112 Lexington St Baltimore, MD 21201-3411
Property summary
This exceptional Baltimore City property at 112 W Lexington Street offers a unique blend of retail and residential income potential. The 6,820 square foot building sits on a 0.04-acre lot and is ideally located near the intersection of Park Avenue and West Lexington Street. The ground floor comprises 1,705 square feet of retail space, currently operating as a beauty supply store, presenting a strong existing income stream or the opportunity for a new tenant. Above the retail space, a spacious 1,500 square foot, two-bedroom, two-bathroom apartment provides additional rental income. The building features a distinctive classic glass block storefront, adding to its curb appeal and character. Its prime location places it within easy walking distance of the revitalized Lexington Market and the CFG Bank Arena, ensuring high foot traffic and visibility. This presents a rare opportunity to acquire a mixed-use property in a rapidly developing area of Baltimore, offering both immediate income and significant long-term growth potential. The asking price is $429,000. The property's strategic location and versatile layout make it an attractive investment for both seasoned and new investors seeking a strong return on investment in a vibrant urban setting. This is a turnkey opportunity with immediate income generation.
Property profile
VerifiedCap rate & NOI
Current use
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Cosmetic Store
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Restaurant
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Restaurant
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Restaurant
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
C-5DC · Baltimore, MDZoning
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Zoning designation
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The district profile from the municipal source: what is on file for C-5DC in Baltimore, MD.
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