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    507 W Lexington St Baltimore, MD 21201

    Picture of Retail space at W Lexington St 507, Baltimore, MD
    For Lease
    $1,300 /Mo ($35 SF/Yr)

    CommercialLease - BALTIMORE, MD

    Type:Retail
    Lot size:
    0.01 Acres
    Days on Market:
    56
    Last Refresh:
    Dec 14 at 1:06 pm

    Property Features for 507 W Lexington St

    General Information

    Property type
    Other
    Property subtype
    Retail
    Standard status
    Active
    Parking features
    On Street
    Lot size
    0.01 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1880
    Number of units
    1

    Allegiance Realty Partners, LLC (703) 824-4800 [email protected]

    Listing agent Leah L Webster (703) 971-5555

    Listing date Oct 20, 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

    Retail Space Near Lexington Market

    This retail space is located steps away from the new Lexington Market and is suitable for most retail uses. The current tenant operates a convenience store, but the space could accommodate various retail businesses or even a trendy downtown office. The property offers a cozy space with potential and high foot traffic, which is expected to increase as the New Lexington Market retail area expands. The lot size is approximately 0.01 acres. The property is tenant-occupied and available for showings by appointment in Baltimore, MD.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Jerry's Clothing Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Baltimore
    County
    Baltimore
    State
    Maryland
    Longitude
    -76.62287
    Latitude
    39.29128

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    FAQs

    What type of property is this?
    Retail space - Retail space with high foot traffic near the new Lexington Market.
    Where is this retail space located?
    The property is located at 507 W Lexington St Baltimore, MD.
    What is the lease rate?
    The lease rate is $35 SF/Yr.
    What are key features of this property?
    This property features: - Steps away from the New Lexington Market, offering **high visibility and customer draw**.; - Suitable for various retail uses or a trendy downtown office.; - High foot traffic area, with potential for increased traffic due to market expansion.
    (703) 971-5555
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    507 W Lexington St Baltimore, MD 21201
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    Baltimore, MD 21201
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    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
    507 W Lexington St Baltimore, MD 21201
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