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Renovated First-Floor Flex Space

101 N Haven Street # 108, Baltimore, MD 21224

For Sale
Contact for pricing

High ceilings, hardwood flooring, and natural light distinguish this adaptable commercial interior.

Property Size190,000 SF
Price / SF$0.02
Days on Market9

Property Features for 101 N Haven Street # 108

General Information

Standard status Active
Size 190,000 SF
Total Parking Spaces 400
Property subtype Commercial
Zoning IMU-2
Lease Term Negotiable

Site & Location

Neighborhood Kresson
Highway Access Yes

Additional Details

Property Use Flex/Office

Amenities

24-hour swipe card entry
audio/video surveillance
fitness facility
courtyard with grill and lounge areas
Natural Gas
Yes
1260
Public
1.21
No
Assessor
Parking Lot
400
71372.00

Building Details

Year Built 1900
Building Size 190,000 SF
Listing Agency: Cummings & Co. Realtors
Listed By: Kathy M Townsend · License MD #507416
Source: Thetristaterealestategroup
Added: Nov 3 Changed: Nov 10 Last Checked: Nov 10 at 5:57AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cummings & Co. Realtors

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This first-floor flex space occupies a renovated post-industrial building and features high ceilings, hardwood floors, and natural light. Its layout is suited to flexible office or retail configurations. The property is zoned IMU-2, and the building includes high-efficiency mechanical systems, energy-efficient windows and lighting, and ADA-compliant common-area restrooms. Access is controlled by 24-hour swipe-card entry, with audio and video surveillance also in place.

The building is at 101 N Haven Street in Baltimore’s Highlands area, north of Eastern Avenue and Highlandtown. On-site amenities include a fitness facility, courtyard, and lounge areas, with restaurants, breweries, fitness options, shopping, parks, and green space in the surrounding area. The property offers gated electronic parking and access to Interstates 895 and 95 and Route 40, as well as connections to Downtown Baltimore, Johns Hopkins Hospital, and Johns Hopkins Bayview Medical Center.

Key Highlights

  • First‑floor flex space with high ceilings, hardwood floors, and natural light
  • IMU‑2 zoning
  • 24‑hour swipe‑card building entry and audio/video surveillance

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$394,068
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,881,360 $7.9M
Cap Rate 7%
$5,629,543 $5.6M
Cap Rate 9%
$4,378,533 $4.4M
Market Conditions
NOI Build-Up for 71,372 SF
Gross rent
$599.5K $8.40/SF
− Vacancy
−$36.6K −$0.51/SF
EGI
$563.0K $7.89/SF
− OpEx
−$168.9K −$2.37/SF
NOI
$394.1K $5.52/SF
Area
ZIP 21224
Vacancy
6.10%
Lease Rate
$8.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,881,360
Cap Rate 7%
$5,629,543
Cap Rate 9%
$4,378,533

Alternative Uses

Best Use
Flex RnD
$9.51M
$8.32M – $11.10M (±1% cap)
NOI $665,815 @ 7.0% cap
Second Best
Industrial
$5.63M
$4.93M – $6.57M (±1% cap)
NOI $394,068 @ 7.0% cap
Theoretical Best
Office A
$17.10M
$14.96M – $19.95M (±1% cap)
NOI $1,196,912 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

District Office of Maryland ... State Government Office Baltimore Underground Science ... Training Center Storia Video Film Production Digital Empath Studios Recording Studio

Suggested Use

Top Pick Dental Office Real Estate Agency Building Supply Law Firm Big Box & Wholesale Store Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,488
Businesses Nearby
Under-served
Demand for This Use

Demographics for 21224, MD

54,266
Population
23,433
Households
2.3
Avg Household Size
33
Median Age
50%
College-Educated
85%
High-School Grad
9.3 sq mi
ZIP Area
5,835
Density / Sq Mi
$86,209
Median Household Income
$63,556
Median Earnings
$1,782
Median Rent
$281,400
Median Home Value

Market

Average Price Trend$/SF for Flex space in Baltimore, MD

$111 Jul
$117 Aug
$132 Sep
$126 Oct

Properties on Market for Flex space in Baltimore

Jul
Aug
Sep
Oct

Vacancy Rate% for Industrial in Baltimore, MD

6.4% 2019
5.9% 2020
2.6% 2021
3% 2022
3% 2023
7.6% 2024
8.8% 2025

Similar Off Market Nearby

  • Tiffany East Catering — 4116 E Lombard St, Baltimore, MD 21224
  • Normandy Room — 4116 E Lombard St, Baltimore, MD 21224

Frequently Asked Questions

What type of property is this?
Flex space - High ceilings, hardwood flooring, and natural light distinguish this adaptable commercial interior.
Where is this flex space located?
The property is located at 101 N Haven Street # 108 Baltimore, MD.
What are key features of this property?
This property features: First‑floor flex space with high ceilings, hardwood floors, and natural light; IMU‑2 zoning; 24‑hour swipe‑card building entry and audio/video surveillance
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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