1401 Clipper Heights 5,000 SF 100% Leased Industrial Building Baltimore, MD 21211 $300,000 ($60/SF)

Investment Overview Capitalize on this rare opportunity to acquire a fully leased, income-generating industrial asset in the sought-after Clipper Mill area. This 1.68-acre property features a 5,000 sq. ft. block building with two stable tenants and favorable lease structures where tenants contribute to expenses.
Location Highlights
• Prime Location: Situated along the Jones Falls in the vibrant Clipper Mill district.
• Accessibility: Immediate access to I-83 with easy connections to Downtown Baltimore and I-695.
• Walkability: Close proximity to the Light Rail, The Avenue in Hampden, Roosevelt Park, and local amenities.
Property Specifications
• Lot Size: 1.68 Acres (Irregular lot shape).
• Building Size: ±5,000 Sq. Ft. (One-story block construction).
• Zoning: I-1 (Industrial). See Baltimore City Zoning Code pp. 457-463 for comprehensive usage rights. Link to website is above.
Lease & Financial Summary
• Total Scheduled Annual Rent: ±$49,500
• Expense Structure: Tenants pay pro-rata share of Common Area Maintenance (CAM), Insurance, and Taxes.
Tenant Schedule
• Unit A (2,000 SF): Art Studio.
Lease: 5-Year Term (Commenced July 1, 2024).
Rate: $1,820/month with 3% annual escalations. (2025 Rent: $1,875/mo).
• Unit B (3,000 SF): Cabinet Manufacturing.
Lease: 4-Year Term (Commencing Oct 1, 2025) with a 3-year extension option.
Rate: $2,250/month with 3% annual escalations beginning Oct 1, 2027.
Diligence Package: A copy of the purchase and sale agreement and assorted addenda are located in the documents section. In order to gain access, you must create a free account as well as accept a non-disclosure agreement.
Auction Notes: Online Auction Only! Bidding begins Saturday, January 3rd & ends Thursday, January 8th, 2026 at 11:00 am.
Online Bidding Notes: The initial deposit must be made via credit card, wire transfer or by Cashier's Check. Please review the online bidding terms and deposit transmittal form in the Documents Section for more details. If a lot receives a bid within the last 3 minutes. it will remain open for an additional 3 minutes. If any further bidding occurs, the extension timer will reset to 3 minutes. If no further bidding activity occurs, the lot closes when the timer runs out.