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Investment Highlights

  • Rare Control of Approximately ¾ of an Entire City Block
  • Delivered Fully Vacant with Flexible Use Potential
  • Portfolio Structure with Additional Development Lots

Executive Summary

A rare opportunity to acquire a mixed-use portfolio controlling approximately three-quarters of a city block along Baltimore’s West North Avenue corridor, including a like-new commercial building and four additional development lots with permits in place.
Investment Highlights:
-Rare Portfolio Controlling Approximately ¾ of an Entire City Block
-Newer Construction Commercial Building
-4 Additional Development Lots Included
-Permits in Place for Retail, Office, or Residential Development
-Delivered Fully Vacant – Immediate Repositioning Opportunity
-High Visibility Along Major Baltimore Corridor
-Opportunity for Owner-User, Developer, or Investment Group
-Optional Purchase of Full Commercial Kitchen Equipment
This offering represents a rare opportunity to acquire a mixed-use commercial portfolio controlling approximately three-quarters of a city block along West North Avenue, one of Baltimore City’s key commercial corridors. The primary building features like-new construction with modern infrastructure, allowing immediate occupancy or repositioning for a variety of commercial uses including:
-Restaurant or food hall
-Retail storefront
-Professional offices
-Mixed-use residential conversion
-Community or cultural venue
In addition to the primary structure, the portfolio includes four additional shell lots providing significant development upside for retail expansion, residential units, office space, or mixed-use redevelopment. Properties offering block-scale control in Baltimore City are extremely rare. This portfolio allows an investor or developer to control a substantial footprint of a major urban corridor, enabling:
-Phased development strategy
-Mixed-use project expansion
-Retail corridor activation
-Multi-building assemblage
With city permits already secured for retail, office, or residential development, the project is positioned for immediate execution. The property can be delivered:
-Option 1 — Fully Vacant Shell
Ideal for developers or investors planning repositioning.
-Option 2 — Turnkey Restaurant Opportunity
Buyer may negotiate acquisition of full commercial kitchen equipment, including:
Commercial cooking line
Ventilation hood systems
Food preparation stations
Refrigeration equipment
Restaurant infrastructure
This creates the opportunity for a turnkey hospitality concept, food hall, or multi-tenant culinary incubator.
Included with the portfolio are four additional shell development lots that significantly enhance the long-term value of the offering.
Potential uses include:
-Retail expansion
-Residential apartments or townhomes
-Office suites
-Mixed-use development
-Community commercial concepts
Developers can pursue phased redevelopment strategies while activating the existing building.
The property is located along West North Avenue, a highly visible east-west corridor connecting several major Baltimore neighborhoods and redevelopment initiatives. Nearby institutions and economic anchors include:
-Johns Hopkins University
-Baltimore City Community College
-Coppin State University
The surrounding area continues to experience public and private redevelopment investment, creating strong long-term upside for mixed-use projects.

Taxes & Operating Expenses (Actual - 2025) Click Here to Access

Annual
Gross Rental Income $99,999
Other Income -
Vacancy Loss -
Effective Gross Income $99,999
Taxes -
Operating Expenses -
Total Expenses $99,999
Net Operating Income $99,999

Taxes & Operating Expenses (Actual - 2025) Click Here to Access

Gross Rental Income
Annual $99,999
Other Income
Annual -
Vacancy Loss
Annual -
Effective Gross Income
Annual $99,999
Taxes
Annual -
Operating Expenses
Annual -
Total Expenses
Annual $99,999
Net Operating Income
Annual $99,999

Property Facts

Price $2,299,999
Price / SF $118.24 / SF
Sale Conditions
Bulk/Portfolio Sale
  • High Vacancy Property
  • Redevelopment Project
  • Building in Shell Condition
Cap Rate 5.77%
Sale Type Investment or Owner User
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 19,452 SF
Total Land Area 0.79 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
Building A
2132 W North Ave, Baltimore, MD 21217
Flex 12,252 SF 1965 -
Building B
2132 W North Ave, Baltimore, MD 21217
Retail 7,200 SF 1965 -
Show More > < Show Less
  • Listing ID: 39763480

  • Date on Market: 3/13/2026

  • Last Updated:

  • Address: Rare ¾ City Block Mixed-Use Portfolio, Baltimore, MD

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