100-110 SAINT PAUL STREET

BALTIMORE, MD, 21202

$7,000,000

$141 per ft²
$7,000,000
$141 per ft²
Pending
Pending
 - For Sale
carpenters-square
49,538 ft²
property_type
Commercial
calendar
Built 1940
List price to be opening bid. Online only auction. Online Registration and Bidding Opens On Sunday December 5th, 2021 at 12pm and ends on Friday December 10th, 2021 at 12pm. 96 Room Hotel known as the "Baltimore Plaza Hotel"along with an Adjoining 8-Story Building, Prominently Located in Downtown Baltimore City.Location: The properties are located in the center of Downtown Baltimore City, across the street from the Baltimore City Clarence M Mitchell, Jr. Courthouse. They share a unique location on the highest downtown hilltop opposite from where the original Courthouse was constructed in the mid-1700's. St. Paul St. is a major north-south arterial within Baltimore City. Nearby is the Mercy Medical Center and a number of high rise office buildings. In recent years, a number of downtown office buildings have been converted into residential uses. Hotels are scattered throughout the area. The Downtown area is defined as Franklin St. on the north side, Paca St. on the west side, Lombard St on the south side and I-83 on the east side. Description: The property is divided into three tax accounts. 100 St. Paul St also includes what was formerly 24-26 E. Fayette St. 104 and 110 St. Paul St. have been subdivided into two condominium units. Condominium Unit 1 comprises the basement, 1st, 2nd and 3rd floors of 110 St. Paul St as well as the 3rd and 4th floors of 104 St. Paul St. Condominium Unit 2 comprises the basement, 1st and 2nd floors of 104 St. Paul St and floors 4-7 of 110 St. Paul St. Site: The assemblage has a frontage of approx. 200' on St. Paul St. and extends the entire block from Fayette St. to Lexington St. The buildings also front on what was formerly known as Courthouse Plaza which is the landscaped area between the buildings and the street. There is also frontage of approx. 70' on Lexington St. and 50' on Fayette St. The assemblage contains approx. 11,991 sq. ft. of land area or 0.275 acre. The rear of 100 and 104 St. Paul St. are accessible from a 14" wide alley that runs off of E. Fayette St. Improvements: 110 St. Paul St. is improved by a 96 room hotel known as the "Baltimore Plaza Hotel." It is the former Title Guarantee Company Building designed by the noted architect Joseph Evans Sperry and constructed as an office building in 1912. It is seven stories along with a lower level. In 1983, 104 St. Paul St and 110 St. Paul St were made into two condominium units containing approx. 49,538 sq. ft., inclusive of the lower level. The hotel contains 96 rooms of which there are 44 king, 21 queen and 31 double rooms. Hotel amenities include a fitness center, free wi-fi, business center, on-site laundry facilities for the hotel, and a spacious lobby area. Some hotel rooms extend into the upper levels of 104 St. Paul which is an attached 4-story building. There was formerly a restaurant on the ground level of 104 St. Paul. 100 St Paul St is at the corner of Fayette St. and adjoins 104 St. Paul. 100 St. Paul is 8-stories and also includes an adjoining 3-story building formerly known as 24-26 E. Fayette St. The two buildings now known as 100 St. Paul St have been gutted and contain approx. 36,890 sq. ft of building area, inclusive of the lower level. Zoning: The properties are located in a C-5-TO Downtown Traditional Office Subdistrict. The Baltimore City Zoning Code states the following: "The purpose of the C-5-TO Downtown Traditional Office Subdistrict is: (i) to establish these standards for structures in an area that primarily consists of early 20th Century office development; and (ii) to seek to maintain a distinctive and desirable environment." Value Added: Plan A - 110 St. Paul St has extensive plans for conversion into a 125+ room Hyatt Centric Hotel which would include the redevelopment.
MLS® ID:
MDBA2018962
Updated:
8/9/22
Compass
The Baldwin & Griffin Group of Compass

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Cooling
Central A/C, Other
Heating
Other

Exterior/Building Features

Lot Size
4,178 ft² lot
Sewer
Public Sewer

School Information

School District
BALTIMORE CITY PUBLIC SCHOOLS

Other Property Details

Taxes
$38947.00
Tax Frequency
per YEAR
Garage
No
Parking
N
View
N
County
BALTIMORE CITY
Water Source
Public
Pool
No
Zoning
C-5TO

Property History

Date
Event
Price
Value
2/12/22
Pending
-
-
2/12/22
Price Change
$7,000,000
233%

Courtesy of Alex Cooper Auctioneers, Inc.

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Data last updated 1:41 PM UTC, 8/9/22

Compass
The Baldwin & Griffin Group of Compass
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