Log In/Sign Up
Your email has been sent.
115 W Saratoga St. Baltimore, MD 21201 115 W Saratoga St 6,180 SF 100% Leased Retail Building Baltimore, MD 21201 $342,500 CAD ($55.42 CAD/SF)
Investment Highlights
- Commercial Building in the Heart of Downtown Baltimore
- Strong Upside Potential
- Highly Desirable Location
Executive Summary
*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.
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.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
6,180 SF
Building Class
C
Year Built
1900
Price
$342,500 CAD
Price Per SF
$55.42 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.12
Lot Size
0.07 AC
Opportunity Zone
Yes
Zoning
C-5-HT - C-5-HT Downtown Historic and Traditional Subdistrict.
Frontage
21’ on Saratoga St
Amenities
- Courtyard
Exceptionally walkable
100/100
Fairly drivable
50/100
Exceptional public transit
100/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 0599-015 | Improvements Assessment | $159,879 CAD |
| Land Assessment | $159,879 CAD | Total Assessment | $319,758 CAD |
Property Taxes
Parcel Number
0599-015
Land Assessment
$159,879 CAD
Improvements Assessment
$159,879 CAD
Total Assessment
$319,758 CAD
1 of 85
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
115 W Saratoga St. Baltimore, MD 21201 | 115 W Saratoga St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.