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407 E Saratoga St - Mixed-Use Parking Garage | I-83 Visibility 46,020 SF Specialty Building Offered For Sale in Baltimore, MD 21202
Investment Highlights
- Impressive 46,020-SF specialty building with ground-level retail and a two-story parking garage boasting ample parking in Downtown Baltimore.
- Rare investment with the ability to generate upside through renovation or transformation with flexible B-5-2 zoning permitting many building uses.
- Convenient accessibility to numerous nearby amenities and situated less than 10 miles from BWI Airport, the busiest airport in the region.
- Strategically positioned with direct access to I-83, with sought-after proximity to M&T Bank Stadium City Hall, Camden Yards, and Mercy Hospital.
- Encircled by a robust community of 515,081 residents living within a 5-mile radius who have a spending power of more than $5.3 billion annually.
- Possible developers could benefit from Baltimore’s High-Performance Tax Credit, which offers a 10-year tax abatement on new improvements and more.
Data Room Click Here to Access
- Offering Memorandum
- Operating and Financials
- Purchase Agreement
- Third Party Reports
- Title and Insurance
- Miscellaneous
Property Facts
| Sale Type | Investment | No. Stories | 3 |
| Property Type | Specialty | Year Built | 1940 |
| Property Subtype | Parking Garage | Parking Ratio | 3.26/1,000 SF |
| Building Class | C | No. Drive In / Grade-Level Doors | 2 |
| Lot Size | 0.59 AC | Opportunity Zone |
Yes
|
| Building Size | 46,020 SF | ||
| Zoning | B-5-2 | ||
| Sale Type | Investment |
| Property Type | Specialty |
| Property Subtype | Parking Garage |
| Building Class | C |
| Lot Size | 0.59 AC |
| Building Size | 46,020 SF |
| No. Stories | 3 |
| Year Built | 1940 |
| Parking Ratio | 3.26/1,000 SF |
| No. Drive In / Grade-Level Doors | 2 |
| Opportunity Zone |
Yes |
| Zoning | B-5-2 |
Amenities
- Air Conditioning
1 1
Exceptionally walkable
90/100
Moderately drivable
60/100
Exceptional public transit
100/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 1303A-010 | Improvements Assessment | $1,179,939 CAD |
| Land Assessment | $701,455 CAD | Total Assessment | $1,881,394 CAD |
Property Taxes
Parcel Number
1303A-010
Land Assessment
$701,455 CAD
Improvements Assessment
$1,179,939 CAD
Total Assessment
$1,881,394 CAD
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407 E Saratoga St - Mixed-Use Parking Garage | I-83 Visibility
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