307 W Baltimore St - Loft/Creative Space FOR SALE


Baltimore, MD 21201
$1,990,000 USD
443-806-9344
307 W Baltimore St, Baltimore, MD for Sale
$1,990,000 USD
Loft/Creative Space - FOR SALE
1/37
null | Request Cap Rate

307 W Baltimore St
Baltimore, MD 21201


HIGHLIGHTS

  • One-of-a-kind opportunity to acquire the iconic Faust Brothers Building featuring a substantial tenant base and excellent accessibility.
  • Benefit from a significantly occupied property with transformative restoration, and noteworthy owner/user opportunities.
  • Within Baltimore's Historic Bromo Arts District, presenting a wealth of shopping, dining, theater, galleries, and entertainment destinations.
  • Conveniently accessible to the adjacent Light Rail and Marc Train stops, MTA Baltimore, 2 commercial parking garages, and Interstate 395.
  • Located immediately adjacent to the new renovated CFG Bank area.

OVERVIEW

Faust Brothers Building at 307 West Baltimore Street offers the opportunity to own a prominent office building boasting a rich history in a buzzing Baltimore neighborhood. Originally built in 1870, the Faust Brothers Building is one of fewer than a dozen cast-iron front buildings remaining in the city and the only known building with two cast-iron facades. This historic 36,625-square-foot property comprises five floors of office space, from coworking to professional office, along with a ground-level medical office and a basement-level artist studio. Faust Brothers Building is significantly occupied by a diverse tenant mix, including Accent Coworking, an event space, healthcare professionals, and a prominent art studio. The recently renovated property is in incredible condition and has room for owner/user opportunities. Investors will benefit from remarkable building improvements and an exceptional downtown location. Current ownership has transformed the iconic property into a hub of artistic innovation for artists, designers, and performers alongside a robust coworking destination, providing solopreneurs, hybrid workplace employees, and growing businesses with shared spaces and dedicated areas to collaborate and work in a modern environment. Positioned in the heart of the Bromo Arts District, the Faust Brothers Building provides easy accessibility and convenience in a high-energy neighborhood. The property is near Light Rail and Marc Train access, MTA Baltimore, surface and secured parking garages, and has on-site bike parking. The University of Maryland and the VA & Maryland Medical Systems are within two blocks of the building. Baltimore's Historic Westside has recently undergone a period of revitalization and economic development, blending old-world character with modern energy, creating a vibrant center of business and culture for the Mid-Atlantic region. This area, known as the Bromo Arts District, is full of exceptional entertainment and dining options, including the newly renovated Lexington Market, the CFG Bank Arena, the Hippodrome Theater, and the Everyman Theater. Camden Yards is also close at hand, putting sports and arts/entertainment fans just a few blocks from the action.

FOR SALE DETAILS

PRICE

$1,990,000 USD

PRICE/SF

$61 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

307 W. Baltimore Street

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

6

BUILDING CLASS

B

YEAR BUILT

1875

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

C5-DC

APN/PARCEL ID

04-10-0643-009

ASK ABOUT THIS PROPERTY

Terri HarringtonHarrington Commercial Real Estate Services, LLCMore Info
443-806-9344

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Terri HarringtonHarrington Commercial Real Estate Services, LLCMore Info
443-806-9344

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