Property profile

3907 Eastern Ave Baltimore, MD 21224

FOR LEASE
Office buildings
Property ID
US40-1173801
4,680 SF 0.08 ac lot Built 1920
Entity Owned 2-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional turn-key beauty supply store, situated in the vibrant Highlandtown Arts district, presents a unique investment opportunity. The property boasts a prime location within a thriving artistic community, ensuring high foot traffic and a strong customer base. The store itself is beautifully appointed, having undergone a complete renovation in 2020. The two-story building offers ample space for inventory, displays, and customer service. The property includes two convenient parking spaces, a significant advantage in a bustling urban area. The absence of elevators is not a limiting factor given the two-story configuration. This single-tenancy retail space is ideal for a beauty supply business owner seeking to establish or expand their presence in a desirable neighborhood. The current business is available for sale, offering a seamless transition for a new owner. Alternatively, the property is also available for sub-tenancy, providing flexibility for interested parties. This is a rare opportunity to acquire a well-established business in a highly sought-after location. The combination of a renovated building, strong location, and existing clientele makes this a truly compelling investment. Serious inquiries are encouraged to explore this exceptional opportunity further.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1920
Construction BRICK
Total area 4,680 SF
Lot 0.08 ac (3,640 SF)
Zoning code C-1
APN 26-10-6426 -012
UPID US40-1173801

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Law Firm
  • (Bike/Boat/Book/etc) Store Cosmetic Store

Location

3907 Eastern Ave Baltimore, MD 21224
Baltimore metro Census 260900 BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$764k
Blend (final) Blend
$325k

Owner & transaction history

since 2024
6 recorded transactions
2024
Price N/A
2023
Price N/A
2023
Price N/A
2019
Price N/A
2018
$300,000
2011
$350,000

Zoning & alternative use

C-1 · Baltimore, MD
Zoning description

ermitted and Conditional Uses Table 9-401 Rowhouse and Multi-Family Residential Districts - Bulk and Yard Regulations Table 10-301 Commercial Districts - Permitted and Conditional Uses Table 10-401 Commercial Districts (…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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