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Mixed-Use Retail and Apartment
For Sale
$300,000

1110 Cathedral St, Baltimore, MD 21201

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 Market94

Property Features for 1110 Cathedral St

General Information

Standard status Active
Size 1,361 SF
Occupancy 100%

Additional Details

Multifamily Units 1

Amenities

courtyard
washer/dryer
stainless steel appliances
basement storage

Building Details

Year Built 1900
Stories 3
Listing Agency: Cummings & Co Realtors
Listed By: Matthew E Garono · License #627356
Source: Riverfoxrealty
Added: Jul 20 Changed: Oct 3 Last Checked: Oct 6 at 12:27AM

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

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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

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$19,263
Cap Rate
6.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$385,260 $385.3K
Cap Rate 7%
$275,186 $275.2K
Cap Rate 9%
$214,033 $214.0K
Market Conditions
NOI Build-Up for 1,361 SF
Gross rent
$29.4K $21.60/SF
− Vacancy
−$1.9K −$1.38/SF
EGI
$27.5K $20.22/SF
− OpEx
−$8.3K −$6.07/SF
NOI
$19.3K $14.15/SF
Area
Baltimore, MD
Vacancy
6.39%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$385,260
Cap Rate 7%
$275,186
Cap Rate 9%
$214,033

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 authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Current Use

Summers cove hair Hair Salon

Suggested Use

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

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

4,545
Businesses Nearby

Demographics for 21201, MD

18,382
Population
11,468
Households
1.6
Avg Household Size
34
Median Age
47%
College-Educated
90%
High-School Grad
1.3 sq mi
ZIP Area
14,140
Density / Sq Mi
$44,722
Median Household Income
$44,239
Median Earnings
$1,282
Median Rent
$221,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Baltimore, MD

5.8% 2019
7.2% 2020
7% 2021
6.3% 2022
5.9% 2023
5.9% 2024
6.6% 2025

Frequently Asked Questions

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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