Auction - Pratt Street Office & Parking — Sale in Baltimore, MD
- Price: Contact for price
- Listing type: For sale
- Asset type: Office
- Location: Baltimore, MD 21201
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Description
Register to bid and access due diligence documents on Ten-X: https://www.loopnet.com/Listing/300-W-Pratt-St-Baltimore-MD/41905162/ 300 W Pratt Street, also known as the Wilkens Building (sale does not include the first-floor retail) is an exceptional opportunity to acquire the multi-tenant office component of the historic Wilkens Building (ground-floor retail not included), situated on a 0.56-acre lot in the heart of Downtown Baltimore. The condo occupies floors two through five, and some spaces are currently leased to a diverse mix of tenants. This provides existing income with significant lease-up potential, creating a compelling value-add investment. The sale also includes 23 owned parking spaces and rights to 13 leased spaces, an increasingly scarce amenity in Baltimore's urban core. Located steps from the Inner Harbor, Camden Yards, CFG Bank Arena, and the Baltimore Convention Center, the 300 W Pratt Street is an address with long-term value due to its visibility, walkability, and access to a dense concentration of businesses, hotels, restaurants, and major employers. Multiple transit lines, MARC and Amtrak service, Interstate 83, Interstate 95, and BWI Airport, then unlock outstanding metro connectivity. The investment is further strengthened by its current location within an Opportunity Zone, offering unique advantages for investors, businesses, and owner/users. Combined with substantial public and private investment transforming Downtown Baltimore and the Inner Harbor area, 300 W Pratt Street is well-positioned to capitalize on the city's continued growth and revitalization. Property tours are available by appointment only. Please contact the listing broker to schedule. Investment Highlights: • Auction - October 19-21 | Starting Bid: $400,000 • 300 W Pratt Street, the Wilkens Building, offers the 51,457 SF office condo, comprising floors two through five. • Positioning within a current Opportunity Zone provides financial incentives for investors and develop
Market Context
This office in Baltimore, MD is listed for sale. Compare it against other office listings for sale in Baltimore, MD — view the full market.
As of Q2 2026, the Baltimore office market showed a 17.8% vacancy rate, and average asking rents near $26.38/SF/yr. Source: multiple brokerage reports, Q2 2026.
Above-average vacancy gives buyers leverage and a wide set of comparables.
Office market FAQ
- Is the Baltimore office market tightening or softening?
- Vacancy is around 17.8% (Q2 2026).
Contact
- Bradd Caplan · (443) 703-5003 · bradd.caplan@marcusmillichap.com
- Brian Hosey · (202) 536-3700
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