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111 Water St
Baltimore, MD 21202
Sterling Bank & Trust · Office Property For Sale
Investment Highlights
- Unique opportunity to own and partially occupy a 25,004-square-foot building with ground-level retail and a two-level Class A office space.
- Significant investments include best-in-class finishes to the penthouse office and a new elevator system, a nearly $300,000 capital expense.
- Located in an Opportunity Zone, a HUB Zone, and an Enterprise Zone, benefitting from considerable tax savings and credits.
- 111 Water St includes a 10,980 SF penthouse office suite with beautiful finishes and excellent functionality.
- Amenities in the retail space include a full kitchen with a hood system, outdoor seating, a bar area, dry storage, walk-in freezers, and more.
Property Facts
Property Type
Office
Building Size
25,004 SF
Building Class
B
Year Built/Renovated
1904/1984
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
5,485 SF
Slab To Slab
10’
Building FAR
3.83
Lot Size
0.15 AC
Zoning
C-5TD
Property Taxes
| Parcel Number | 0661-012 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $765,700 |
Property Taxes
Parcel Number
0661-012
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$765,700
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