Renovated Retail Building in
1325 Eastern Ave Baltimore, MD 21231
1325 Eastern Ave, Baltimore, MD, 21231
Contact for pricing
For Sale
Contact for pricing
7,932 SF renovated retail building in Baltimore's Harbor East.
Property Size7,932 SF
Price / SF$220.63
Days on Market53
Property Features for 1325 Eastern Ave
General Information
- Standard status
- Active
- Size
- 7,932 SF
- Property subtype
- RETAIL
Listing Agency
Brexton Commercial - Baltimore
(410) 530-6502
Listed by
Cody Chamberlain · License ##656933
(410) 530-6502
Source
Moodyscre
Added: May 26 Checked: Jul 17 at 4:06 am
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 Brexton Commercial - Baltimore
Investment Insights
Based on property information with market context.
This 7,932 SF building, constructed in 1920 and renovated in 2017, is located in the Harbor East neighborhood of Baltimore City. Zoned C-2, the property offers versatile usage options and excellent visibility for retail businesses. The property is suitable for retail investment.
Key Highlights
- Prime retail investment opportunity.
- Located in the thriving Harbor East neighborhood of Baltimore City.
- 7,932 SF building with excellent visibility.
Local Financial Insights For Retail
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 | $171.3k | $21.60 |
| − Vacancy | −$10.9k | −$1.38 |
| EGI | $160.4k | $20.22 |
| − OpEx | −$48.1k | −$6.07 |
| NOI | $112.3k | $14.15 |
7,932 SF · lease $21.60/SF/yr · vacancy 6.39% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.60M
$1.40M – $1.87M
NOI $112,268 @ 7.0% cap · market cap 6.42%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.90M
$1.66M – $2.22M
NOI $133,020 @ 7.0% cap · market cap 7.60%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
ZIPS Cleaners
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - 7,932 SF renovated retail building in Baltimore's Harbor East.
Where is this retail space 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: Prime retail investment opportunity.; Located in the thriving Harbor East neighborhood of Baltimore City.; **7,932 SF building with excellent visibility.**
