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Four-Suite Neighborhood Retail Space
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5132 Park Heights Ave, Baltimore, MD 21215

C-1-zoned retail property with four commercial suites, restroom facilities, and flexible occupancy options.

Space Size300 SF - 2,516 SF
Property Size10,000 SF
Days on Market95

Property Features for 5132 Park Heights Ave

General Information

Standard status Active
Size 300 SF - 2,516 SF
Net Rentable 528 SF
Class C
Property subtype Retail
Zoning C-1

Space & Availability

Available Space 528-2,516 SF
Contiguous Space 2,516 SF
Divisible Yes
Space Use Office
Available From Immediate

Lease Terms

Monthly Rent $528-$2,516
Rent per SF/Year $12

Additional Details

Road Access Yes

Amenities

multi-stall restrooms

Building Details

Building Size 10,000 SF
Year Built 1924
Tenancy Multiple

Spaces For Lease

at 5132 Park Heights Ave Contact us

1st Floor Ste A

Size
1,122 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us

1st Floor Ste B

Size
2,516 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us

1st Floor Ste C

Size
1,776 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us

1st Floor Ste D

Size
300 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Keller Williams Flagship of Maryland
Listed By: Sam Tanner · License #MD 638462
Source: Crexi
Added: May 20 Changed: Aug 21 Last Checked: Aug 21 at 7:28AM

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 of Maryland

Investment Insights

Based on property information with market context.

This retail property at 5132 Park Heights Avenue is configured as four separate commercial suites within a nearly 10,000-square-foot building. Suite sizes range from 528 square feet to 2,516 square feet, allowing for individual occupancy, combined suites, or a reconfigured layout. The property includes two multi-stall restrooms and was built in 1924.

Zoned C-1 Neighborhood Business, the property supports a broad range of neighborhood-serving commercial uses, including retail, restaurants, professional offices, medical practices, salons, fitness studios, and personal service businesses. Its address places it within Baltimore’s Pimlico redevelopment district and along Park Heights Avenue, identified in the source information as a busy commercial corridor with street frontage and visibility.

The four-suite configuration provides a range of commercial space options, while the zoning and existing layout accommodate varied business formats. The property is located near the redevelopment of Pimlico Race Course, which includes planned racing, entertainment, hotel, residential, retail, infrastructure, and neighborhood improvements.

Key Highlights

  • Nearly 10,000‑square‑foot retail property at 5132 Park Heights Avenue
  • Four commercial suites ranging from 528 square feet to 2,516 square feet
  • C‑1 Neighborhood Business zoning supports varied commercial uses

Property Analytics

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

Yes
Paved road access
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM

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

Market

Lease Benchmarks for Baltimore, MD

$18.61 /SF/Yr
Avg Asking Price
$4.22–$23 /SF/Yr
Price Range
9,886 SF
Avg Space Size

This space is priced 36% below the average of $18.61 /SF/Yr.

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - C-1-zoned retail property with four commercial suites, restroom facilities, and flexible occupancy options.
Where is this retail space located?
The property is located at 5132 Park Heights Ave Baltimore, MD.
What are key features of this property?
This property features: Nearly 10,000‑square‑foot retail property at 5132 Park Heights Avenue; Four commercial suites ranging from 528 square feet to 2,516 square feet; C‑1 Neighborhood Business zoning supports varied commercial uses
(410) 618-2585 Call to check price and availability
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