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Mixed-Use Property with Garages

501 E 43RD ST, Baltimore, MD 21212

For Sale
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The occupied commercial salon and residence are accompanied by four rented garages.

Property SizeContact for details
Days on Market17

Property Features for 501 E 43RD ST

General Information

Standard status Active
Property subtype Retail, Multifamily, Mixed Use
Occupancy 100%

Site & Location

Neighborhood Pen Lucy
Mixed-Use Components retail, residential, garage

Additional Details

Gross Income $32,880
Tenant in Place Yes

Building Details

Tenancy Multi
Listing Agency: Midfield Realty
Listed By: Yaakov Kanevsky · License MD #5012433
Source: Crexi
Added: Oct 26 Changed: Nov 8 Last Checked: Nov 10 at 8:02AM

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 Midfield Realty

Rey
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Investment Insights

Based on property information with market context.

At 501 E 43rd Street, this mixed-use property combines a commercial salon with one residential unit and four garages. All six spaces are occupied, bringing together commercial, residential, and garage uses in one property.

The property is in Baltimore’s Pen Lucy neighborhood, near the York Road commercial corridor, neighborhood retail, restaurants, and public transportation. Major commuter routes connect this part of North Baltimore with Downtown. Nearby institutions include Johns Hopkins University, MedStar Union Memorial Hospital, Loyola University Maryland, and Morgan State University.

Key Highlights

  • Fully occupied property with six rented spaces
  • Commercial salon and one residential unit
  • Four rented garages

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Salon SLay LLC Hair Salon Jasmin Badd Hair Salon

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

598
Businesses Nearby

Demographics for 21212, MD

32,317
Population
13,749
Households
2.4
Avg Household Size
39
Median Age
55%
College-Educated
91%
High-School Grad
4.6 sq mi
ZIP Area
7,025
Density / Sq Mi
$96,752
Median Household Income
$57,600
Median Earnings
$1,328
Median Rent
$357,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Mixed-use properties in Baltimore, MD

$145 Jul
$141 Aug
$155 Sep
$153 Oct

Properties on Market for Mixed-use properties in Baltimore

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Baltimore, MD

5.8% 2019
7.2% 2020
7% 2021
6.3% 2022
5.9% 2023
5.9% 2024
6.6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - The occupied commercial salon and residence are accompanied by four rented garages.
Where is this mixed-use property located?
The property is located at 501 E 43RD ST Baltimore, MD.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Fully occupied property with six rented spaces; Commercial salon and one residential unit; Four rented garages
(410) 324-6939 Call to check price and availability
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