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- LoopNet Team
7 Saint Paul St
Baltimore, MD 21202
Office Property For Sale
PROPERTY FACTS
AMENITIES
- Banking
- Dry Cleaner
- Food Service
- Property Manager on Site
- Security System
- Energy Star Labeled
- Balcony
- On-Site Security Staff
SUSTAINABILITY
SUSTAINABILITY
ENERGY STAR® Energy Star is a program run by the U.S. Environmental Protection Agency (EPA) and U.S. Department of Energy (DOE) that promotes energy efficiency and provides simple, credible, and unbiased information that consumers and businesses rely on to make well-informed decisions. Thousands of industrial, commercial, utility, state, and local organizations partner with the EPA to deliver cost-saving energy efficiency solutions that protect the climate while improving air quality and protecting public health. The Energy Star score compares a building’s energy performance to similar buildings nationwide and accounts for differences in operating conditions, regional weather data, and other important considerations. Certification is given on an annual basis, so a building must maintain its high performance to be certified year to year. To be eligible for Energy Star certification, a building must earn a score of 75 or higher on EPA’s 1 – 100 scale, indicating that it performs better than at least 75 percent of similar buildings nationwide. This 1 – 100 Energy Star score is based on the actual, measured energy use of a building and is calculated within EPA’s Energy Star Portfolio Manager tool.
ABOUT 7 SAINT PAUL ST , BALTIMORE, MD 21202
Mission Capital Advisors, in conjunction with RealINSIGHT Marketplace, are pleased to present the opportunity to acquire 7 St. Paul St (Wells Fargo Tower), a 378,010 square foot, Class-A high-rise office building located in the heart of downtown Baltimore. The property is available for sale via LIVE Auction with RealINSIGHT Marketplace. Starting Bid: $18,000,000 Bidding Opens: MONDAY, AUGUST 14TH Auction End: WEDNESDAY, AUGUST 16TH. Developed in 1985 on a 0.63-acre site (partially subject to an air rights lease), the 24-story tower has 19 floors of office space above a 4-level parking garage with 206 spaces and 10,808 square feet of ground floor retail. The property is currently 74.7% occupied and anchored by Wells Fargo and the law firm of Whiteford, Taylor & Preston, LLP. This is the opportunity to acquire an institutional quality asset in a rejuvenated downtown district, with strong tenant credit and remaining term. The property is well-located at the corner of St Paul and E Baltimore Streets in downtown Baltimore, 3 blocks from the Inner Harbor. The location offers easy access to the Charles Street Station of the Metro SubwayLink and is kitty-corner to the 50,000 sf Under Armour Performance Center. Downtown Baltimore is undergoing a renaissance as businesses return to the CBD from the suburbs and new luxury housing is constructed. Since 2010, over 600,000 square feet has migrated from the suburbs and more than 4,000 residential units have been added to the downtown housing stock. In addition, numerous retail and dining openings have aided the development of a 24/7 scene. Listing Broker: Rob Beyer, MD RE License #669020
PROPERTY TAXES
| Parcel Number | 0636-009 | Improvements Assessment | $5,741,600 |
| Land Assessment | $8,285,100 | Total Assessment | $14,026,700 |
PROPERTY TAXES
