Mixed-Use Property in Historic
For Sale
$640,000
225 - 227 W READ St, Baltimore, MD 21201
Income-producing property with commercial and residential units in Baltimore.
Days on Market98
Property Features for 225 - 227 W READ St
General Information
Standard status
Active
Property subtype
Investment
Building Details
Year Built
1900
Listing Agency:
Redfin Corporation
(443) 617-6592
Listed By:
Bryan Carnaggio · License #677096
(443) 617-6592
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Jul 30 at 6:07AM
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 Redfin Corporation
Investment Insights
Based on property information with market context.
This well-maintained, income-producing mixed-use property is located in Baltimore’s historic 21201 corridor. It features a stable commercial anchor and a premium residential unit, presenting an opportunity for investors seeking immediate ROI and rent. The commercial suite is occupied by a long-term, established tenant. This street-level flexible space benefits from high visibility and consistent foot traffic, anchored by the dense population of the Mount Vernon/Downtown area. The property also includes a spacious and modern 3-bedroom, 2-bathroom apartment with an open-floor plan currently occupied by long-term residents. The property is close to the UMD Medical Center, the Penn Station light rail, and the city's cultural heart. The property is registered as 1 parcel and 3 stories. Unit 225 is the commercial ground level portion, while Unit 227 is the residential space comprising the top 2 floors with a separate entrance. This property offers dual functionality and is very bikeable, very walkable and a rider's paradise.
Key Highlights
- Immediate ROI with zero vacancy at closing.
- Stable, long‑term commercial tenant provides consistent income.
- Premium, modern 3‑Bedroom, 2‑Bathroom residential unit with open‑floor plan and long‑term residents.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
4,545
Businesses Nearby
Explore this area
Business Placement
Demographics for 21201, MD
18,382
Population
11,468
Households
1.6
Avg Household Size
34
Median Age
47%
College-Educated
90%
High-School Grad
1.3 sq mi
ZIP Area
14,140
Density / Sq Mi
$44,722
Median Household Income
$44,239
Median Earnings
$1,282
Median Rent
$221,900
Median Home Value
Market
Properties on Market for Mixed-use properties in Baltimore
Vacancy Rate% for Retail in Baltimore, MD
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Income-producing property with commercial and residential units in Baltimore.
Where is this mixed-use property located?
The property is located at 225 - 227 W READ St Baltimore, MD.
What is the asking price?
The asking price for this property is $640,000.
What are key features of this property?
This property features: Immediate ROI with zero vacancy at closing.; Stable, long‑term commercial tenant provides consistent income.; Premium, modern 3‑Bedroom, 2‑Bathroom residential unit with open‑floor plan and long‑term residents.
