hogan announced an allocation of $50M to relocate over 3,000 employees to the CBD to the new MD State Complex 3 blocks away, which is sure to strengthen the need for commercial activity in the immediate area.

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©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Executive. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-09-28T23:51:43.63.
www.jessyoungrealestate.com/homes/137710043
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111 Water Street BALTIMORE, MD 21202

  • Price: $2,625,000
  • Status: Active
  • On Site: 198 Days
  • Updated: 146 min ago
  • ID#: MDBA2078694
0
Beds
0
Baths
0
½ Baths
0.15
Acres
1904
Built
County:
Baltimore City
School District:
Baltimore City Public Schools
Property Description
111 Water St. presents a rare opportunity for an owner/user to acquire a building that features 10,980 SF of vacant class A office space. As opposed to investing money to improve a space, a company can utilize this turnkey opportunity to move in and hit the ground running. The current ownership and previous tenant have invested significantly in the space including top of the line finishes and a new elevator system.111 Water Street is located in the heart of the central business district in downtown Baltimore. The neighborhood is home to business professionals who live and work in the area. This building is positioned near the city's most trafficked thoroughfares. The immediate area is home to highly walkable streets, high rise office buildings, and quality residential living - a perfect formula for successful ground level retail and professional office space. In spring 2021, Governor Hogan announced an allocation of $50M to relocate over 3,000 employees to the CBD to the new MD State Complex 3 blocks away, which is sure to strengthen the need for commercial activity in the immediate area.
Exterior Features

Construction Materials Brick Garage YN No Parking Types None Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 31255.00 Cooling Central A/C Heating Central Heating YN Yes Net Square Feet 25004.00

Property Features

Accessibility Features Elevator Assessment Year 2023 Business Type ProfessionalRestaurant/Bar Central Air YN Yes Cooling Fuel Electric Heating Fuel Natural Gas Hot Water Natural Gas Municipality Baltimore City Navigable Water YN N New Construction YN No Number Of Units Total 1 Original MLSNumber 802208612382 Ownership Interest Fee Simple Possession Immediate Property Sub Type Office Sale Type Standard Sewer Public SepticPublic Sewer Tax Annual Amount 21224.00 Tax Assessment Amount 1034267.00 Tax Lot 012 Vacation Rental YN No Water Source Public Zoning C-5To

Listing courtesy of Brexton Commerical, Llc: .


©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Executive. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-09-28T23:51:43.63.
 
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