Simon Overmiller Team

Realtor
License# RS333462

5132 PARK HEIGHTS AVENUE, Baltimore, MD 21215

 (Sold on )

$600,000

  • Open House
  • New Listing
  • Price Reduced
  • Active
-1 More Schedule
  • 0 BedroomBeds
  • 0 BathroomBaths
  • Sqft
  • 0Acres
  • CommercialType
  • MDBA2224944MLS#
-1 More Schedule

Property Description

Capitalize on one of Baltimore's most exciting growth opportunities with this nearly 10,000-square-foot commercial property strategically positioned within the rapidly transforming Pimlico redevelopment district. Zoned C-1 Neighborhood Business, this versatile asset offers exceptional flexibility for investors seeking stable income potential or owner-users looking to establish a long-term presence in a high-growth market. Currently configured into four separate suites, the property can continue to accommodate multiple tenants, providing the opportunity for diversified rental income, or be reconfigured to suit a single owner-occupant or larger commercial user. The flexible layout also allows for additional demising or combining of suites to meet a wide variety of business needs. The C-1 zoning supports an extensive range of commercial uses, including retail, grocery or convenience stores, restaurants and carry-out establishments, coffee shops, bakeries, professional offices, medical and dental practices, pharmacies, financial institutions, fitness studios, salons, barber shops, day-care facilities, religious organizations, personal service businesses, art galleries, and numerous other neighborhood-serving commercial uses. The property features excellent street frontage and visibility, two spacious multi-stall restrooms, and the opportunity to incorporate a shared employee break room or additional common amenities. Its functional layout makes it well suited for both multi-tenant investment and owner-user occupancy. What truly distinguishes this property is its location just moments from the multi-billion-dollar redevelopment of Pimlico Race Course. Backed by significant investment from the State of Maryland, the area is undergoing a remarkable transformation that includes a modernized year-round racing and entertainment venue, future hotel development, new residential communities, retail expansion, public infrastructure improvements, and extensive neighborhood revitalization. As redevelopment continues, the surrounding area is expected to experience increasing property values, stronger business activity, and sustained demand for commercial space.

Property Videos And Tours

Additional Virtual Tour

Property Details 5132 PARK HEIGHTS AVENUE, BALTIMORE, MD 21215

Facts & Features

  • MLS #: MDBA2224944
  • Status: Active
  • Date Listed: 07/23/2026
  • Type: Commercial
  • Sub Type: Retail
  • Year Built: 1924
  • Price: $600,000
  • Acres: 0.11
  • County: Baltimore City

Amenities

  • Waterfront Type: Public

Interior

  • Heating: Central
  • Cooling: Central A/C

Exterior

  • Construction: Brick Front

Schools

  • School District: Baltimore City Public Schools

Additional Information

  • Zoning: C-1

Tax Information

  • Tax: $607

Output format
 

Estimated Monthly Mortgage Calculator

This calculator is provided for informational purposes only by Burrow Services, Inc. You should not make any decisions based simply on the information provided. Values indicated are estimates and may not be accurate and are only to be used as a guide. This calculator should not be relied upon in any way as the sole source of information. Please consult your financial, tax or legal advisers for an accurate assessment of your mortgage payments and any advice relating to your personal circumstances.