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    224 W Read St Baltimore, MD 21201

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    For Sale
    $750,000

    Mixed-use building with retail, apartments, and development potential.

    Property size:
    5,615 SF
    Lot size:
    0.06 Acres

    Property Features for 224 W Read St

    General Information

    Size
    5,615 SF
    Lot size
    0.06 Acres

    Source: Maryland Commercial Ventures Agent Nicholas Piscatelli

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Building with Development Potential

    This mixed-use building offers flexibility for various occupancy types and multiple uses for the parking lot. The first floor is suitable for retail use, while the upper floors can function as apartments. There is potential to add two to three new townhomes.
    Insight Report Location Intelligence

    Current Use by Public Records

    The Skybox Salon X ... Hair Salon

    Suggested Use

    Realty agency Restaurant Spa & Massage Law Firm Hair Salon Dental Office Nail Salon Clothing Store Food Market 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
    -76.6194206
    Latitude
    39.3009326

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use building with retail, apartments, and development potential.
    Where is this mixed-use property located?
    The property is located at 224 W Read St Baltimore, MD.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: - Mixed-use building suitable for various occupancy types.; - First floor adaptable as retail space.; - Upper floors suitable for apartments.
    (410) 365-0200
    Request Owner's contact information
    224 W Read 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
    224 W Read St Baltimore, MD 21201
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