Property profile

1401 Fleet St Baltimore, MD 21231

FOR LEASE
Banks
Property ID
US40-1120034
9,315 SF 0.37 ac lot Built 1920
Entity Owned 12-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 4,574 square foot retail or restaurant space is ideally situated at the intersection of Fleet and Eden Streets in Baltimore's vibrant Harbor East neighborhood. Benefitting from high visibility and exposure to two streets, the property includes a dedicated loading area and the potential for outdoor seating. Harbor East is experiencing significant growth, with numerous new residential and commercial developments underway, including T. Rowe Price's new headquarters, multiple large residential projects, and a Whole Foods Market. The property's prime location offers easy access to the 800+ space Fleet & Eden Garage, providing convenient and affordable parking for customers. This single-tenant space presents a unique opportunity to establish a thriving business within a dynamic and rapidly expanding area of Baltimore, in Baltimore County, Maryland, zip code 21231. The property is currently vacant, allowing for complete customization to suit a wide range of retail or restaurant concepts. Its strategic location within the heart of Harbor East's shopping, hospitality, and dining district ensures high foot traffic and excellent brand visibility.

Property profile

Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1920
Construction BRICK
Total area 9,315 SF
Lot 0.37 ac (16,002 SF)
Zoning code I-MU
APN 03-07-1806 -001
UPID US40-1120034

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Atm
  • Loan Service Bank
  • Bank Loan Service
  • Association Or Organization

Location

1401 Fleet St Baltimore, MD 21231
Baltimore metro Census 20300 BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$560k
CAP Approach CAP
by Request
Comparable Approach Comparable
$957k
Blend (final) Blend
$760k

Owner & transaction history

since 2014
3 recorded transactions
2014
$3.1M
1969
Price N/A
1969
Price N/A

Zoning & alternative use

I-MU · Baltimore, MD

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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