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9,044 sqft

$600,000

5132 PARK HEIGHTS AVENUE, BALTIMORE MD, 21215

Price per sqft$66.34
Built in1924
Property size9,044 sqft
Property typeCommercial

Overview

Active

Active-bright

Listed Jul 23, 2026

Updated 38h ago

Capitalize on one of Baltimore's most exciting growth opportunities with this nearly 10,000-square-foot commercial property strategically positioned within the rapidly transforming Pimlico redevelopment district. Zoned C-1 Neighborhood Business, this versatile asset offers exceptional flexibility for investors seeking stable income potential or owner-users looking to establish a long-term presence in a high-growth market. Currently configured into four separate suites, the property can continue to accommodate multiple tenants, providing the opportunity for diversified rental income, or be reconfigured to suit a single owner-occupant or larger commercial user. The flexible layout also allows for additional demising or combining of suites to meet a wide variety of business needs. The C-1 zoning supports an extensive range of commercial uses, including retail, grocery or convenience stores, restaurants and carry-out establishments, coffee shops, bakeries, professional offices, medical and dental practices, pharmacies, financial institutions, fitness studios, salons, barber shops, day-care facilities, religious organizations, personal service businesses, art galleries, and numerous other neighborhood-serving commercial uses. The property features excellent street frontage and visibility, two spacious multi-stall restrooms, and the opportunity to incorporate a shared employee break room or additional common amenities. Its functional layout makes it well suited for both multi-tenant investment and owner-user occupancy. What truly distinguishes this property is its location just moments from the multi-billion-dollar redevelopment of Pimlico Race Course. Backed by significant investment from the State of Maryland, the area is undergoing a remarkable transformation that includes a modernized year-round racing and entertainment venue, future hotel development, new residential communities, retail expansion, public infrastructure improvements, and extensive neighborhood revitalization. As redevelopment continues, the surrounding area is expected to experience increasing property values, stronger business activity, and sustained demand for commercial space.

Additional information

MLS® ID
MDBA2224944

Interior Features

Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.11 Acres

Other Property Details

Taxes
$607
Tax Frequency
Annually
MLS provider logo

Listed by Keller Williams Flagship
Listing Contact: 4436182585 

The IDX display contains information sourced from the Bright MLS, Inc. as of 10/7/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2026 Bright MLS, Inc. all rights reserved.

Data last updated on 10/7/2026 at 3:50 AM UTC

 

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