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Baltimore Warehouse/Development Opportunity
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1020 W Pratt St, Baltimore, MD 21223

43,000+ SF building suitable for warehouse, office, or multifamily.

Property Size43,371 SF
Price / SF$46.11
Days on Market1053

Property Features for 1020 W Pratt St

General Information

Standard status Active
Size 43,371 SF
Class B
Property subtype Office
Zoning IMU-1

Building Details

Year Built 1920
Stories 3
Listing Agency: Clarity Commercial Real Estate
Listed By: Doug Kaufman · License #MD 608202
Source: Crexi
Added: Sep 22, 2023 Changed: Aug 8 Last Checked: Aug 9 at 5:29AM

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 Clarity Commercial Real Estate

Investment Insights

Based on property information with market context.

This property presents a development opportunity or can be utilized for storage and warehousing. The existing building offers over 43,000 square feet of above-grade space, complemented by an additional 13,000 square feet in the basement. The IMU-1 zoning designation accommodates a diverse range of uses, including multifamily residential, office spaces, warehousing, and self-storage facilities. The property benefits from its proximity to major transportation routes, including I-395, I-295, I-95, and Route 40, facilitating convenient access. It is also located near the University of Maryland BioPark and Hospital campus, Hollins Market, PigTown, Camden Yards, and TopGolf.

Key Highlights

  • IMU‑1 zoning allows for a wide variety of uses including multi‑family, office, warehouse, self‑storage, etc.
  • Over 43,000sf of above‑grade space with an additional 13,000sf in the basement.
  • Excellent road transportation access via I‑395, I‑295, I‑95, and Route 40.

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Bakery Pet Grooming Service Plumbing Service Clothing & Fashion Store Carpet & Flooring Store

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

Location Intelligence

Trade Area within ½ mile

3,712
Businesses Nearby
Balanced
Demand for This Use

Demographics for 21223, MD

20,438
Population
13,034
Households
1.6
Avg Household Size
37
Median Age
12%
College-Educated
75%
High-School Grad
2.6 sq mi
ZIP Area
7,861
Density / Sq Mi
$41,828
Median Household Income
$33,367
Median Earnings
$1,110
Median Rent
$93,700
Median Home Value

Market

Vacancy Rate% for Office in Baltimore, MD

12.4% 2019
13.1% 2020
13% 2021
14.5% 2022
17.1% 2023
16.3% 2024
17.2% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Public Storage 1415 Russell St, Baltimore, MD 21230
  • WareWorks Flex Warehouse Space 2050 Washington Blvd, Baltimore, MD 21230
  • Public Storage 1541 Ridgely St, Baltimore, MD 21230
  • Extra Space Storage 1018 South Paca St, Baltimore, MD 21230
  • U-Store 1450 Russell St, Baltimore, MD 21230

Frequently Asked Questions

What type of property is this?
Warehouse - 43,000+ SF building suitable for warehouse, office, or multifamily.
Where is this warehouse located?
The property is located at 1020 W Pratt St Baltimore, MD.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: IMU‑1 zoning allows for a wide variety of uses including multi‑family, office, warehouse, self‑storage, etc.; Over 43,000sf of above‑grade space with an additional 13,000sf in the basement.; Excellent road transportation access via I‑395, I‑295, I‑95, and Route 40.
More about this property
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