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Storefront with Upstairs Unit
For Sale
Contact for pricing
Pending

2427 E Monument St, Baltimore, MD 21205

Storefront investment property includes an additional upstairs unit currently designed as residential and also usable as office space.

Property SizeContact for details
Days on Market150

Property Features for 2427 E Monument St

General Information

Standard status Pending
Property subtype Retail
Listing Agency: Coldwell Banker Timonium
Listed By: Jewel Jennings-Wright · License #MD 680545
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Sep 7 at 12:52AM

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 Coldwell Banker Timonium

Investment Insights

Based on property information with market context.

This storefront investment property is available for sale in the Monument Ave area and is designed to support either owner-user or investor strategies. The building includes a storefront and an upstairs unit that is currently configured as a residential space. The property also presents renovation opportunities, including potential upside tied to renovating the upstairs unit.

The location is on E Monument St in Baltimore, Maryland, within the historic Monument Ave area. The property’s layout offers flexibility for those looking to renovate and lease the storefront and/or re-purpose the upstairs unit for office use.

At present, the upstairs space is laid out as a residential unit, with the option described in the offering to convert it to additional office space as part of a renovation program.

Key Highlights

  • Storefront investment property in the historic Monument Ave area
  • Includes an additional upstairs unit currently designed as a residential unit
  • Upstairs unit can also be used as office space

Property Analytics

Current Use

Unity Beauty Supply Vocational School

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Electrical Service HVAC Service Acupuncture

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

Location Intelligence

Trade Area within ½ mile

5,580
Businesses Nearby
Under-served
Demand for This Use

Demographics for 21205, MD

14,691
Population
6,502
Households
2.3
Avg Household Size
34
Median Age
16%
College-Educated
78%
High-School Grad
2.1 sq mi
ZIP Area
6,996
Density / Sq Mi
$38,723
Median Household Income
$36,735
Median Earnings
$1,052
Median Rent
$94,900
Median Home Value

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
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Similar Off Market Nearby

  • Everyday Rosé Events 2027 e lombard st, baltimore, md 21231
  • eOrchid Shop 2305 e monument st, baltimore, md 21205

Frequently Asked Questions

What type of property is this?
Storefront property - Storefront investment property includes an additional upstairs unit currently designed as residential and also usable as office space.
Where is this storefront property located?
The property is located at 2427 E Monument St Baltimore, MD.
What are key features of this property?
This property features: Storefront investment property in the historic Monument Ave area; Includes an additional upstairs unit currently designed as a residential unit; Upstairs unit can also be used as office space
More about this property
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