3215 Eastern Ave Baltimore, MD 21224-4011
- Investment properties
- 1,546 SF
- 0.03 lot acres
Current Use by Public Records
- Investment properties
Property Details for 3215 Eastern Ave
- Year built
- 1910
- Construction
- BRICK
- Lot size
- 0.03 lot acres
- Property size
- 1,546 SF
- Zone code
- C-1
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 26-11-6421 -008
- APU
- 26116421008
Description
This exceptional 1,250 square foot commercial space at 3215 Eastern Avenue in Baltimore, Maryland, is available for lease. Located in the desirable Highlandtown Main Street/Canton area, this property boasts 26 feet of frontage on Eastern Avenue. Completely renovated in 2024, the space offers a blank canvas for a variety of uses, including retail, restaurant, or office. The interior is currently a shell, providing the opportunity for a build-to-suit arrangement to perfectly meet your business needs. The renovation includes new electrical, plumbing, and mechanical systems. The high ceilings, measuring 18 feet, create a spacious and impressive atmosphere. The property is zoned C-1, allowing for flexibility in its use. The owners are actively involved and supportive, offering assistance with liquor licensing, grant applications, and connecting tenants with valuable community resources. Both single-phase and three-phase power are available, catering to diverse operational requirements. This is a unique opportunity to establish your business in a vibrant and rapidly developing area of Baltimore. Don't miss out on this chance to secure a prime location with a supportive ownership team.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $215,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $170,000
- 6.5%
- $160,000
- 7%
- $165,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $180,000
- Geo Method
- $160,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $135,000
- Retail
- $135,000
- Mixed-Use
- $170,000
- Hospitality
- $145,000
- Educational
- $180,000
- Residential Income
- $130,000
- Energy
- $150,000
- Income-Based Land
- $150,000
- Food Service
- $180,000
Location Insight
- Map
- Local Demand
- City
- Baltimore
- County
- Baltimore City
- State
- Maryland
- Longitude
- -76.571
- Latitude
- 39.2862
- CBSA code
- 12580
- CBSA name
- BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA