300 Charles StBaltimore, MD 21201

This exceptional 14-story, 258,135 square foot Sheraton Inner Harbor Hotel in Baltimore, MD presents a unique investment opportunity. Located in the heart of the Inner Harbor, this full-service hotel boasts 338 keys and benefits from its proximity to major attractions including the Baltimore Convention Center, Camden Yards, and the National Aquarium, drawing over 14 million annual visitors. The property features approximately 22,854 square feet of event space across 17 event rooms and 16 breakout rooms, catering to diverse events. Multiple revenue streams include a highly profitable 525-space parking operation (including an 8-level garage serving the Convention Center), and food and beverage outlets, such as the third-party leased Morton's Steakhouse (lease extended September 2022). Recent capital improvements exceeding $4.5 million ($13,300 per key) over the past five years, including a $2 million parking facility upgrade, demonstrate a commitment to maintaining high standards. Further upside potential exists through repositioning opportunities for food and beverage outlets, and development of an adjacent land parcel with over 350,000 square feet of gross buildable area. The property's efficient key count and desirable Sheraton branding offer strong operational and management advantages. The hotel sits on a 2.39-acre lot (APN: 22-02-0692 -005, 22-02-0692 -002, 22-02-0692 -002A) and is zoned C-5-DC. Built in 1985, this asset offers a compelling blend of established success and significant growth potential.