Listing Agency: CBRE | Baltimore l***@cbre.com Show Phone

Listed By: Laurence Oster Show Phone

Source: Cbre

Added: Nov 22, 2025 Changed: Aug 8 Last Checked: Aug 12 at 4:12PM

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Investment Insights

Based on property information with market context.

This property is a retail space located at 23 South Gay Street in Baltimore, Maryland, within the 21202 zip code. It is classified as a retail property and suitable for individual retail businesses.

Key Highlights

• Retail space available for rent
• Located in Baltimore, Maryland

Property Analytics

Property Profile

Current Use

Guardian House Property Management Company

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Veterinary Clinic Buffet Pet Store Clothing & Fashion Store Pet Store & Service

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

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

8,766

Businesses Nearby

Explore this area Business Placement

Demographics for 21202, MD

22,247

Population

12,731

Households

1.7

Avg Household Size

33

Median Age

48%

College-Educated

86%

High-School Grad

1.6 sq mi

ZIP Area

13,904

Density / Sq Mi

$61,578

Median Household Income

$53,609

Median Earnings

$1,497

Median Rent

$307,700

Median Home Value

Market

Lease Benchmarks for Baltimore, MD

$21.28 /SF/Yr

Avg Asking Price

$4.22–$33.33 /SF/Yr

Price Range

10,257 SF

Avg Space Size

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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Retail space - Retail space available for rent in Baltimore, Maryland.

Where is this retail space located?

The property is located at 23 South Gay Street Baltimore, MD.

What are key features of this property?

This property features: Retail space available for rent; Located in Baltimore, Maryland