About 111 Water St
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.
Features of 111 Water St
| MLS® # | MDBA2078694 |
|---|---|
| Price | $2,625,000 |
| Bathrooms | 0.00 |
| Square Footage | 25,004 |
| Acres | 0.15 |
| Year Built | 1904 |
| Type | Commercial Sale |
| Sub-Type | Office |
| Status | Active |
Community Information
| Address | 111 Water St |
|---|---|
| City | BALTIMORE |
| County | BALTIMORE CITY-MD |
| State | MD |
| Municipality | Baltimore City |
| Zip Code | 21202 |
Amenities
| Is Waterfront | No |
|---|
Interior
| Heating | Central |
|---|---|
| Cooling | Central A/C |
| Has Basement | No |
| Fireplace | No |
Exterior
| Exterior | Brick and Siding |
|---|
School Information
| District | BALTIMORE CITY PUBLIC SCHOOLS |
|---|
Additional Information
| Date Listed | March 14th, 2023 |
|---|---|
| Days on Market | 7 |
| Zoning | C-5TO |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Brexton Commerical, LLC |
|---|