Live-Work Retail with Upstairs
3210 EASTERN Avenue Baltimore, MD 21224
For Sale
$325,000
MULTI_FAMILY - BALTIMORE, MD
Property Size1,400 SF
Lot Size0.03 Acres
Price / SF$232.14
Days on Market51
Property Features for 3210 EASTERN Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Rooms
Basement
Parking
2
Parking features
Driveway
Appliances
Stove, Refrigerator
Standard status
Active
Size
1,400 SF
Lot size
0.03 Acres
Taxes and HOA fees
Tax Annual Amount
2240
Utilities
Heating system
Baseboard, Electric (Heating)
Cooling system
Central Air
Building Details
Year built
1920
Number of units
2
Building materials
Brick
Listing Agency:
Cummings & Co. Realtors
(410) 823-0033
Listed By:
Adrian M Sushko · License #523370
(410) 908-3568
Added: Jun 9
Changed: Jun 14
Last Checked: Jul 29 at 12:06PM
MLS# MDBA2218734
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.
Investment Insights
Based on property information with market context.
This for-sale live-work style property combines a main level commercial space with a separate apartment upstairs. The layout is designed to support an owner-operator use, with the option to run a business at street level while residing on the second floor. The offering also includes dedicated parking, supporting day-to-day customer and tenant access.
The building is located in Highlandtown along Eastern Avenue, positioned within walking distance of The Creative Alliance and described as steps from that venue. The area is also noted as being just 2 blocks from Patterson Park.
For tenants, buyers, and operators looking for flexibility, the mix of retail frontage and an upstairs residential unit can help accommodate a range of business models that benefit from on-site living. It also suits buyers seeking a combined commercial and residential configuration in a neighborhood retail corridor, with dedicated parking included as part of the overall package.
The building is located in Highlandtown along Eastern Avenue, positioned within walking distance of The Creative Alliance and described as steps from that venue. The area is also noted as being just 2 blocks from Patterson Park.
For tenants, buyers, and operators looking for flexibility, the mix of retail frontage and an upstairs residential unit can help accommodate a range of business models that benefit from on-site living. It also suits buyers seeking a combined commercial and residential configuration in a neighborhood retail corridor, with dedicated parking included as part of the overall package.
Key Highlights
- Brick building built in 1920 at 3210 Eastern Ave
- Flexible layout with main level commercial space plus a separate apartment upstairs
- Central air conditioning and electric heating with baseboard heating
Financial Insights For Office B
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 | $30.7k | $21.96 |
| − Vacancy | −$5.3k | −$3.78 |
| EGI | $25.5k | $18.18 |
| − OpEx | −$6.4k | −$4.55 |
| NOI | $19.1k | $13.64 |
1,400 SF · lease $21.96/SF/yr · vacancy 17.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$272.7K
$238.7K – $318.2K
NOI $19,092 @ 7.0% cap · market cap 5.87%
Second Best
Mixed Use
$243.0K
$212.6K – $283.5K
NOI $17,010 @ 7.0% cap · market cap 5.23%
Theoretical Best
Office A
$335.4K
$293.5K – $391.3K
NOI $23,478 @ 7.0% cap · market cap 7.22%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Live-work space - Mixed-use building offers main level retail space plus a separate upstairs apartment, with dedicated parking for added convenience.
Where is this live-work space located?
The property is located at 3210 EASTERN Avenue Baltimore, MD.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Brick building built in 1920 at 3210 Eastern Ave; Flexible layout with main level commercial space plus a separate apartment upstairs; Central air conditioning and electric heating with baseboard heating
