Property profile

2400 Boston St Baltimore, MD 21224

FOR LEASE
Strip malls
Property ID
US40-1428412
56,874 SF 0.88 ac lot Built 1998
Entity Owned 1-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

The Can Company, a landmark 205,000 square foot mixed-use building, offers exceptional executive office space in Baltimore's vibrant Canton neighborhood. Situated along the Inner Harbor waterfront, this property enjoys a prime location bridging the historic and modern sections of Canton. The building boasts 11 suites, with available spaces ranging from 1,232 to 47,700 contiguous square feet, providing flexibility for businesses of various sizes. A total of 118,923 square feet is currently vacant. The Can Company played a significant role in Canton's revitalization, and its strategic location offers easy access to the Baltimore waterfront and numerous lively neighborhoods, including Brewer's Hill, Fells Point, Harbor East, and downtown. A short five-minute drive to I-95 ensures convenient commuting. Ample parking is available with 300 spaces dedicated to retail. This is a unique opportunity to establish a presence in a thriving, historically significant Baltimore location. The property's mixed-use nature and proximity to residential areas create a dynamic and convenient environment for businesses and employees alike. Contact us today to explore the available office suites and discover the potential of this exceptional property.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1998
Construction BRICK
Total area 56,874 SF
Lot 0.88 ac (38,333 SF)
Zoning code C-3
APN 01-06-1876 -001
UPID US40-1428412

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
  • Restaurant
  • (Bike/Boat/Book/etc) Store Corporate Office
  • Marketing & Advertising
  • Law Firm
  • Engineering Consultant Building Consultant

Location

2400 Boston St Baltimore, MD 21224
Baltimore metro Census 10400 BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$8.14M
CAP Approach CAP
$11.91M
Comparable Approach Comparable
$14.51M
Blend (final) Blend
$11.89M

Owner & transaction history

since 2025
Last sale
$12.0M
7 recorded transactions
2026
Price N/A
2025
$12.0M
2017
Price N/A
2017
$42.9M
2007
Price N/A
1998
Price N/A
1997
$972,500

Zoning & alternative use

C-3 · Baltimore, MD
Zoning description

ommercial Districts (C-1 to C-4) - Bulk and Yard Regulations Baltimore City Code Table 10-401 Commercial Districts (C-1 to C-4) - Bulk and Yard Regulations Categories Specifications (Per District) C-1 C-1-VC 1 C-1-E C-2…

General category COMMERCIAL
Top alternative use upside
Office building $16.6M +59.2%
Auto repair, garage $13.1M +26.0%
Restaurant $11.3M +8.4%

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message