Homes for sale - 6411 BECKLEY ST, Baltimore, MD 21224

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Nick Lutkins

nick@lutkinsgroup.com +1(703) 626-6276

$7,000,000

Est. payment - /mo

73,095 SqFt

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UPDATED:

01/23/2025 05:56 PM

Key Details

Property Type Commercial

Sub Type Special Purpose

Listing Status Active

Purchase Type For Sale

Square Footage 73,095 sqft

Price per Sqft $95

Subdivision Holabird

MLS Listing ID MDBA2148154

Originating Board BRIGHT

Year Built 1999

Annual Tax Amount $106,200

Tax Year 2024

Lot Size 4.560 Acres

Acres 4.56

Property Sub-Type Special Purpose

Property Description

6411 Beckley Street comprises a 77,225 square foot biomedical research office and laboratory building situated on 4.56 acres of industrially zoned and port adjacent land. The life sciences facility is currently 25% occupied by Pixelligent, Inc., a manufacturing company that, according to the company website, is “innovating advanced optical solutions for next-gen electronics applications.” The tenant has extended their lease through May of 2027 with increased rent beginning in June of 2025 ($543,390 gross rent per year). Current operating expenses put the building at a roughly break-even proposition as it stands, with ample opportunity for strategic building improvements to reduce overall operating expenses in addition to 75% remaining space available to occupy or lease. Proximity to the port, industrial zoning and overall acreage also present an exciting opportunity to fully reposition the building to a variety of alternative uses, including cold storage, traditional office or institutional purposes. The sale presents a unique opportunity for a strategic company headquarters, creative redevelopment or simply a well-timed value-add leasing opportunity.

Location

State MD

County Baltimore City

Zoning I-2

Interior

Hot Water Other

Heating Hot Water

Cooling Central A/C

Heat Source Other

Exterior

Garage Spaces 168.0

Water Access N

Accessibility Elevator

Total Parking Spaces 168

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Baltimore City Public Schools

Others

Tax ID 0326016923 005

Ownership Fee Simple

SqFt Source Assessor

Security Features Security Gate

Special Listing Condition Standard

Virtual Tour https://youtu.be/NdLvv5Emk98?si=EsON0gTwwzfiq6uX

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Listed by Charles N Billig • A.J. Billig & Company

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Nick Lutkins

+1(703) 626-6276

Team Leader, Realtor

6411 BECKLEY ST Baltimore, MD 21224

Nick Lutkins

Key Details

Location

Interior

Exterior

Building

Schools

Others

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