304 N Smallwood St - Warehouse FOR SALE


Baltimore, MD 21223- Lexington
$1,350,000 USD
301-221-5322
304 N Smallwood St, Baltimore, MD for Sale
$1,350,000 USD
Warehouse - FOR SALE
1/5
null | Request Cap Rate

304 N Smallwood St
Baltimore, MD 21223
Lexington


HIGHLIGHTS

  • Infill Location with Easy Access to Major Transportation Routes
  • 301 Smallwood Provides Off-Street Parking for Users and Clients
  • I-MU Zoning Allows for Many Future Uses or Redevelopment
  • Delivered Vacant, Ideal for a User or a Value-Add Investor
  • Opportunity Zone Location May Provide Tax Incentives

OVERVIEW

Marcus & Millichap is pleased to exclusively represent the ownership in the sale of 301 & 304 North Smallwood Street, Baltimore, Maryland. The 33,411 SF warehouse is located directly across the street from the West Baltimore MARC station on Route-40. A 0.58-acre off-street parking lot located across Smallwood Street is included in the sale. Currently occupied by Bed to Go, a mattress wholesaler, the building will be delivered vacant and is well-suited for a user. The warehouse property sits on 1.38-acres of I-MU (Industrial Mixed Use) zoned land, providing a flexible array of permitted commercial and industrial uses. Inside the warehouse, there is a 1,712 SF showroom space and 3 open warehouse sections with 10’3” to 11’4” clear heights. There are 3 loading docks, 5 interior roll up doors and 4 bathrooms. Outside, there are 3 curb cut access points from two different streets. Across Smallwood Street, a concrete-paved, off-street parking lot is located at 301 N Smallwood St. The lot features roughly 45 spaces, providing ample parking for a user’s employees and trucks. Situated directly on Route-40, the property provides direct East-West access to I-695, I-70 and I-95. The Port of Baltimore can be reached in 12-minutes. This strategic location enables efficient distribution and logistics operations, ensuring seamless connectivity for businesses operating from this site. Bed to Go has operated in the building since 2006 but is now consolidating to other locations in Maryland. In a competitive, low vacancy industrial submarket, this opportunity provides a user the flexibility to tailor a functional warehouse to their specific operational requirements. The location, flexible zoning and versatile layout make it an attractive option for businesses seeking space.

FOR SALE DETAILS

PRICE

$1,350,000 USD

PRICE/SF

$40 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Distribution, Showroom, Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1946

UTILITIES

Heating - Gas

CLEAR CEILING HT

11.333333333333334 Ft

DOCKS

3

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.91

LAND SF

83,200

ZONING

I-MU

APN/PARCEL ID

2157-005

ASK ABOUT THIS PROPERTY

Bryn MerreyMarcus & MillichapMore Info
301-221-5322

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Bryn MerreyMarcus & MillichapMore Info
301-221-5322

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