For Lease
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Property summary
Lockwood Place, located at 600 E Pratt St in Baltimore, MD 21202, presents a unique opportunity for retail businesses seeking high visibility and accessibility. This 3,200 square foot retail space is situated in a prime location at the intersection of Baltimore's business and entertainment districts, offering unparalleled exposure to a large and diverse customer base. The property is conveniently located steps away from major attractions such as The National Aquarium in Baltimore, Power Plant Live!, the Inner Harbor, and Baltimore's World Trade Center, ensuring consistent foot traffic and high brand visibility. The building boasts excellent signage opportunities along the heavily trafficked East Pratt Street, maximizing marketing potential. Furthermore, the adjacent Lockwood parking garage provides ample parking for customers and employees, with a total of 240 spaces available. This entire 3,200 square foot space is currently vacant, presenting a blank canvas for a new tenant to customize and develop. The property is classified as a shopping center with multiple suites, although this listing only includes the single, available 3,200 square foot unit. This exceptional location within Baltimore City County offers an unparalleled opportunity to establish a thriving retail presence in a vibrant and dynamic urban environment.
Property profile
VerifiedCap rate & NOI
Current use
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Big Box & Wholesale Store Shipping Company
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Department Store
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Restaurant
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Clothing & Fashion Store
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Loan Service
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The R-8 Rowhouse Residential Zoning District is intended to accommodate and maintain the traditional form of urban rowhouse development typical of many of the City's inner neighborhoods, which contain continuous, block-l…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
R-8 · Baltimore, MDThe R-8 Rowhouse Residential Zoning District is intended to accommodate and maintain the traditional form of urban rowhouse development typical of many of the City's inner neighborhoods, which contain continuous, block-l…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The R-8 Rowhouse Residential Zoning District is intended to accommodate and maintain the traditional form of urban rowhouse development typical of many of the City's inner neighborhoods, which contain continuous, block-l…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for R-8 in Baltimore, MD.
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