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307 S Eaton St 7,831 SF Office Building Baltimore, MD 21224 $2,350,000 ($300.09/SF)



Investment Highlights
- Dedicated Parking
- Solar Panels on Roof / EV charging Stations on Site
- Total Renovation of Building only 4 years ago
- Potential Owner /User Opportunity
Executive Summary
307 S. Eaton Street is a fully leased investment property located in the vibrant Highlandtown neighborhood of Southeast Baltimore. Zoned IMU-1 (Industrial Mixed Use-1), the property allows for a variety of commercial, industrial, and multifamily uses, offering flexibility for future ownership. The single-story 7,851 SF building is fully leased to two tenants through 2030—Revitalize Mental Health Center and Passen Capital, the current owner, who is willing to terminate their lease if a new owner wishes to occupy the space. Completely redeveloped in 2021, the property features a new Firestone TPO roof with a 20-year warranty, solar panels by Aurora Energy, and new mechanical, electrical, and plumbing systems. The renovation also includes new HVAC, exterior façade, windows, flooring, and sprinklers. The interior buildout offers a modern layout with glass-walled offices, kitchens, conference rooms, and open areas. Additional highlights include 21 gated parking spaces with 2 EV chargers in a private fenced lot. This property presents a turnkey investment with stable income in place and excellent potential for an owner/user or long-term investor. Offered for sale at $2,350,000.
Property Facts
Sale Type
Investment NNN
Property Type
Office
Building Size
7,831 SF
Building Class
B
Year Built/Renovated
1940/2021
Price
$2,350,000
Price Per SF
$300.09
Tenancy
Single
Building Height
1 Story
Typical Floor Size
7,831 SF
Building FAR
0.41
Lot Size
0.44 AC
Zoning
1-MU-1 - IMU-1 or Industrial Mixed Use-1
Parking
21 Spaces (2.68 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Bus Line
- Security System
- Energy Performance Rating - A
- Car Charging Station
- Air Conditioning
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Passen Capital
- Construction
-
99,999 SF
- -
- -
- Revitalize Mental Health
- Health Care and Social Assistance
-
99,999 SF
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Passen Capital | Construction | 99,999 SF | - | - | ||
| Revitalize Mental Health | Health Care and Social Assistance | 99,999 SF | - | - |
Walk Score®
Walker's Paradise (97)
Transit Score®
Excellent Transit (70)
Bike Score®
Very Bikeable (79)
Property Taxes
| Parcel Number | 6311-033 | Improvements Assessment | $681,300 |
| Land Assessment | $137,000 | Total Assessment | $818,300 |
Property Taxes
Parcel Number
6311-033
Land Assessment
$137,000
Improvements Assessment
$681,300
Total Assessment
$818,300
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307 S Eaton St
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