About 5132 Park Heights Ave
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 one of Baltimore's fastest-growing commercial corridors.
Currently configured into four separate commercial suites, the property is available for sale or lease, providing an outstanding opportunity for both investors and businesses of varying sizes. The existing layout offers immediate occupancy with suites ranging from 528 square feet to 2,516 square feet, including Suite A (1,122 SF) offered at $1,122 per month, Suite B (2,516 SF) at $2,516 per month, Suite C (1,728 SF) at $1,728 per month, and Suite D (528 SF) at $528 per month. The flexible floor plan allows tenants to lease individual suites, multiple adjoining suites, or, for an owner-user or larger commercial occupant, reconfigure the space to accommodate a customized layout. Investors will appreciate the ability to generate diversified rental income while maintaining flexibility for future repositioning as market demand continues to grow.
The property's 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.
Featuring excellent street frontage and visibility along one of Northwest Baltimore's busiest commercial corridors, the property also includes two spacious multi-stall restrooms and the potential to create a shared employee break room or additional common amenities. Its functional layout makes it equally attractive as a multi-tenant investment property or a headquarters for a growing business seeking long-term stability in an emerging market.
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 to reshape the neighborhood, surrounding commercial properties are expected to benefit from increased consumer traffic, rising property values, stronger business activity, and sustained demand for commercial space, making this an exceptional opportunity for both ownership and leasing.l
