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Newly Built Retail Storefront
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1517 Eastern Ave, Baltimore, MD 21231

Flexible shell space with broad window lines, elevated ceilings, and signage opportunities for retail or office occupancy.

Space Size5,000 SF
Days on Market55

Property Features for 1517 Eastern Ave

General Information

Standard status Active
Size 5,000 SF
Property subtype RETAIL
Lease Type Modified Gross

Additional Details

Available From 2026-07-01
Utilities to Site Yes

Amenities

display windows
pedestrian entrance
high ceilings
minimal columns
illuminated signage
brick façade
updated utilities

Spaces For Lease

at 1517 Eastern Ave
1517 Eastern Ave $18/SF/Yr
Floor 1
Size 5,000 SF
Type RETAIL
Lease Type MODIFIED_GROSS
Availability AVAILABLE, Now
Sublease No
- The Allison at 1517 Eastern Ave presents the opportunity to lease newly constructed storefronts in a soon-to-open 18-unit luxury apartment building. The space features maximum visibility along the prominent Eastern Avenue corridor, and it offers a welcoming pedestrian-oriented entrance, generous display of windows, and a flexible interior configuration that can accommodate a variety of retail or office users. Above average ceiling heights and minimal structural columns support efficient layouts and blank canvas for any business. On the exterior, the newly constructed brick façade blends quintessential Baltimore architecture with modern taste. The incoming retailers will enjoy large signage space that can be illuminated at night. Rent is $18/SF + utilities (modified gross lease). T.I. + Free Rent concessions are available to well qualified applicants. Available July 1, 2026. - Newly constructed storefronts on Eastern Avenue offering maximum visibility - Flexible interior layout ideal for customized retail build-outs - Expansive display of windows enhance product presentation opportunities - Pedestrian-friendly entrance encourages customer engagement - Attractive ceiling heights support impactful merchandising solutions Updated utilities streamline tenant move-in process and lower wasted cost. - Brick façade blends old industrial Baltimore with neighborhood chic. - Strategic floorplan supports both boutique and larger formats - Secure space suited to single-tenant or multi-tenant use - Interior shell ready for quick adaptation by new tenant - Premium signage potential along extensively traveled corridor
Contact us
Listing Agency: Brexton Commercial - Baltimore
Listed By: Cody Chamberlain · License ##656933
Source: Moodyscre
Added: Aug 12 Changed: Oct 3 Last Checked: Oct 4 at 12:31PM

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 5,000-square-foot storefront opportunity is part of a newly constructed 18-unit apartment building at 1517 Eastern Ave. The space offers an adaptable interior with few structural columns, above-average ceiling heights, expansive windows, and an unfinished shell suitable for a customized build-out. Updated utilities and a brick exterior further define the property’s physical offering.

A pedestrian-oriented entry and substantial exterior signage area support customer-facing operations along Eastern Avenue. The premises can accommodate either a single tenant or multiple occupants, with availability beginning July 1, 2026. The lease structure is modified gross, with utilities handled separately.

Key Highlights

  • 5,000 SF storefront space within a newly constructed 18‑unit apartment building
  • 1517 Eastern Ave location in Baltimore, MD 21231
  • Flexible shell layout with minimal structural columns and above‑average ceiling heights

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick Pet Store Pet Store & Service (Bike/Boat/Book/etc) Store Tanning Salon HVAC Service Daycare Center

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

Lease Details

Yes
Utilities to site
Modified Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

3,682
Businesses Nearby
Under-served
Demand for This Use

Demographics for 21231, MD

17,062
Population
9,342
Households
1.8
Avg Household Size
33
Median Age
66%
College-Educated
95%
High-School Grad
0.9 sq mi
ZIP Area
18,958
Density / Sq Mi
$85,382
Median Household Income
$67,289
Median Earnings
$1,710
Median Rent
$336,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Baltimore, MD

$21.23 /SF/Yr
Avg Asking Price
$6.38–$33.33 /SF/Yr
Price Range
4,790 SF
Avg Space Size

This space is priced 15% below the average of $21.23 /SF/Yr.

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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Frequently Asked Questions

What type of property is this?
Storefront property - Flexible shell space with broad window lines, elevated ceilings, and signage opportunities for retail or office occupancy.
Where is this storefront property located?
The property is located at 1517 Eastern Ave Baltimore, MD.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: 5,000 SF storefront space within a newly constructed 18‑unit apartment building; 1517 Eastern Ave location in Baltimore, MD 21231; Flexible shell layout with minimal structural columns and above‑average ceiling heights
(410) 530-6502 Call to check price and availability
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