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Renovated Two-Story Commercial Building

1325 EASTERN Ave, Baltimore, MD 21231

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For Sale

$1,750,000

7,932 SF renovated commercial building with retail and loft space.

Type:Commercial

Property size:

7,932 SF

Price / SF:

$220/SF

HighLights

Full renovation in 2016: new concrete slab, windows, doors, roof, mechanical, electric, plumbing, and fire safety systems.
High Walk Score (99), Transit Score (92), and Bike Score (84), indicating excellent walkability, public transportation, and biking options.
Pro‑Forma NOI of $172,000, indicating strong income potential.
StormMeister commercial grade flood proof doors installed in 2023 for all ground level doors.
First floor is a 3,966 sq ft retail space currently operating as a Zips Cleaners, featuring a garment conveyor belt system, ADA compliance, and energy‑efficient systems.
Second floor is a beautiful industrial‑style loft space with repointed brick, historic industrial features, and abundant natural light.

We can help!

Listing Contact

Rajbir S. Randhawa

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For Sale

$1,750,000

7,932 SF renovated commercial building with retail and loft space.

Type:Commercial

Property size:

7,932 SF

Price / SF:

$220/SF

Added:: Apr 24, 2026
Days on Market:: 50
Last Refresh:: Apr 24 at 3:24 pm

Property Features for 1325 EASTERN Ave

General Information

Standard status: Active
Size: 7,932 SF
Property subtype: Commercial

Building Details

Year Built: 1920

We can help!

Listing Contact

Rajbir S. Randhawa

Listing agent Rajbir S. Randhawa

Listing office

Listing date Apr 24, 2026

Source Elliman

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 Rajbir S. Randhawa

HighLights

Full renovation in 2016: new concrete slab, windows, doors, roof, mechanical, electric, plumbing, and fire safety systems.
High Walk Score (99), Transit Score (92), and Bike Score (84), indicating excellent walkability, public transportation, and biking options.
Pro‑Forma NOI of $172,000, indicating strong income potential.
StormMeister commercial grade flood proof doors installed in 2023 for all ground level doors.
First floor is a 3,966 sq ft retail space currently operating as a Zips Cleaners, featuring a garment conveyor belt system, ADA compliance, and energy‑efficient systems.
Second floor is a beautiful industrial‑style loft space with repointed brick, historic industrial features, and abundant natural light.

Overview

Located at 1325 Eastern Avenue, this property offers 7,932 square feet of space across two floors. A full renovation in 2016 included a new concrete slab, windows, doors, roof, and completely new mechanical, electric, plumbing, and fire safety systems. Structural work involved the installation of two 8-foot structural walls and new footings, along with a new front brick wall and repointing of the remaining brick walls. A steel ladder provides roof access. In 2023, StormMeister commercial-grade flood-proof doors were installed for every ground-level door. The first floor, approximately 3,966 square feet, currently operates as Zips Cleaners and features a check-out counter, garment conveyor belt system, ADA changing room and restroom, open workspace, sprinkler room, electrical room, and energy-efficient plumbing and electrical systems, including two tankless water heaters and three electrical panels. The second floor is a loft-style space with an entrance on Eastern Avenue. Windows line the eastern wall, providing natural morning light. The space features repointed brick and black trim, along with historic industrial features such as a gear and wheel. Mechanical features include a sprinkler system, a separately metered 120/208 V, 125 amp electrical panel, incandescent lighting fixtures, plywood floors, and wired space heaters. The location has a bike score of 84, a walk score of 99, and a transit score of 92.

Local Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$180.8k	$22.80
− Vacancy	−$9.9k	−$1.25
EGI	$170.9k	$21.55
− OpEx	−$42.7k	−$5.39
NOI	$128.2k	$16.16

7,932 SF · lease $22.80/SF/yr · vacancy 5.50% · expense 25.00%

Alternative Uses

Best Use

Specialty Retail

$1.83M

$1.60M – $2.14M (±1% cap)

NOI $128,177 @ 7.0% cap · market cap 7.32%

Second Best

Retail

$1.60M

$1.40M – $1.87M (±1% cap)

NOI $112,268 @ 7.0% cap · market cap 6.42%

Theoretical Best

Office A

$1.90M

$1.66M – $2.22M (±1% cap)

NOI $133,020 @ 7.0% cap · market cap 7.60%

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

Location Intelligence

Current Use by Public Records

ZIPS Cleaners (Bike/Boat/Book/etc) Store

Suggested Use

Similar Places Nearby

Genica Same Day Flower Delivery Baltimore MD — 300 s exeter st, baltimore, md 21202
Flowers By Chris Harbor Court — 500 Light St, Baltimore, MD 21202, United States
PERZYNSKI AND FILAR FLORIST — 500 S Ann St, Baltimore, MD 21231
Baltimore Florist — 920 Light St, Baltimore, MD 21230
J J Cummings Floral Co — 500 Light St, Baltimore, MD 21202

Location Insight

Map
Local Demand

City: Baltimore
County: Baltimore
State: Maryland
Longitude: -76.5984723
Latitude: 39.285126

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For sale
Storefront properties
MD
Baltimore
21231
1325 EASTERN Ave

What type of property is this?

Storefront property - 7,932 SF renovated commercial building with retail and loft space.

Where is this storefront property located?

The property is located at 1325 EASTERN Ave Baltimore, MD.

What is the asking price?

The asking price for this property is $1,750,000.

What are key features of this property?

This property features: Full renovation in 2016: new concrete slab, windows, doors, roof, mechanical, electric, plumbing, and fire safety systems.; High Walk Score (99), Transit Score (92), and Bike Score (84), indicating excellent walkability, public transportation, and biking options.; Pro‑Forma NOI of $172,000, indicating strong income potential.