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Commercial Retail Building with Suites
For Sale
$600,000

5132 Park Heights Ave, Baltimore, MD 21215

Nearly 9,000 SF property offers four rentable suites ranging from 528 to 2,516 SF, with C-1 zoning.

Property Size9,044 SF
Price / SF$66.34
Days on Market52

Property Features for 5132 Park Heights Ave

General Information

Standard status Active
Size 9,044 SF
Zoning C-1

Building Details

Year Built 1924
Tenancy Multi
Listing Agency: Keller Williams Flagship
Listed By: Sam M Tanner
Source: Elkaimpropertygroup
Added: Jul 25 Changed: Sep 8 Last Checked: Sep 13 at 1:56PM

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 Keller Williams Flagship

Investment Insights

Based on property information with market context.

This nearly 10,000-square-foot commercial property is configured into four separate suites, offering flexibility for investors and owner-users. Suites range from 528 square feet to 2,516 square feet, with the existing layout supporting individual suite occupancy or combining adjoining suites for a larger footprint. The property is available for sale or lease. The building also features two multi-stall restrooms, with room to create additional shared common amenities such as an employee break room.

Zoned C-1 Neighborhood Business, the property supports a broad range of neighborhood-serving commercial uses, including retail, restaurants and carry-out, coffee shops, professional and medical offices, pharmacies, financial institutions, fitness, personal services, and other community-focused businesses. It also benefits from excellent street frontage and visibility along a heavily trafficked commercial corridor in Northwest Baltimore.

Whether you’re looking for a multi-tenant setup or a space that can be reconfigured to fit a single operator, the four-suite structure provides practical leasing options under C-1 zoning.

Key Highlights

  • Nearly 10,000 SF commercial property built in 1924, currently configured as four rentable suites.
  • Suite sizes range from 528 SF to 2,516 SF, with leasing available per suite or multiple adjoining suites.
  • Suite rent listed: Suite A 1,122 SF ($1,122/mo), Suite B 2,516 SF ($2,516/mo), Suite C 1,728 SF ($1,728/mo), Suite D 528 SF ($528/mo).

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Skin Care Clinic Accounting Firm 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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,548
Businesses Nearby

Demographics for 21215, MD

54,198
Population
24,876
Households
2.2
Avg Household Size
42
Median Age
25%
College-Educated
84%
High-School Grad
6.8 sq mi
ZIP Area
7,970
Density / Sq Mi
$47,606
Median Household Income
$37,670
Median Earnings
$1,177
Median Rent
$189,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

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
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Frequently Asked Questions

What type of property is this?
Retail space - Nearly 9,000 SF property offers four rentable suites ranging from 528 to 2,516 SF, with C-1 zoning.
Where is this retail space located?
The property is located at 5132 Park Heights Ave Baltimore, MD.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Nearly 10,000 SF commercial property built in 1924, currently configured as four rentable suites.; Suite sizes range from 528 SF to 2,516 SF, with leasing available per suite or multiple adjoining suites.; Suite rent listed: Suite A 1,122 SF ($1,122/mo), Suite B 2,516 SF ($2,516/mo), Suite C 1,728 SF ($1,728/mo), Suite D 528 SF ($528/mo).
More about this property
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