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1518-1536 W Baltimore St 18,104 SF 100% Leased Industrial Building Baltimore, MD 21223 $600,000 ($33.14/SF)
INVESTMENT HIGHLIGHTS
- Former Capitol Theater
- +/- 26’-30’+ Ceiling Height—Mostly Column Free
- Mezzanine Area
EXECUTIVE SUMMARY
1518 W Baltimore Street presents a rare opportunity to acquire a historic commercial property in the heart of Baltimore City. Formerly the iconic Capital Theatre, this landmark building offers an impressive open floor plan with column-free design and soaring ceilings, creating a versatile environment for adaptive reuse or redevelopment. The property spans 18,100 square feet and is zoned C-2, allowing for a wide range of commercial uses including retail, office, entertainment, or mixed-use concepts. Situated just blocks from the transformative revitalization projects at Hollins Market and Mt. Clare, the location benefits from strong community investment and growing foot traffic. Its proximity to major thoroughfares such as US Route 40 and I-95 ensures excellent connectivity to Downtown Baltimore and the broader metropolitan area. The building includes a loading dock for operational efficiency and offers exceptional visibility along West Baltimore Street, a corridor poised for continued growth. Investors and developers will appreciate the property’s historic character, strategic positioning within an Opportunity Zone, and potential for value-add improvements. This is an ideal acquisition for those seeking to capitalize on Baltimore’s urban resurgence and the demand for dynamic commercial spaces in a thriving neighborhood.
PROPERTY FACTS
| Price | $600,000 | No. Stories | 2 |
| Price Per SF | $33.14 | Year Built/Renovated | 1925/1975 |
| Sale Type | Investment | Parking Ratio | 0.77/1,000 SF |
| Property Type | Industrial | Clear Ceiling Height | 28’ |
| Property Subtype | Warehouse | No. Dock-High Doors/Loading | 1 |
| Building Class | C | No. Drive In / Grade-Level Doors | 1 |
| Lot Size | 0.28 AC | Cross Streets | N Stricker St |
| Rentable Building Area | 18,104 SF | ||
| Zoning | B-3-3 - a General Business District that allows a wide range of retail, service, and business uses to serve local and county-wide areas. B-3 zoning is conside | ||
| Price | $600,000 |
| Price Per SF | $33.14 |
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.28 AC |
| Rentable Building Area | 18,104 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1925/1975 |
| Parking Ratio | 0.77/1,000 SF |
| Clear Ceiling Height | 28’ |
| No. Dock-High Doors/Loading | 1 |
| No. Drive In / Grade-Level Doors | 1 |
| Cross Streets | N Stricker St |
| Zoning | B-3-3 - a General Business District that allows a wide range of retail, service, and business uses to serve local and county-wide areas. B-3 zoning is conside |
AMENITIES
- Mezzanine
- Air Conditioning
UTILITIES
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
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Walk Score®
Very Walkable (88)
Transit Score®
Excellent Transit (78)
PROPERTY TAXES
| Parcel Number | 0196-033 | Improvements Assessment | $184,000 |
| Land Assessment | $98,600 | Total Assessment | $282,600 |
PROPERTY TAXES
Parcel Number
0196-033
Land Assessment
$98,600
Improvements Assessment
$184,000
Total Assessment
$282,600
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1518-1536 W Baltimore St
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