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220 W Baltimore St
Baltimore, MD 21201
Multifamily Property For Sale
·
28 Units
Executive Summary
Cushman & Wakefield is pleased to present for sale 220 W. Baltimore Street — a prominent redevelopment opportunity located in the core of Downtown Baltimore’s Central Business District. Positioned directly across from CFG Bank Arena and sits adjacent to a public parking garage. Currently vacant, the asset is primed for adaptive reuse or comprehensive redevelopment. Its size, flexible layout potential, and central location create a variety of viable repositioning paths, including residential conversion, mixed-use redevelopment, hospitality, student housing, institutional occupancy, or headquarters use.
The property benefits from C-5-DC zoning, which permits high-density commercial and multifamily uses. This zoning flexibility, combined with direct adjacency to a major entertainment venue and proximity to the University of Maryland Medical Campus, professional offices, and public transit, supports long-term value creation as Downtown Baltimore continues its repositioning cycle.
The property is located within a federally designated Opportunity Zone and may qualify for additional state and local incentives, including potential historic tax credits or redevelopment programs. Buyers are encouraged to evaluate available incentive programs that may enhance redevelopment economics.
The property benefits from C-5-DC zoning, which permits high-density commercial and multifamily uses. This zoning flexibility, combined with direct adjacency to a major entertainment venue and proximity to the University of Maryland Medical Campus, professional offices, and public transit, supports long-term value creation as Downtown Baltimore continues its repositioning cycle.
The property is located within a federally designated Opportunity Zone and may qualify for additional state and local incentives, including potential historic tax credits or redevelopment programs. Buyers are encouraged to evaluate available incentive programs that may enhance redevelopment economics.
Property Facts
| Sale Type | Investment | Lot Size | 0.11 AC |
| No. Units | 28 | Building Size | 24,750 SF |
| Property Type | Multifamily | No. Stories | 5 |
| Property Subtype | Apartment | Year Built | 1920 |
| Apartment Style | Mid-Rise | Parking Ratio | 18.18/1,000 SF |
| Building Class | C | Opportunity Zone |
Yes
|
| Zoning | C-5DC | ||
| Sale Type | Investment |
| No. Units | 28 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.11 AC |
| Building Size | 24,750 SF |
| No. Stories | 5 |
| Year Built | 1920 |
| Parking Ratio | 18.18/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | C-5DC |
Property Taxes
| Parcel Number | 0633-017 | Improvements Assessment | $1,343,100 |
| Land Assessment | $297,000 | Total Assessment | $1,640,100 |
Property Taxes
Parcel Number
0633-017
Land Assessment
$297,000
Improvements Assessment
$1,343,100
Total Assessment
$1,640,100
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