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Downtown Hotel With 439 Rooms
For Sale
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20 W Baltimore St, Baltimore, MD 21201

Fee simple interest offered in a 439-room 24-story hotel, built in 1928 and renovated in 2015.

Property SizeContact for details
Days on Market142

Property Features for 20 W Baltimore St

General Information

Standard status Active
Property subtype Hospitality

Additional Details

Business Included Yes

Building Details

Year Built 1928
Year Renovated 2015
Stories 24
Listing Agency: Marcus & Millichap - Fort Lauderdale
Listed By: Scott Havericak · License #Florida SL3281416
Source: Crexi
Added: Apr 13 Changed: Aug 8 Last Checked: Jul 20 at 4:59PM

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 Marcus & Millichap - Fort Lauderdale

Investment Insights

Based on property information with market context.

Offered for sale is the fee simple interest in the Lord Baltimore, a 439-room, 24-story high-rise hotel built in 1928 and extensively renovated in 2015. The asset is positioned for change under new ownership following an existing master account arrangement that was in place until May 2024.

Public remarks indicate the hotel was under a master account with Morgan State University, generating approximately $2,900,000 in room revenue between January–May and September–December each year. The property is located in downtown Baltimore, Maryland, proximate to the Inner Harbor.

The current marketing materials also note interest from multiple premium hotel brands from major parent companies, including dual-brand, as part of the opportunity being presented for a new owner.

Key Highlights

  • Fee simple interest in the Lord Baltimore, a 439‑room, 24‑story hotel in downtown Baltimore, MD
  • Built in 1928 and extensively renovated in 2015
  • Located proximate to Baltimore’s Inner Harbor

Property Analytics

Current Use

Pine Tree Gift ... (Bike/Boat/Book/etc) Store Lord Baltimore Hotel Hotel & Motel Rodger Aiken Marketing & Advertising Roomza Inner Harbor ... Hotel & Motel LB Skybar Bar & Pub

Suggested Use

Top Pick Veterinary Clinic (Bike/Boat/Book/etc) Store Pet Store Buffet Pet Store & Service Clothing & Fashion 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.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

11,509
Businesses Nearby

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
Rey
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Frequently Asked Questions

What type of property is this?
Hotel - Fee simple interest offered in a 439-room 24-story hotel, built in 1928 and renovated in 2015.
Where is this hotel located?
The property is located at 20 W Baltimore St Baltimore, MD.
What are key features of this property?
This property features: Fee simple interest in the Lord Baltimore, a 439‑room, 24‑story hotel in downtown Baltimore, MD; Built in 1928 and extensively renovated in 2015; Located proximate to Baltimore’s Inner Harbor
More about this property
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