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204 E 25th St
Baltimore, MD 21218
Office Property For Sale
Executive Summary
204 E 25th Street is a three-story Federal-style commercial building located in Baltimore's desirable Charles Village neighborhood, situated at the southeast corner of Johns Hopkins University. Built in 1900, the property offers 4,230 sq ft of versatile space across three floors, plus an additional 990 sq ft unfinished basement suitable for storage or equipment. The property is zoned OR-1 and is well-suited for professional office, medical, or multi-use purposes. Previously leased at $2,500/month, reflecting a cap rate of 12.2% at the current list price of $245,000 — making this an attractive investment opportunity. The building has been updated with modern finishes including new kitchen, bathrooms, central air conditioning, and updated exterior. Conveniently located near public transportation, major employment nodes, and retail amenities.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
2,640 SF
Building Class
C
Year Built
1900
Price
$245,000
Price Per SF
$92.80
Cap Rate
12.20%
NOI
$29,890
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
880 SF
Slab To Slab
10’
Building FAR
0.79
Lot Size
0.08 AC
Zoning
O-R-2
Amenities
- Bus Line
Property Taxes
| Parcel Number | 3833-046 | Improvements Assessment | $387,800 |
| Land Assessment | $60,000 | Total Assessment | $447,800 |
Property Taxes
Parcel Number
3833-046
Land Assessment
$60,000
Improvements Assessment
$387,800
Total Assessment
$447,800
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