www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
31659989
31659990

220 West Baltimore Street, Baltimore, MD 21201

Cushman & Wakefield - Baltimore, Maryland
Cushman & Wakefield
Listed by Cushman & Wakefield - Baltimore, Maryland, Cushman & Wakefield
Unpriced
87 days on market
Updated 25 days ago
Opportunity zone

220 W. Baltimore St.

Details
APN 0624-001
Property Type Retail, Multifamily (+1)
Sub Type Student Housing, Storefront (+1)
Square Footage 26,095
Tenancy Vacant
Class B
Year Built 1900
Stories 5
Lot Size (SqFt) 5,219
Zoning C-5-DC
Investment Type Redevelopment
Ground Lease No
Sale Condition For sale by owner

Rare Redevelopment Opportunity

Marketing description

Cushman & Wakefield is pleased to present for sale 220 W. Baltimore Street — a prominent redevelopment opportunity located in the core of Downtown Baltimore's Central Business District. Positioned directly across from CFG Bank Arena and steps from the city's primary commercial, institutional, and entertainment anchors, the property offers investors and owner-users a rare chance to reposition a full-block urban asset within an evolving Arena District.

The building comprises a substantial multi-story structure with significant scale and presence along Baltimore Street and sits adjacent to a public parking garage. Currently vacant, the asset presents a blank canvas for adaptive reuse or comprehensive redevelopment. Its size, flexible layout potential, and central location create a variety of viable repositioning paths, including residential conversion, mixed-use redevelopment, hospitality, student housing, institutional occupancy, or headquarters use.

The property benefits from C-5-DC zoning, which permits high-density commercial and multifamily uses. This zoning flexibility, combined with direct adjacency to a major entertainment venue and proximity to the University of Maryland Medical Campus, professional offices, and public transit, supports long-term value creation as Downtown Baltimore continues its repositioning cycle.

The property is located within a federally designated Opportunity Zone and may qualify for additional state and local incentives, including potential historic tax credits or redevelopment programs. Buyers are encouraged to evaluate available incentive programs that may enhance redevelopment economics.

220 W. Baltimore Street represents a rare opportunity to control a strategically located asset with multiple redevelopment pathways in one of Baltimore's most visible and institutionally anchored corridors. Qualified parties are invited to review the offering materials and submit proposals for consideration.

Investment highlights

  • Directly across from CFG Bank Arena in the heart of Downtown Baltimore's CBD
  • C-5-DC (Downtown Core) zoning permitting high-density commercial, residential, hospitality, and mixed-use development
  • Located within a Federally designated Opportunity Zone (OZ) and may qualify for state and local incentives, including historic tax credits
  • Fully vacant - redevelopment opportunity
  • Suitable for residential conversion, mixed-use, hospitality, student housing, institutional, or headquarters use
  • Immediate access to Light Rail, Metro, MARC, bus lines, I-95 and I-83
  • Walking distance to Inner Harbor, Harborplace redevelopment, University of Maryland Medical Campus, and major employment centers
  • Parking garage next door

Listing Contacts

Cushman & Wakefield - Baltimore, Maryland
Cushman & Wakefield
Listed by Cushman & Wakefield - Baltimore, Maryland, Cushman & Wakefield

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$--
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Zoning

Intelligence Badge
C-5-DC MixedMixed UseDowntown Core Subdistrict
View municipality zoning documents
Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 100 uses
View all 100 uses
Last updated May 8, 2026 For deeper zoning details, reports are available at Zoneomics

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Caroline Kennell
License
5018559
Brokerage
Cushman & Wakefield
Brokerage Phone
4437172067
Title
Associate Advisor
Brokerage Address
1 East Pratt Street
Name
Alexander Mitchell
License
654502
Brokerage
Cushman & Wakefield
Brokerage Phone
4107524285
Title
Director
Brokerage Address
1 East Pratt Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591