Station North Retail/Industrial
2011-2017 Maryland Avenue Baltimore, MD 21218
2011-2017 Maryland Avenue, Baltimore, MD, 21218
$425,000
For Sale
$425,000
Freestanding 5,550 SF building in Station North Arts District.
Property Size5,550 SF
Price / SF$76.58
Days on Market110
Property Features for 2011-2017 Maryland Avenue
General Information
- Standard status
- Active
- Size
- 5,550 SF
- Property subtype
- Industrial, Retail
Listing agency
MacKenzie Commercial Real Estate - Corporate
(410) 494-4857
Listed by
Chris Walsh · License #MD 636644
(410) 494-4857
Source
Mackenziecommercial
Added: Apr 3 Updated: Jul 10 at 1:14PM Checked: Jul 21 at 3:01AM
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 MacKenzie Commercial Real Estate - Corporate
Investment Insights
Based on property information with market context.
A freestanding retail/industrial building, situated at 2011-2017 Maryland Avenue in Baltimore's Station North Arts District, is available for sale. The one-story property provides approximately 5,550 square feet of space. A roll-up garage door is located at the rear of the building, providing alley access. The property includes a dedicated parking area adjacent to the building. Multiple entry and exit points are available. This versatile space is suitable for various uses, including retail, a brewery, restaurant, or storage facility, presenting a unique opportunity in the Station North area.
Key Highlights
- Located in the vibrant Station North Arts District.
- Approximately 5,550 square feet of one‑story space.
- Versatile space suitable for retail, brewery, restaurant, or storage.
Local Financial Insights For Industrial
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 | $46.6k | $8.40 |
| − Vacancy | −$2.8k | −$0.51 |
| EGI | $43.8k | $7.89 |
| − OpEx | −$13.1k | −$2.37 |
| NOI | $30.6k | $5.52 |
5,550 SF · lease $8.40/SF/yr · vacancy 6.10% · expense 30.00%
Alternative Uses
Best Use
Mixed Use
$1.05M
$915.8K – $1.22M
NOI $73,260 @ 7.0% cap · market cap 17.24%
Second Best
Specialty Retail
$936.2K
$819.2K – $1.09M
NOI $65,534 @ 7.0% cap · market cap 15.42%
Theoretical Best
Office A
$1.51M
$1.32M – $1.76M
NOI $105,628 @ 7.0% cap · market cap 24.85%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Freestanding 5,550 SF building in Station North Arts District.
Where is this mixed-use property located?
The property is located at 2011-2017 Maryland Avenue Baltimore, MD.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Located in the vibrant Station North Arts District.; Approximately **5,550 square feet of one‑story space.**; Versatile space suitable for retail, brewery, restaurant, or storage.
