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3209 E Lombard St 1,200 SF 50% Leased Office Building Baltimore, MD 21224 $289,900 ($241.58/SF)

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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

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
Build-Out
Available

1st Floor
600 SF
Office
-
Now

First-floor commercial space offering approximately 600+ square feet with a flexible and functional layout. The space features a large open main area, a separate private room, and a full bathroom, with the potential to add a kitchenette, subject to tenant needs and approvals. The adaptable configuration may accommodate a variety of potential commercial uses including retail, office, studio, professional services, wellness, or creative workspace subject to zoning, permitting, and tenant due diligence. The owner is open to collaborating with the tenant on a custom build-out, allowing the space to be tailored to specific business requirements. Conveniently located with good visibility and accessibility, making it well-suited for businesses seeking a street-level presence. A versatile commercial opportunity in a desirable area with flexible potential.