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317-319 Park Ave
Baltimore, MD 21201
Retail Property For Sale


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.
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
Property Taxes
| Parcel Number | 0579-001 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $316,633 |
Property Taxes
Parcel Number
0579-001
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$316,633
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