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    Highlandtown Auto Business Opportunity Title is generated by Realmo AI

    303 S EATON St, Baltimore, MD 21224

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    For Sale
    $499,900

    Established auto business for sale in Highlandtown with transferable licenses.

    Type:Commercial
    Property size:
    2,472 SF
    Lot size:
    0.13 Acres
    Price / SF:
    $202/SF
    Added:
    Mar 10, 2026
    Days on Market:
    119
    Last Refresh:
    Jul 2 at 3:03 pm

    Property Features for 303 S EATON St

    General Information

    Standard status
    Active
    Size
    2,472 SF
    Lot size
    0.13 Acres
    Property subtype
    Commercial

    Building Details

    Year Built
    1964

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    Paul W Marston

    Listing office

    Listing date Mar 10, 2026

    Source Elliman

    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 Paul W Marston

    HighLights

    • Established auto business (32+ years) with potential for immediate operation.
    • Turnkey operation with fully equipped repair shop and dedicated office space.
    • Excellent visibility and parking for 28 cars.
    • Transferable business licenses for a seamless transition.
    • Spacious 2,472 sq ft building on a 5,635 sq ft lot.
    • Ideal for auto mechanic shop, car dealership, or versatile investment property.

    Overview

    This commercial property in Highlandtown presents a turnkey opportunity for an auto mechanic shop and car dealership. The established auto business has been operating for over 32 years. The property features a 2,472 square foot building with dedicated office space and a fully equipped repair shop, situated on a 5,635 square foot lot. There is parking available for 28 cars. The existing business licenses may be transferable to the new owner. This location is suitable for high customer traffic.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $45.4k $18.36
    − Vacancy −$2.9k −$1.17
    EGI $42.5k $17.19
    − OpEx −$12.7k −$5.16
    NOI $29.7k $12.03
    2,472 SF · lease $18.36/SF/yr · vacancy 6.39% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $424.9K
    $371.8K – $495.7K (±1% cap)
    NOI $29,740 @ 7.0% cap · market cap 5.95%
    Second Best
    Industrial
    $195.0K
    $170.6K – $227.5K (±1% cap)
    NOI $13,649 @ 7.0% cap · market cap 2.73%
    Theoretical Best
    Office A
    $592.2K
    $518.2K – $690.9K (±1% cap)
    NOI $41,456 @ 7.0% cap · market cap 8.29%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    5 Star Cars Car Dealership

    Suggested Use

    Dental Office Law Firm Nursing Home Nursing Home Home Appliance Store Bed & Breakfast Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Hotel & Motel (Bike/Boat/Book/etc) Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • C & R Truck Services — 1194 Ponca St, Baltimore, MD 21224
    • Valvoline Instant Oil Change — 4600 O'Donnell St, Baltimore, MD 21224
    • BJ's Wholesale Club — 4701 O'Donnell St, Baltimore, MD 21224
    • TA Travel Center — 5501 O'Donnell Street Cut Off, Baltimore, MD 21224
    • Beat salon — 1111 s ellwood ave #571456, baltimore, md 21224

    Location Insight

    • Map
    • Local Demand
    City
    Baltimore
    County
    Baltimore
    State
    Maryland
    Longitude
    -76.5651
    Latitude
    39.2883

    FAQs

    What type of property is this?
    Auto shop - Established auto business for sale in Highlandtown with transferable licenses.
    Where is this auto shop located?
    The property is located at 303 S EATON St Baltimore, MD.
    What is the asking price?
    The asking price for this property is $499,900.
    What are key features of this property?
    This property features: Established auto business (32+ years) with potential for immediate operation.; Turnkey operation with fully equipped repair shop and dedicated office space.; **Excellent visibility and parking for 28 cars.**
    More about this property
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