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    319 Lexington St Baltimore, MD 21201

    Sponsored
    For Lease
    Contact for pricing

    Historic Charm, Flexible Space, High Traffic

    Lot size:
    38,496 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional Baltimore retail storefront, located at 319 W Lexington St, presents a unique investment opportunity. The property boasts a prime location near Lexington Market, ensuring high visibility and foot traffic. Built in 1920, this three-story building offers a single-tenant occupancy with flexible space options ranging from 4,950 to 14,750 square feet, ideal for a variety of retail uses. The total building size is 38,496 square feet, situated on a 0.22-acre lot. The property's historic character adds significant appeal, while its adaptable layout allows for customization to meet specific business needs. Property taxes are $1.41 per square foot. This is a rare chance to acquire a well-positioned, established retail space in a vibrant Baltimore neighborhood. The building's solid construction and desirable location promise a strong return on investment. The property's size and location make it suitable for a variety of retail businesses seeking a prominent presence in a bustling urban setting. Don't miss this chance to secure a piece of Baltimore's rich commercial history. The property is conveniently located in Baltimore, MD, zip code 21201.

    Property Features for 319 Lexington St

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    38,496 SF

    Building Details

    Year Built
    1920
    Buildings
    1
    Stories
    3

    Unit(s) available at that property

    Space
    Size
    14,750 SF

    HighLights

    • Prime Baltimore retail storefront at 319 W Lexington St.
    • High visibility & foot traffic near Lexington Market.
    • Three‑story building (38,496 sq ft total), 4,950‑14,750 sq ft flexible space available.
    • 0.22‑acre lot, $1.41/sq ft property taxes.
    • Historic building with adaptable layout, ideal for various retail uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Law Firm Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Baltimore
    County
    Baltimore
    State
    Maryland
    Longitude
    -76.62052753902
    Latitude
    39.291542017715

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    FAQs

    What type of property is this?
    Individual retail property - Historic Charm, Flexible Space, High Traffic
    Where is this individual retail property located?
    The property is located at 319 Lexington St Baltimore, MD.
    What are key features of this property?
    This property features: Prime Baltimore retail storefront at 319 W Lexington St.; High visibility & foot traffic near Lexington Market.; Three-story building (38,496 sq ft total), 4,950-14,750 sq ft flexible space available.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    319 Lexington St Baltimore, MD 21201
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