sale/investment opportunity - cushman & wakefield 2 the offering cushman & wakefield is...
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Sale/Investment Opportunity
3221 Frederick AvenueBaltimore, Maryland 21229
Presented by:
David W. Baird, CRE
Brian P. Wyatt
Andrew Posil
Cushman & WakefieldOne East Pratt StreetSuite 700Baltimore, MD 21202
cushmanwakefield.com
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THE OFFERINGCushman & Wakefield is pleased to offer for sale 3221 Frederick Avenue, a 2.616± acre parcel of improved land containing seven interconnected buildings, totaling 172,5000± square feet. The property is zoned I-1, industrial (Baltimore City) and as been in continuous light manufacturing and assembly use since its early days as a brewery in the late nineteenth century. The property is in an excellent candidate for adaptive re-use or redevelopment, close to the expanding St. Agnes Hospital and Health Campus, and less than one mile from I-95.
The existing buildings range from one to six floors, with the core loft-style buildings totaling over 150,000 square feet. The property is fully sprinklered, with ceiling heights ranging from 12-16 feet, with expansive window lines and 360° views of Baltimore. The former corporate office building (#4) offers a unique user or conversion opportunity as well with the benefit of ample parking and a secure, fenced lot.
In all 3221 Frederick Avenue represents a uniquely large and scalable investment/development opportunity.
PROPERTY DETAILS
Location3221 Frederick AvenueBaltimore, MD 21229
SizeSeven (7) buildings totaling 172,575± square feet on 2.616± acres, including one (1) 12,520± square foot office building.
Zoning I-1 (Baltimore City)
Construction Varies - Concrete, Steel, Wood Truss
Clear Height 12’-16’
Column Spacing Varies (15’-20’) Steel/Concrete/Wood Post & Beam
Fire Protection Fully wet-sprinklered (except Building 4)
Electrical Heavy, 4500 AMP, 227/480V
Dock Doors 6
Drive-Ins 1
Floor Poured concrete, heavy wood
Lighting Fluorescent
Heat Gas-fired boilers / steam
Utility Provider BGE
3221 Frederick Avenue
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AERIAL VIEW/LOCATION
St. Agnes Hospital (1 Mile)
3221 Frederick Avenue
Frederick Avenue
Caton A
venue
3221 Frederick Ave
Staff ord Street
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SITE PLAN
3221 Frederick Avenue
Building Floors SF/Level Total SF1 6 3,387 20,3222 4 4,860 19,4403 2 4,720 9,4404 4* 3,130 12,2507 4 3,072 12,2888 5** 15,690 78,4509 1 20,115 20,115
Total 172,575* Building 4 also has an attic** Includes production basement
View from Rooftop
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PHOTOS / TRAFFIC COUNTS
3221 Frederick Avenue
Collection Street Cross Street Volume
Frederick Avenue S. Caton Avenue 11,361
S. Caton Avenue S. Hilton Street 23,820
S. Hilton Street Frederick Avenue 20,809
S. Hilton Street S. Caton Avenue 24,521
TRAFFIC COUNTS
TYPICAL FLOORS - BUILDINGS 1-8
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OFFERING INFORMATION3221 Frederick Avenue is being offered for sale by Cushman & Wakefield, as exclusive marketing agent for the Owner, and the information pertaining to the Property has been supplied by Owner. This marketing summary contains brief, selected information about the Property for the sole purpose of soliciting potential expressions of interest, but does not purport to be all-inclusive or contain all information that a potential investor or buyer may desire to obtain. For access to additional information about the property, including, but not limited to, engineering reports, surveys, leases, etc., interested parties will be required to execute and return a Non-Disclosure Agreement. Upon receipt, Cushman & Wakefield will provide access to the on-line data room containing all available information.
3221 Frederick Avenue is being marketed as a “Principals Only” offering, and Buyer’s Representatives, if any, will need to look to their client for compensation.
NOTE: Site tours will be conducted by appointment only.
David W. Baird, CRE Managing Director
+1 410 685 9240
Brian P. WyattDirector
+1 410 347 7804
FOR DETAILS ON THIS OFFERING, PLEASE CONTACT:
One East Pratt Street, Suite 700 | Baltimore, MD 21202 | +1 410 752 7567 | cushmanwakefield.com
The information contained herein was obtained from sources we consider reliable. We cannot be responsible, however, for errors, omissions, prior sales, withdrawal from the market or change in price. Seller and broker make no representation as to the environmental condition of the property and recommend purchaser’s independent investigation.
3221 Frederick Avenue
Andrew PosilDirector
+1 410 347 7573