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

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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)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
6311-033
Land Assessment
$137,000
Improvements Assessment
$681,300
Total Assessment
$818,300
  • Listing ID: 38422542

  • Date on Market: 11/12/2025

  • Last Updated:

  • Address: 307 S Eaton St, Baltimore, MD 21224

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