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Baltimore Waterfront Versatile Office Spaces
For Lease
$25 SF/Yr

1820 LANCASTER St, Baltimore, MD 21231

Iconic building offering versatile spaces in Baltimore's waterfront district.

Space SizeContact for details
Lot Size0.41 Acres
Days on Market183

Property Features for 1820 LANCASTER St

General Information

Standard status Active
Lot size 0.41 Acres
Property subtype Commercial
Lease Term Flexible

Building Details

Year Built 1920
Units 1
Listing Agency: Avenue Real Estate, LLC
Listed By: Ross M Conn · License #633650
Source: Elliman
Added: Mar 10 Changed: Sep 7 Last Checked: Sep 8 at 7:54AM

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 Avenue Real Estate, LLC

Investment Insights

Based on property information with market context.

This property presents a leasing opportunity in Baltimore’s waterfront district. The Union Box Building offers three spaces: a 1,680-square-foot ground floor space, a 3,400-square-foot ground floor space, and a 7,280-square-foot third-floor space that is demisable. The building blends historic charm and modern functionality. It features private access, central HVAC throughout, a full sprinkler system, and elevator access to the second and third floors. Parking can also be offered in a separate agreement, making this an exceptional opportunity for professional use.

Key Highlights

  • Rare leasing opportunity in Baltimore’s iconic waterfront district.
  • Versatile spaces available: 1,680 SF, 3,400 SF (ground floor), and up to 7,280 SF (third floor, demisable).
  • Blend of historic charm and modern functionality.

Property Analytics

Current Use

James R. Luke, ... Physician Lombard Securities Incorporated Financial Advisor Atelier Bmore (Bike/Boat/Book/etc) Store Happy Dog Baltimore Pet Grooming Service Harber-Jacobs Construction Company

Suggested Use

Top Pick Electrical Service HVAC Service (Bike/Boat/Book/etc) Store Butcher Pet Store & Service Nursing Home

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

NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,748
Businesses Nearby

Demographics for 21231, MD

17,062
Population
9,342
Households
1.8
Avg Household Size
33
Median Age
66%
College-Educated
95%
High-School Grad
0.9 sq mi
ZIP Area
18,958
Density / Sq Mi
$85,382
Median Household Income
$67,289
Median Earnings
$1,710
Median Rent
$336,500
Median Home Value

Market

Lease Benchmarks for Baltimore, MD

$18.53 /SF/Yr
Avg Asking Price
$4.22–$39.6 /SF/Yr
Price Range
11,696 SF
Avg Space Size

This space is priced 35% above the average of $18.53 /SF/Yr.

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
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Frequently Asked Questions

What type of property is this?
Office units - Iconic building offering versatile spaces in Baltimore's waterfront district.
Where is this office units located?
The property is located at 1820 LANCASTER St Baltimore, MD.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: Rare leasing opportunity in Baltimore’s iconic waterfront district.; Versatile spaces available: **1,680 SF, 3,400 SF (ground floor), and up to 7,280 SF (third floor, demisable).**; Blend of historic charm and modern functionality.
More about this property
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