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Three-Story Mixed-Use Building
For Sale
Contact for pricing
Pending

235 W Read St, Baltimore, MD 21201

Brick property combines an occupied retail storefront with a two-level apartment featuring exposed brick and an eat-in kitchen.

Property Size2,070 SF
Lot Size0.02 Acres
Days on Market144

Property Features for 235 W Read St

General Information

Standard status Pending
Size 2,070 SF
Lot size 0.02 Acres
Property subtype Mixed Use
Occupancy 100%

Financials

Gross Income $41,629
Average Monthly Rent $1,470

Units

Unit Mix 1 x 2BR/2BA
Multifamily Units 1

Additional Details

Public Transit Yes

Building Details

Buildings 1
Stories 3
Construction brick
Tenancy Multi
Listing Agency: Alex Cooper Auctioneers, Inc
Listed By: Paul Cooper · License #MD 92125
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 30 at 3:16PM

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 Alex Cooper Auctioneers, Inc

Investment Insights

Based on property information with market context.

This three-story brick mixed-use property contains approximately 2,070 square feet of above-grade space on a lot measuring about 28' x 30'. The first-floor commercial unit is occupied by Michelangelo's Pizzeria. The second and third floors comprise a two-level apartment with 2 bedrooms, 2 full bathrooms, a laundry room, walk-in closet, exposed brick, and a full-size eat-in kitchen with an island. The retail lease expires in March 2028 and includes annual rent increases of 2% thereafter beginning in April 2024.

The property is located in Baltimore's Mount Vernon cultural district, a designated National Landmark Historic District and city Cultural District. Nearby institutions include the Peabody Conservatory, Walters Art Museum, University of Baltimore, Maryland Historical Society, Maryland Institute College of Art, Joseph Meyerhoff Symphony Hall, Baltimore School for the Arts, Lyric Opera House, and Center Stage. The area is served by public transit and is located blocks from Light Rail.

Key Highlights

  • 3‑story brick mixed‑use building with 2,070 +/- square feet of above grade area
  • Approximately 28' x 30' lot
  • First‑floor retail unit occupied by Michelangelo's Pizzeria

Property Analytics

Current Use

Michaelangelos Pizza Baltimore Take-out & Catering Michaelangelo's Pizza “The Art ... Restaurant

Suggested Use

Top Pick Veterinary Clinic Pet Store Pet Store & Service Electrical Service (Bike/Boat/Book/etc) Store Locksmith

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

1
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

6,037
Businesses Nearby

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

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?
Mixed-use property - Brick property combines an occupied retail storefront with a two-level apartment featuring exposed brick and an eat-in kitchen.
Where is this mixed-use property located?
The property is located at 235 W Read St Baltimore, MD.
What are key features of this property?
This property features: 3‑story brick mixed‑use building with 2,070 +/- square feet of above grade area; Approximately 28' x 30' lot; First‑floor retail unit occupied by Michelangelo's Pizzeria
(410) 977-4707 Call to check price and availability
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