Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1236 W Pratt St Baltimore, MD 21223

    For Sale
    $699,900

    Commercial Sale - BALTIMORE, MD

    Type:Retail
    Lot size:
    0.12 Acres
    Days on Market:
    46
    Last Refresh:
    Dec 11 at 6:06 am

    Property Features for 1236 W Pratt St

    General Information

    Property type
    Other
    Property subtype
    Retail
    Standard status
    Active
    Parking
    11
    Parking features
    Parking Lot
    Lot size
    0.12 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1920
    Number of units
    2
    Building materials
    Brick

    ExecuHome Realty (443) 632-3000 [email protected]

    Listing agent Dimitrios Lynch (410) 960-2949 License #621538

    Listing date Oct 27, 2025

    Copyright © 2025 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Income-Producing Commercial Property in Baltimore

    This income-producing property, located on a high-traffic corner, generates $6,706 per month with an 8% cap rate and is projected to reach 10.5%+ with value-add improvements. The 4,860 sq. ft. building is fully leased to two tenants: King Tire and Auto Shop, with a 10-year lease at $4,700 per month through May 31, 2036, and TJ Mart convenience store, with a 3-year lease at $2,060 per month through May 31, 2028, including 3% annual increases and a self-funded buildout. Two unused upper-level spaces offer additional income potential of $2,000+ per month. One space is located above the 3-bay garage, suitable for an apartment or salon, and the other is above the tire shop, ideal for a studio, storage, or office. Additional features include parking for 11+ vehicles, high bay ceilings, and three bathrooms. The property also has zoned central air and dual access from Pratt and Carey Streets. Situated across from Mount Clare Junction Shopping Center and under 1.5 miles from I-95, I-395, and I-295, this two-parcel property on a 0.12-acre lot offers stable returns with room to grow.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Auto shops

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Pope's Auto, Middleton & Meads Co, Inc., Gene Bowman's Body Shop Inc, Baltimore Autoboyz, Baltimore On-Site Truck & Trailer Repair

    Location Insight

    • Map
    • Local Demand
    City
    Baltimore
    County
    Baltimore
    State
    Maryland
    Longitude
    -76.63751
    Latitude
    39.28586

    Nearby Similar for Sale

    • $949,999
      6,702 SF

      Renovated Brownstone Multifamily Investment Opportunity

      Turnkey multifamily property with five luxury apartment units in Baltimore.
      2304 Eutaw Pl, Baltimore, MD 21217
      View Details
    • $800,000
      2,307 SF

      Renovated Firehouse with Two Apartments

      Completely renovated firehouse featuring two separate apartments with room to expand.
      1001 Hilltop Rd, Baltimore, MD 21226
      View Details
    • $1,200,000
      5,250 SF

      Baltimore Bed & Breakfast Opportunity

      Licensed bed and breakfast in Little Italy with investment potential.
      210 S High St, Baltimore, MD 21202
      View Details
    • $300,000
      2,640 SF

      Renovated Duplex in Historic Upton

      Fully renovated duplex in Baltimore's Upton neighborhood with income potential.
      750 Dolphin St, Baltimore, MD 21217
      View Details
    • $600,000
      4,020 SF

      Multifamily Property Near Stadiums

      Updated multifamily property with spacious units near Camden Yards.
      700 Portland St, Baltimore, MD 21230
      View Details
    • $864,000

      Fells Point Mixed-Use Investment

      Mixed-use property in historic Fells Point with income potential.
      827 S Bond St, Baltimore, MD 21231
      View Details

    FAQs

    What type of property is this?
    Auto shop - Fully leased commercial building with income and value-add potential.
    Where is this auto shop located?
    The property is located at 1236 W Pratt St Baltimore, MD.
    What is the asking price?
    The asking price for this property is $699,900.
    What are key features of this property?
    This property features: - Income-producing property generating $6,706/month with an 8% cap rate, projected to reach 10.5%+ with value-add improvements.; - Fully leased to two strong tenants: King Tire and Auto Shop (10-year lease at $4,700/month through 5/31/2036) and TJ Mart convenience store (3-year lease at $2,060/month through 5/31/2028 with 3% annual increases).; - Two unused upper-level spaces offer additional income potential of $2,000+/month.
    (410) 960-2949
    Request Owner's contact information
    1236 W Pratt St Baltimore, MD 21223
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1236 W Pratt St
    Baltimore, MD 21223
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1236 W Pratt St Baltimore, MD 21223
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.