Baltimore Commercial Building For
3615 East Northern Pkwy Baltimore, MD 21206
3615 East Northern Pkwy, Baltimore, MD, 21206
$2,200,000
For Sale
$2,200,000
Commercial property for sale in Baltimore, MD
Property Size8,100 SF
Lot Size0.70 Acres
Price / SF$271.60
Days on Market215
Property Features for 3615 East Northern Pkwy
General Information
- Standard status
- Active
- Property type
- Storefront properties, Individual retail properties
- Size
- 8,100 SF
- Class
- C
- Lot size
- 0.70 Acres
Listing agency
Gold and Company, LLC.
(443) 928-7522
Listed by
Jim · License #617251
(443) 928-7522
Added: Dec 19, 2025 Updated: Mar 16 at 9:06AM
Investment Insights
Based on property information with market context.
This commercial property in Baltimore, Maryland, features a free-standing, single-story building with approximately 8,100 square feet of space. The property is situated on a 0.7-acre lot and includes ample parking. Located at a signalized intersection, the property is zoned for commercial use.
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 | $145.8k | $18.00 |
| − Vacancy | −$15.3k | −$1.89 |
| EGI | $130.5k | $16.11 |
| − OpEx | −$39.1k | −$4.83 |
| NOI | $91.3k | $11.28 |
8,100 SF · lease $18.00/SF/yr · vacancy 10.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.30M
$1.14M – $1.52M
NOI $91,344 @ 7.0% cap · market cap 4.15%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$1.70M
$1.49M – $1.99M
NOI $119,329 @ 7.0% cap · market cap 5.42%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Family Dollar
Discount Store
Similar For Sale Nearby
Similar Off Market Nearby
- Dino Designs of Baltimore — 6507 Hilltop Ave, Baltimore, MD 21206
FAQs
What type of property is this?
Storefront property - Commercial property for sale in Baltimore, MD
Where is this storefront property located?
The property is located at 3615 East Northern Pkwy Baltimore, MD.
What is the asking price?
The asking price for this property is $2,200,000.
