21-Unit Mixed-Use Investment
330-332 336 Saint Paul Place, Baltimore, MD 21202
Downtown Baltimore mixed-use property with value-add potential.
Type:Mixed Use, Multifamily
Property size:
19,312 SFPrice / SF:
$194/SF- Added:
- Mar 4, 2026
- Days on Market:
- 125
- Last Refresh:
- Jul 2 at 7:24 am
Property Features for 330-332 336 Saint Paul Place
General Information
- Standard status
- Active
- Size
- 19,312 SF
- Property subtype
- Mixed Use, Multifamily
Building Details
- Year Built
- 1900
Listing office VYBE Realty
Listing date Mar 4, 2026
Source Crexi
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 VYBE Realty
HighLights
- 21‑unit mixed‑use property in Downtown Baltimore, featuring 19 residential units and 2 commercial spaces.
- Value‑add opportunity through lease‑up of vacant residential units and commercial spaces.
- Immediate income with approximately 80% occupancy.
- Potential for increased cash flow through rent stabilization and operational efficiencies.
- Prime location near Mercy Medical Center, Baltimore Inner Harbor, Charles Street, and major employment hubs.
- Two vacant ground‑floor commercial spaces offer diverse tenant possibilities.
Overview
Located in Downtown Baltimore, the property at 330-332 & 336 Saint Paul Place presents a 21-unit mixed-use investment opportunity. The building, with a total size of approximately 20,000 square feet, includes 19 residential units and 2 commercial storefronts. Currently, the property is approximately 80% occupied, providing immediate income with potential for increased cash flow. The residential units generate income, with further potential through renovations and leasing at market rates. The two vacant ground-floor commercial spaces offer an opportunity for retail, restaurant, office, or service tenants in a visible downtown corridor. The property is located minutes from Mercy Medical Center, Baltimore Inner Harbor, Charles Street, and major employment hubs, benefiting from rental demand driven by healthcare, professional services, and downtown employment centers. This property is suited for investors seeking a mixed-use asset with stable income and upside potential in a prime Baltimore location.
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 | $417.1k | $21.60 |
| − Vacancy | −$26.7k | −$1.38 |
| EGI | $390.5k | $20.22 |
| − OpEx | −$117.1k | −$6.07 |
| NOI | $273.3k | $14.15 |
19,312 SF · lease $21.60/SF/yr · vacancy 6.39% · expense 30.00%
Alternative Uses
Best Use
Retail
$3.90M
$3.42M – $4.56M
NOI $273,339 @ 7.0% cap · market cap 7.29%
Second Best
Mixed Use
$3.81M
$3.33M – $4.44M
NOI $266,506 @ 7.0% cap · market cap 7.11%
Theoretical Best
Office A
$4.63M
$4.05M – $5.40M
NOI $323,863 @ 7.0% cap · market cap 8.64%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Storefront properties
Location Insight
- Map
- Local Demand
- City
- Baltimore
- County
- Baltimore
- State
- Maryland
- Longitude
- -76.6144706
- Latitude
- 39.2938951
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Downtown Baltimore mixed-use property with value-add potential.
Where is this mixed-use property located?
The property is located at 330-332 336 Saint Paul Place Baltimore, MD.
What is the asking price?
The asking price for this property is $3,750,000.
What are key features of this property?
This property features: 21‑unit mixed‑use property in Downtown Baltimore, featuring 19 residential units and 2 commercial spaces.; Value‑add opportunity through lease‑up of vacant residential units and commercial spaces.; Immediate income with approximately 80% occupancy.
