Two-Level Office Unit with
For Sale
Contact for pricing
1025 CATHEDRAL STREET, Baltimore, MD 21201
A compact office layout includes a lower-level kitchenette and additional parking beside a detached garage.
Property Size1,100 SF
Price / SF$1.50
Days on Market10
Property Features for 1025 CATHEDRAL STREET
General Information
Standard status
Active
Size
1,100 SF
Property subtype
Commercial
Site & Location
Neighborhood
Mount Vernon
Additional Details
Property Use
Office
Building Details
Year Built
1900
Stories
2
Listing Agency:
Cummings & Co. Realtors
(410) 823-0033
Listed By:
Kelly McDevitt · License #631737
(443) 695-0733
Source:
Cummingsrealtors
Added: Oct 20
Changed: Oct 27
Last Checked: Oct 28 at 7:25AM
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
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Investment Insights
Based on property information with market context.
This two-level office unit offers 1,100 square feet of finished space, with a bathroom on each floor. A small kitchenette is located downstairs, and large windows bring natural light into the main-level office. The property also includes a detached garage, a breezeway connecting the garage and office building, and parking in front of the garage door.
Key Highlights
- 1,100 square feet across two finished levels
- Bathroom on each level
- Lower‑level kitchenette
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,293
Suggested Prices Based on Cap Rates
Cap Rate 5%
$305,860
$305.9K
Cap Rate 7%
$218,471
$218.5K
Cap Rate 9%
$169,922
$169.9K
Market Conditions
NOI Build-Up for 1,100 SF
Gross rent
$24.4K $22.20/SF
− Vacancy
−$4.0K −$3.66/SF
EGI
$20.4K $18.54/SF
− OpEx
−$5.1K −$4.63/SF
NOI
$15.3K $13.90/SF
Area
Baltimore, MD
Vacancy
16.50%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$305,860
Cap Rate 7%
$218,471
Cap Rate 9%
$169,922
Alternative Uses
Best Use
Office B
$218.5K
$191.2K – $254.9K
NOI $15,293 @ 7.0% cap · market cap 926.85%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$263.5K
$230.6K – $307.5K
NOI $18,447 @ 7.0% cap · market cap 1,118.00%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
4,545
Businesses Nearby
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Business Placement
Demographics for 21201, MD
18,382
Population
11,468
Households
1.6
Avg Household Size
34
Median Age
47%
College-Educated
90%
High-School Grad
1.3 sq mi
ZIP Area
14,140
Density / Sq Mi
$44,722
Median Household Income
$44,239
Median Earnings
$1,282
Median Rent
$221,900
Median Home Value
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Market
Vacancy Rate% for Office in Baltimore, MD
Frequently Asked Questions
What type of property is this?
Office unit - A compact office layout includes a lower-level kitchenette and additional parking beside a detached garage.
Where is this office unit located?
The property is located at 1025 CATHEDRAL STREET Baltimore, MD.
What are key features of this property?
This property features: 1,100 square feet across two finished levels; Bathroom on each level; Lower‑level kitchenette
