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    216 E Lexington St Baltimore, MD 21202

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    For Sale
    $698,000

    Five-story office building in excellent condition, ideal for user/buyer.

    Property size:
    6,253 SF
    Lot size:
    0.04 Acres

    Property Features for 216 E Lexington St

    General Information

    Size
    6,253 SF
    Lot size
    0.04 Acres

    Source: MacKenzie Commercial Real Estate | Baltimore Agent James "Jim" Grieves, Jr.

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Five-Story Office Building For Sale

    The property at 216 East Lexington Street is a 5-story brick office building available for sale or lease in Baltimore, Maryland. The building is in excellent condition and offers 6,253 square feet of space. The layout includes eleven private offices and bull pen work spaces for additional work areas. Large conference rooms are located on the first and fourth floors. Situated next door to the city courthouse and four blocks from the inner harbor, this building presents a user/buyer opportunity with the ability to lease out the lower level.
    Insight Report Location Intelligence

    Current Use by Public Records

    Annapolis Bail Bond Bail Bonds Service

    Suggested Use

    Realty agency Spa & Massage Restaurant Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Law Firm Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Baltimore
    County
    Baltimore
    State
    Maryland
    Longitude
    -76.6114222
    Latitude
    39.291399

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    FAQs

    What type of property is this?
    Office building - Five-story office building in excellent condition, ideal for user/buyer.
    Where is this office building located?
    The property is located at 216 E Lexington St Baltimore, MD.
    What is the asking price?
    The asking price for this property is $698,000.
    What are key features of this property?
    This property features: - Prime Location: Next door to the city courthouse and four blocks from the Inner Harbor.; - Excellent Condition: A well-maintained 5-story brick office building.; - Flexible Usage: Suitable for owner-occupancy with the potential to lease out the lower level.
    (443) 573-3200
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    216 E Lexington St Baltimore, MD 21202
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    Baltimore, MD 21202
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    216 E Lexington St Baltimore, MD 21202
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