Chesapeake Building

Off-Market

305 West Chesapeake Avenue, Towson, MD 21204

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Office - General Office
  • Property Size 85,800 SF
  • Lot Size 2 Acre
  • Parking Spaces Avail. 171
  • Parking Ratio 2.00 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1966

Contacts

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Owner

  • True Owner
  • Registered Owner

Tenants

Suite Name Tenant Leased
Space
Rent Price Lease
Type
Space
Type
Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross
General
Office
11/01/2014-
N/A
370 17th Street
#6000
Morrison & Foerster,
(303) 592-1500
10,710 SF $26/SF/YR Full
Service
General
Office
08/01/2013-
07/31/2023
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Documents

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Sales

  • Purchase Date 02 Sep, 1999
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date

Market Trends

Average Actual Rents in Towson

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Towson Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2022 Avg. Asking Rent $26.04
  • 2022 Office Vacancy Rate 20.88%
  • 2022 Office Completions (SF)
View more Towson market trends

Location

Getting Around

  • Walk Score ®

    89/100 Very Walkable
  • Transit Score ®

    60/100 Good Transit
  • Bike Score ®

    53/100 Bikeable
Powered by Walk Score ®
  • City Towson, MD
  • Neighborhood Towson
  • Zip Code 21204
  • Market Baltimore

Points of Interest

  • Lutherville

    2.23 miles

  • Timonium Business Park

    2.56 miles

  • Falls Road

    2.66 miles

  • Mount Washington

    3.13 miles

  • Timonium Fairgrounds

    3.64 miles

  • Cold Spring Lane

    4.34 miles

  • Woodberry

    5.07 miles

  • West Cold Spring

    5.52 miles

  • Warren Road

    5.77 miles

  • Rogers Avenue

    5.80 miles

  • Exxon

    0.56 miles

  • Exxon

    0.58 miles

  • Shell

    0.65 miles

  • eVgo

    0.69 miles

  • Marathon

    1.12 miles

  • Exxon

    1.43 miles

  • Exxon

    1.46 miles

  • Oceanic

    1.50 miles

  • Carroll Motor Fuels

    1.51 miles

  • Sunoco

    1.53 miles

  • Lot 1

    0.09 miles

  • Lot 2

    0.11 miles

  • Lot 3

    0.12 miles

  • BCRA - Baltimore Avenue Parking Garage

    0.17 miles

  • BCRA - Washington Avenue Parking Garage

    0.21 miles

  • Towsontown Garage

    0.25 miles

  • Lot 7a

    0.28 miles

  • 37 Allegheny Lot

    0.30 miles

  • Lot 6

    0.31 miles

  • Berry Lot

    0.31 miles

  • Express Inn

    0.54 miles

  • Sheraton

    0.68 miles

  • Best Western Plus

    2.03 miles

  • Towson East Motel

    2.18 miles

  • Comfort Inn

    2.47 miles

  • The Welcome Inn

    2.49 miles

  • Red Roof Inn

    2.91 miles

  • Mt. Washington Conference Center

    3.18 miles

  • Delta Hotels Marriott

    3.66 miles

  • Holiday Inn Timonium

    4.19 miles

  • Nalley Fresh

    0.16 miles

  • Casa Mia's

    0.26 miles

  • Jake's NY Deli & Catering

    0.27 miles

  • BurgerFi

    0.30 miles

  • D.P. Dough

    0.33 miles

  • 7 West Bistro Grill

    0.34 miles

  • Towson Pizza

    0.34 miles

  • Thai One On

    0.35 miles

  • San Sushi Too

    0.35 miles

  • Kathmandu Kitchen

    0.35 miles

  • Towson Presby Kindergarten and Nursery

    0.05 miles

  • Immaculate Conception School

    0.36 miles

  • Fortis Institute

    0.39 miles

  • Towson University

    0.67 miles

  • Carver Center for Arts and Technology

    0.69 miles

  • Peabody Preparatory

    0.78 miles

  • Towson High School

    0.82 miles

  • Ascension Lutheran Church Nursery

    0.90 miles

  • Loyola High School

    0.95 miles

  • Towson University

    1.00 miles

  • Early Childhood learning Center YMCA

    0.04 miles

  • Trinity Episcopal Preschool

    0.27 miles

  • St. Paul's Lutheran Church Preschool

    1.90 miles

  • Fields Preparatory Early Learning Center

    2.86 miles

  • Goddard

    3.05 miles

  • Kiddie Calvert

    3.57 miles

  • Saint Paul's Plus

    3.99 miles

  • Creative Expression Childcare

    4.00 miles

  • Scholars in Wonderland Childcare Center

    4.04 miles

  • Mema's Early Learning Center LLC, License

    4.29 miles

Frequently Asked Questions

What is the total square footage of Chesapeake Building?

Chesapeake Building totals 85,800 square feet.

When was Chesapeake Building last sold?

Chesapeake Building was last sold on 02 Sep, 1999.

What is the property tax for Chesapeake Building?

The property tax for Chesapeake Building in 2023-2024 was $47,071.

What is the market value for Chesapeake Building?

The market value* for Chesapeake Building in 2023-2024 was $3,883,800.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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