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Executive Summary

Investor-ready mixed-use opportunity with strong upside in Baltimore! This end-of-group property has already had the heavy lifting started—**both the first-floor commercial space ( 600+ SF) and upper-level residential unit have been largely demoed and prepped**, offering a clean slate to step in, build out, and create value. The first-floor commercial space is a **shell ready for custom build-out**, ideal for office, retail, studio, or service-based use (buyer to verify zoning). The upper level offers residential potential with separate utilities, perfect for rental income or a live/work setup. Ideal for an owner-operator to live upstairs while running a business below, or for an investor to lease both units for strong cash flow. Features include a rear patio, full-height unfinished basement, and excellent visibility with easy access to major routes. A flexible value-add opportunity with real income potential—sold as-is.

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Office/Residential
Building Size
1,200 SF
Building Class
C
Year Built
1900
Price
$289,900
Price Per SF
$241.58
Percent Leased
50%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,200 SF
Building FAR
0.92
Lot Size
0.03 AC
Zoning
R-8

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 600 SF
  • Office
  • -
  • Now
Space Size Space Use Condition Available
1st Floor 600 SF Office - Now

1st Floor

Size
600 SF
Space Use
Office
Condition
-
Available
Now
Exceptionally walkable
100/100
Fairly drivable
40/100
Good public transit
70/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
6291-048
Land Assessment
$60,000
Improvements Assessment
$106,600
Total Assessment
$166,600
  • Listing ID: 39854378

  • Date on Market: 3/20/2026

  • Last Updated:

  • Address: 3209 E Lombard St, Baltimore, MD 21224

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