5136-5140 Park Heights Ave

6,919 SF Vacant Retail Building Baltimore, MD 21215 $350,000 ($51/SF)

Executive Summary

Have you heard what's happening in Park Heights? The State has acquired ownership of the Pimlico Race Track and is redeveloping the property to turn it into an all-year round venue to festivals and concerts. It has the potential to transform the entire neighborhood and this property gives you the opportunity to get in on the ground floor before real estate prices in the neighborhood go through the roof. This two story 4,816 SF two story zoned C-1 is loaded with tons of potential and tons of options. The property is really the merger of 5136 Park Heights of 5138 Park Heights creating a building that is 35' wide and 80' deep. Uses permitted per zoning include day care (adult or child); home occupation; residential care facility; church (place of worship); animal clinic; art gallery; art studio; financial institution; health and fitness center; general office space; personal services establishment; restaurant; retail and much, much more.

Property Facts

Sale Type
Investment or Owner User
Sale Conditions
Deferred Maintenance
Property Type
Retail
Property Subtype
Convenience Store
Building Size
6,919 SF
Building Class
C
Year Built
1924
Price
$350,000
Price Per SF
$51
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
10’
Building FAR
1.13
Lot Size
0.14 AC
Zoning
B-2-2 - community commercial district that allows a variety of commercial uses, including retail, to serve multiple neighborhoods.
Parking
5 Spaces (0.82 Spaces per 1,000 SF Leased)
Frontage
61 FT on Park Heights Ave

Amenities

  • Signage
Walk Score®
Very Walkable (79)

Nearby Major Retailers

PNC Bank
ALDI
Bashas' Supermarkets

PROPERTY TAXES

  • Listing ID: 34183175

  • Date on Market: 12/12/2024

  • Last Updated:

  • Address: 5136-5140 Park Heights Ave, Baltimore, MD 21215