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Baltimore Warehouse Former Capitol Theater
For Sale
$750,000

1518 W Baltimore St, Baltimore, MD 21223

Warehouse property for sale in Baltimore, MD

Property Size18,100 SF
Lot Size0.25 Acres
Price / SF$41.44
Days on Market245

Property Features for 1518 W Baltimore St

General Information

Standard status Active
Property type Warehouses, Industrial properties
Size 18,100 SF
Class C
Lot size 0.25 Acres
Listing Agency: Gold and Company
Listed By: Jim · License #617251
Added: Dec 19, 2025 Changed: Mar 16

Investment Insights

Based on property information with market context.

The property is an approximately 18,100 square foot warehouse building available for sale. Formerly the Capitol Theater, the property is located in West Baltimore City, in the Franklin Square Neighborhood. It is situated in a HUB Zone and features ceiling heights of approximately 26 to 30 feet, mostly column-free, with a mezzanine area. The lot size is 0.25 acres. There is community redevelopment throughout the area.

Property Analytics

Current Use

Warehouses

Suggested Use

Top Pick Real Estate Agency Law Firm Skin Care Clinic Computer & Electronic Repair Accounting Firm Cafe & Coffee Shop

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

1,724
Businesses Nearby
Under-served
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 Industrial in Baltimore, MD

6.4% 2019
5.9% 2020
2.6% 2021
3% 2022
3% 2023
7.6% 2024
8.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Warehouse - Warehouse property for sale in Baltimore, MD
Where is this warehouse located?
The property is located at 1518 W Baltimore St Baltimore, MD.
What is the asking price?
The asking price for this property is $750,000.
More about this property
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