112 Lexington St Baltimore, MD 21201
- Retail space
- 5,115 SF
- 0.04 lot acres
Current Use by Public Records
- Lexington Beauty Supply / Cosmetics Store / Beauty Supply Store
- Phaze 10 / Restaurant
- Next Phaze Events / Restaurant
- Next Phaze Cafe / Restaurant / Takeout Restaurant
Property Details for 112 Lexington St
- Year built
- 1920
- Construction
- BRICK
- Lot size
- 0.04 lot acres
- Property size
- 5,115 SF
- Zone code
- C-5DC
- Property type
- Retail space
- APN
- 04-10-0600 -006
- APU
- 4100600006
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Baltimore
- County
- Baltimore City
- State
- Maryland
- Longitude
- -76.6177
- Latitude
- 39.2918
- CBSA code
- 12580
- CBSA name
- BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA