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Mixed-Use Retail and Apartment

1110 Cathedral St Baltimore, MD 21201

New
1110 Cathedral St, Baltimore, MD, 21201
$300,000
For Sale
$300,000

Three-story mixed-use building with separate entrances, retail on the first floor, and a lead-free renovated 1BD/1BA above.

Property Size1,361 SF
Price / SF$220.43
Days on Market3

Property Features for 1110 Cathedral St

General Information

Standard status
Active
Size
1,361 SF

Building Details

Year Built
1900
Listing agency Cummings & Co Realtors
Listed by Matthew E Garono · License #627356
Source Kandorre
Added: Jul 20 Updated: Jul 21 at 12:38PM Checked: Jul 22 at 4:51AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cummings & Co Realtors


Investment Insights

Based on property information with market context.

1110 Cathedral St is a 100% occupied three-story mixed-use building configured with a retail storefront on the first floor and a 1BD/1BA apartment above. The property has separate front entrances for the retail and apartment spaces, along with a courtyard and rear access space for the commercial portion. The first floor features an open layout with LVT flooring, exposed brick and beams, a bathroom, and a basement area for storage.

The second and third floors have been fully renovated and are certified lead-free. The second floor provides an open living room and kitchen with vinyl flooring and carpet, including a washer/dryer and stainless steel appliances. The third floor includes a large one-bedroom open layout with a ceramic tile bath and shower.

The building offers a functional split between commercial and residential spaces, supported by separate access points and dedicated rear/courtyard area for the retail use.

Key Highlights

  • 100% occupied mixed‑use building with retail on the first floor and a 1BD/1BA apartment above
  • Separate front entrances for the retail space and the apartment, plus a courtyard and rear access for the commercial area
  • First‑floor retail features an open layout with LVT flooring, exposed brick and beams, a bathroom, and basement storage

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $29.4k $21.60
− Vacancy −$1.9k −$1.38
EGI $27.5k $20.22
− OpEx −$8.3k −$6.07
NOI $19.3k $14.15
1,361 SF · lease $21.60/SF/yr · vacancy 6.39% · expense 30.00%

Alternative Uses

Best Use
Retail
$275.2K
$240.8K – $321.1K (±1% cap)
NOI $19,263 @ 7.0% cap · market cap 6.42%
Second Best
Mixed Use
$268.3K
$234.8K – $313.0K (±1% cap)
NOI $18,782 @ 7.0% cap · market cap 6.26%
Theoretical Best
Office A
$326.1K
$285.3K – $380.4K (±1% cap)
NOI $22,824 @ 7.0% cap · market cap 7.61%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Summers cove hair Hair Salon

Suggested Use

Electrical Service Pet Store Pet Store & Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Tanning Salon Restaurant Locksmith Restaurant

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

FAQs

What type of property is this?
Mixed-use property - Three-story mixed-use building with separate entrances, retail on the first floor, and a lead-free renovated 1BD/1BA above.
Where is this mixed-use property located?
The property is located at 1110 Cathedral St Baltimore, MD.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: 100% occupied mixed‑use building with retail on the first floor and a 1BD/1BA apartment above; Separate front entrances for the retail space and the apartment, plus a courtyard and rear access for the commercial area; First‑floor retail features an open layout with LVT flooring, exposed brick and beams, a bathroom, and basement storage
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