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    112 Lexington St Baltimore, MD 21201

    Sponsored
    For Sale
    $429,000

    Prime Baltimore Retail & Apartment

    Property size:
    6,820 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional Baltimore City property at 112 W Lexington Street offers a unique blend of retail and residential income potential. The 6,820 square foot building sits on a 0.04-acre lot and is ideally located near the intersection of Park Avenue and West Lexington Street. The ground floor comprises 1,705 square feet of retail space, currently operating as a beauty supply store, presenting a strong existing income stream or the opportunity for a new tenant. Above the retail space, a spacious 1,500 square foot, two-bedroom, two-bathroom apartment provides additional rental income. The building features a distinctive classic glass block storefront, adding to its curb appeal and character. Its prime location places it within easy walking distance of the revitalized Lexington Market and the CFG Bank Arena, ensuring high foot traffic and visibility. This presents a rare opportunity to acquire a mixed-use property in a rapidly developing area of Baltimore, offering both immediate income and significant long-term growth potential. The asking price is $429,000. The property's strategic location and versatile layout make it an attractive investment for both seasoned and new investors seeking a strong return on investment in a vibrant urban setting. This is a turnkey opportunity with immediate income generation.

    Property Features for 112 Lexington St

    General Information

    Property type
    Retail properties
    Square Feet
    6,820 SF
    Lot Size
    1,742 SF

    Building Details

    Year Built
    1920
    Property Profile Location Intelligence

    Current Use by Public Records

    Lexington Beauty Supply Cosmetics Store Phaze 10 Restaurant Next Phaze Events Restaurant Next Phaze Cafe Restaurant

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Baltimore
    County
    Baltimore City
    State
    Maryland
    Longitude
    -76.61768
    Latitude
    39.29182

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    FAQs

    What type of property is this?
    Retail property - Prime Baltimore Retail & Apartment
    Where is this retail property located?
    The property is located at 112 Lexington St Baltimore, MD.
    What is the asking price?
    The asking price for this property is $429,000.
    (410) 823-2323
    Request Owner's contact information
    112 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
    112 Lexington St Baltimore, MD 21201
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