3200 EASTERN Avenue, Baltimore, MD 21224
Commercial Sale - BALTIMORE, MD
- Added:
- Mar 11, 2024
- Days on Market:
- 827
- Last Refresh:
- Jun 15 at 7:06 am
Property Features for 3200 EASTERN Avenue
General Information
- Property type
- Other
- Property subtype
- Office
- Parking
- 16
- Parking features
- Parking Lot
- Standard status
- Active
- Size
- 5,400 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Annual Amount
- 6676
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1920
- Number of units
- 1
- Building materials
- Brick
Listing agent Christina Knott License #638559 (410) 960-2184
Listing office Cummings & Co. Realtors 2314 Boston Street, Baltimore, MD (410) 823-0033
Listing date Mar 11, 2024
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Over 5,400 sqft of MOVE‑IN READY office space.
- Includes 16 dedicated parking spaces.
- Convenient location on Eastern Ave. in Highlandtown.
- Perfect office layout for medical, counseling, or non‑profit uses.
- Full building renovation completed in 2012.
- Includes two parcels: 3200 Eastern Ave and 421 S. East Street.
Overview
The building is located at 3200 Eastern Ave in Highlandtown, Baltimore, with access supported by parking included behind the property. The offering includes two parcels: the office building parcel at 3200 Eastern Ave and an additional parcel at 421 S. East Street that includes 16 parking spaces directly behind the building.
For tenants, buyers, or operators seeking a renovated, ready-to-occupy office facility, the combination of a professional floor layout and dedicated storage space can help support day-to-day operations. The included parking arrangement via the second parcel may simplify tenant access and workflow for staff and visitors.
Local Financial Insights For Healthcare Medical
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 | $136.1k | $25.20 |
| − Vacancy | −$11.6k | −$2.14 |
| EGI | $124.5k | $23.06 |
| − OpEx | −$49.8k | −$9.22 |
| NOI | $74.7k | $13.83 |
Alternative Uses
Current Use by Public Records
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- Nexus Veterinary Specialists — 3700 O'Donnell St Suite 100, Baltimore, MD 21224
Location Insight
- Map
- Local Demand
- City
- Baltimore
- County
- Baltimore
- State
- Maryland
- Longitude
- -76.57135
- Latitude
- 39.28667
