Entitled Mixed-Use Redevelopment
For Sale
$1,237,500
2126 Maryland Avenue, Baltimore, MD 21218
Permit-ready redevelopment offering 29 residential units and four ground-floor commercial suites, with windows installed and drawings included.
Property SizeContact for details
Days on Market112
Property Features for 2126 Maryland Avenue
General Information
Standard status
Active
Property subtype
Commercial
Building Details
Year Built
1920
Listing Agency:
Greysteel Company LLC
Listed By:
Ari Firoozabadi
(202) 996-4300
Source:
Ournexthouse
Added: May 5
Changed: Aug 24
Last Checked: Aug 24 at 7:12AM
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 Greysteel Company LLC
Investment Insights
Based on property information with market context.
2126 Maryland Avenue presents a permit-ready mixed-use redevelopment opportunity with a defined remaining scope. The approved program includes 29 residential dwelling units distributed across four levels, plus four commercial suites on the ground floor. Fully executed architectural drawings by Donny Ankri Architects covering all four levels, along with associated permits and BMZA application materials, are included with the sale.
Construction has been initiated: the roof has been reframed at 101 W. 22nd Street and 45 replacement windows (32"x60") have been installed throughout the second floor and above. The approved permit scope also included a 1,200 amp electrical service upgrade that has not yet been completed, along with completion of remaining window installations, full MEP system installation, and interior buildout across the 29 units and four commercial suites. The property is being delivered fully vacant. An active permit extension (B-EXT-25-03663) is pending with Baltimore City permitting, and buyers are advised to independently confirm current status and any requirements to reactivate or re-pull related permits.
The property is positioned as a high-visibility corner at Maryland Avenue and W. 22nd Street in the southern tip of Charles North. The C-1 district approvals include a variance allowing 29 units (38% above 21 units permitted by right) tied to the C-1 zoning’s 300 SF minimum lot area requirement, and no off-street parking is required due to C-1 exemptions. Maryland Avenue provides strong connectivity, with I-83 under a mile away and the Inner Harbor and Downtown Baltimore within two miles.
Construction has been initiated: the roof has been reframed at 101 W. 22nd Street and 45 replacement windows (32"x60") have been installed throughout the second floor and above. The approved permit scope also included a 1,200 amp electrical service upgrade that has not yet been completed, along with completion of remaining window installations, full MEP system installation, and interior buildout across the 29 units and four commercial suites. The property is being delivered fully vacant. An active permit extension (B-EXT-25-03663) is pending with Baltimore City permitting, and buyers are advised to independently confirm current status and any requirements to reactivate or re-pull related permits.
The property is positioned as a high-visibility corner at Maryland Avenue and W. 22nd Street in the southern tip of Charles North. The C-1 district approvals include a variance allowing 29 units (38% above 21 units permitted by right) tied to the C-1 zoning’s 300 SF minimum lot area requirement, and no off-street parking is required due to C-1 exemptions. Maryland Avenue provides strong connectivity, with I-83 under a mile away and the Inner Harbor and Downtown Baltimore within two miles.
Key Highlights
- Variance approved for 29 residential units (38% above 21 units permitted by right) under the C‑1 District’s 300 SF minimum lot area requirement
- Fully executed architectural drawings (Donny Ankri Architects) plus permits and BMZA application materials included with the sale for all four levels
- Construction initiated: roof reframed at 101 W. 22nd St. and 45 replacement windows (32"x60") installed on the second floor and above
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,856
Businesses Nearby
Explore this area
Business Placement
Demographics for 21218, MD
46,238
Population
21,751
Households
2.1
Avg Household Size
34
Median Age
44%
College-Educated
90%
High-School Grad
4.3 sq mi
ZIP Area
10,753
Density / Sq Mi
$58,378
Median Household Income
$38,316
Median Earnings
$1,239
Median Rent
$229,800
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Apartment building - Permit-ready redevelopment offering 29 residential units and four ground-floor commercial suites, with windows installed and drawings included.
Where is this apartment building located?
The property is located at 2126 Maryland Avenue Baltimore, MD.
What is the asking price?
The asking price for this property is $1,237,500.
What are key features of this property?
This property features: Variance approved for 29 residential units (38% above 21 units permitted by right) under the C‑1 District’s 300 SF minimum lot area requirement; Fully executed architectural drawings (Donny Ankri Architects) plus permits and BMZA application materials included with the sale for all four levels; Construction initiated: roof reframed at 101 W. 22nd St. and 45 replacement windows (32"x60") installed on the second floor and above
