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30-32 South St 33,360 SF 100% Leased Office Building Baltimore, MD 21202 $3,350,000 ($100.42/SF) 8.64% Cap Rate
INVESTMENT HIGHLIGHTS
- Excellent location 2 blocks from Baltimore Harbor Waterfront, with expansive signage visability
- Updated spaces throughout, renovated kitchens and baths, 14 parking spots in basement
- Multiple meeting rooms, conference rooms, and 2 elevators
EXECUTIVE SUMMARY
Excellent and rare opportunity to purchase excellent location merely 2 blocks from the downtown Baltimore Harbor waterfront, with incredible signage space viewable across the harbor. Building offers 5 floors of updated office space with renovated kitchens and bathrooms on all levels. Features also include large professional reception/lobby area, multiple conference rooms, multiple meeting areas, 2 elevators, and 14 private parking spots in basement. Seller will consider leaseback or full vacate of the building for any potential purchaser. Contact us today for walk through showings.
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Sale Leaseback
Property Type
Office
Property Subtype
Office/Residential
Building Size
33,360 SF
Building Class
B
Year Built/Renovated
1905/1985
Price
$3,350,000
Price Per SF
$100.42
Cap Rate
8.64%
NOI
$289,440
Percent Leased
100%
Tenancy
Multiple
Building Height
5 Stories
Typical Floor Size
5,849 SF
Slab To Slab
10’
Building FAR
5.11
Lot Size
0.15 AC
Opportunity Zone
Yes
Zoning
C-5TO - Commercial
Parking
14 Spaces (0.42 Spaces per 1,000 SF Leased)
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
NNN service is preferred but negotiable.
NNN service is preferred but negotiable.
NNN service is preferred but negotiable.
NNN service is preferred but negotiable.
NNN service is preferred but negotiable.
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 4,930 SF | Office | Full Build-Out | 30 Days |
| 2nd Floor | 6,070 SF | Office | Full Build-Out | 30 Days |
| 3rd Floor | 6,070 SF | Office | Full Build-Out | 30 Days |
| 4th Floor | 6,070 SF | Office | Full Build-Out | 30 Days |
| 5th Floor | 6,070 SF | Office | Full Build-Out | 30 Days |
1st Floor
| Size |
| 4,930 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| 30 Days |
2nd Floor
| Size |
| 6,070 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| 30 Days |
3rd Floor
| Size |
| 6,070 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| 30 Days |
4th Floor
| Size |
| 6,070 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| 30 Days |
5th Floor
| Size |
| 6,070 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| 30 Days |
1 of 14
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1st Floor
| Size | 4,930 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | 30 Days |
NNN service is preferred but negotiable.
2nd Floor
| Size | 6,070 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | 30 Days |
NNN service is preferred but negotiable.
3rd Floor
| Size | 6,070 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | 30 Days |
NNN service is preferred but negotiable.
4th Floor
| Size | 6,070 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | 30 Days |
NNN service is preferred but negotiable.
5th Floor
| Size | 6,070 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | 30 Days |
NNN service is preferred but negotiable.
1 1
Walk Score®
Walker's Paradise (97)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (83)
PROPERTY TAXES
| Parcel Number | 0662-007 | Total Assessment | $1,611,300 |
| Land Assessment | $670,800 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $940,500 | Tax Year | 2025 Payable 2026 |
PROPERTY TAXES
Parcel Number
0662-007
Land Assessment
$670,800
Improvements Assessment
$940,500
Total Assessment
$1,611,300
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025 Payable 2026
1 of 11
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
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30-32 South St
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