Commercial $ 475,000

1301 N SPRING ST

Baltimore, MD 21213

  • 3,600 Lot Size
  • 1890 Year Built
Discover a unique investment opportunity at 1301 N. Spring Street, Baltimore, MD 21213. This multi-tenant warehouse property offers approximately 14,400 square feet of flexible commercial space divided into four separately occupied units, providing immediate income with additional upside potential. Whether you're an investor seeking a stabilized asset or an owner-user looking for space with existing cash flow, this property delivers exceptional versatility.

Units A and C are leased to a long-term month-to-month warehouse tenant at a combined rental rate of $2,400 per month, while Unit B is leased through September 2026 for $2,000 per month and has been improved as climate-controlled office and educational space complete with central HVAC and a private restroom. The largest space, Unit D, is currently owner-occupied and includes warehouse space, a private office, one full bath, and one half bath. With an estimated market rental value of approximately $2,000 per month, Unit D offers the flexibility of additional income or immediate occupancy for a new owner. The seller is willing to negotiate either a leaseback or vacancy at settlement.

The owner currently pays water, sewer, and real estate taxes, while tenants are separately metered and responsible for their own electric service. Located in an established commercial corridor with convenient access to Downtown Baltimore, I-83, I-95, and other major transportation routes, the property is well positioned for a variety of commercial and industrial users.

Offering multiple income streams, flexible occupancy options, and long-term investment potential, 1301 N. Spring Street is a rare opportunity to acquire a multi-tenant warehouse asset in one of Baltimore's evolving industrial corridors.
Listed by Craig Fauver Real Estate

PROPERTY DETAIL

  • Key Details

    Property Type Commercial

    Sub Type Industrial

    Listing Status Active

    Purchase Type For Sale

    MLS Listing ID MDBA2220960

    Year Built 1890

    Available Date 2026-06-26

    Annual Tax Amount $5,317

    Tax Year 2025

    Lot Size 3,600 Sqft

    Acres 0.08

    Property Sub-Type Industrial

    Source BRIGHT

  • Location

    State MD

    County Baltimore City

    Zoning R-8

  • Building

    Sewer Public Sewer

    Water Public

    New Construction N

  • Interior

    Hot Water Natural Gas

    Heating Forced Air

    Cooling None

    Flooring Concrete, Carpet

    Heat Source None

  • Exterior

    Water Access N

    Accessibility None

    Garage N

  • Schools

    School District Baltimore City Public Schools

  • Others

    Tax ID 0309091149B032

    Ownership Fee Simple

    Acceptable Financing Cash, Bank Portfolio, Conventional

    Listing Terms Cash, Bank Portfolio, Conventional

    Financing Cash,Bank Portfolio,Conventional

    Special Listing Condition Standard

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