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Investment Highlights

  • Mixed-use property featuring ground-floor commercial space and apartments.
  • Diversified income potential from residential and commercial tenancy.
  • Street-level commercial frontage provides visibility along Park Avenue.
  • Located within Baltimore's established Mount Vernon neighborhood.
  • Walkable location near Downtown Baltimore and regional transit options.
  • Proximity to employment centers, dining, cultural venues, and services.

Executive Summary

317 & 319 Park Avenue presents an opportunity to acquire a mixed-use asset in the heart of Baltimore's Mount Vernon district, combining street-level commercial space with residential apartments. The property's mixed-income profile offers investors the potential benefit of diversified revenue streams through both commercial and multifamily tenancy within a single asset.
Located along Park Avenue, the property is positioned within one of Baltimore's most established urban neighborhoods, known for its historic architecture, cultural institutions, restaurants, and proximity to major employment centers. The location provides convenient access to Downtown Baltimore, the Central Business District, Penn Station, and multiple transportation corridors, supporting demand from both residents and commercial occupants.
The ground-floor commercial component offers visibility and pedestrian exposure along a well-traveled corridor, while the residential units benefit from the neighborhood's walkable environment and access to nearby amenities. The combination of residential occupancy and commercial frontage creates flexibility for investors seeking an asset that can serve a variety of long-term ownership strategies.
Mixed-use properties in urban infill locations continue to attract attention from investors seeking stable cash flow, multiple tenant sources, and potential future value enhancement opportunities. With eight apartments and a commercial storefront component, 317 & 319 Park Avenue offers a blend of residential and commercial uses within a centrally located Baltimore asset positioned near major cultural, employment, and transportation destinations.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
7,641 SF
Building Class
C
Year Built
1940
Price
$500,000
Price Per SF
$65.44
Tenancy
Single
Building Height
3 Stories
Slab To Slab
10’
Building FAR
6.02
Lot Size
0.03 AC
Opportunity Zone
Yes
Zoning
B042
Parking
5 Spaces (0.65 Spaces per 1,000 SF Leased)
Frontage
32’ on Park Ave
Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
100/100
Moderately bikeable
60/100

Nearby Major Retailers

Bank of America
Planet Fitness
PNC Bank
Wells Fargo Advisors
Chase
Cosi
Kona Grill
The Cheesecake Factory
The Halal Guys
The Capital Grille

Property Taxes

Property Taxes

Parcel Number
0579-001
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$316,633
  • Listing ID: 41476267

  • Date on Market: 7/29/2026

  • Last Updated:

  • Address: 317-319 Park Ave, Baltimore, MD 21201

Contact the Sale Advisor

317-319 Park Ave

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