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    1640 Pennsylvania Ave Baltimore, MD 21217

    For Sale
    $699,000

    2,851 SF retail building in Penn Ave commercial corridor.

    Lot size:
    0.03 Acres

    Property Features for 1640 Pennsylvania Ave

    General Information

    Lot size
    0.03 Acres

    Building Details

    Year built
    1900

    Source: Avenue Real Estate Agent Ross M Conn

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

    Overview

    Retail Building in Upton Neighborhood

    This 2,851 square foot building is located in the Upton neighborhood's Penn Ave commercial corridor, near Avenue Market and Dollar General. The current tenant is a Metro by T-mobile franchisee. Pennsylvania Ave, a main artery for travel in and out of the city, has a daily traffic count of approximately 10,000 cars. The property is located approximately 2 miles from the Inner Harbor and is served by the Upton subway station.
    Insight Report Location Intelligence

    Current Use by Public Records

    Metro by T-Mobile Cell Phone Store

    Suggested Use

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

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

    Similar Places Nearby

    SameDay-FlowerDelivery, Fleurs d'Ave, Eternal Flame Forist & Otrch, Mary F Burns Florist Shop, Jw Flower Room

    Location Insight

    • Map
    • Local Demand
    City
    Baltimore
    County
    Baltimore
    State
    Maryland
    Longitude
    -76.6352286
    Latitude
    39.3037388

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    FAQs

    What type of property is this?
    Storefront property - 2,851 SF retail building in Penn Ave commercial corridor.
    Where is this storefront property located?
    The property is located at 1640 Pennsylvania Ave Baltimore, MD.
    What is the asking price?
    The asking price for this property is $699,000.
    What are key features of this property?
    This property features: - Prime location in the heart of the Penn Ave commercial corridor.; - High daily traffic count of approximately 10,000 cars.; - Current tenant is a Metro by T-mobile franchisee.
    (301) 275-5509
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    1640 Pennsylvania Ave Baltimore, MD 21217
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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
    1640 Pennsylvania Ave Baltimore, MD 21217
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