

5136 - 5140 Park Heights Ave, Baltimore MD 21215
Mixed Use | 6,089 SqFt
Marketing description
Incredible Opportunity in Park Heights – 4,816 SF Mixed-Use Building Zoned C-1
This expansive 4,816 square foot, two-story building offers exceptional versatility and untapped potential. Created by combining 5136 and 5138 Park Heights Avenue, the structure boasts a generous 35’ frontage and extends 80’ deep. Zoned C-1, this property allows for a wide variety of permitted uses including, but not limited to:
Child or adult day care
Home occupation or residential care facility
Place of worship
Animal clinic
Art gallery or studio
Financial institution
Health and fitness center
General office space
Personal service establishment
Retail or restaurant
Whether you’re looking to operate your business on the first floor and live upstairs, lease out the second floor, or rent both levels for income, the flexible layout supports a range of investment or owner-user strategies.
And the timing couldn’t be better—Park Heights is on the rise. The State of Maryland now owns the Pimlico Race Track and is transforming it into a year-round destination for festivals, concerts, and events. This large-scale redevelopment is expected to spark dramatic growth and revitalization in the surrounding area. Seize this opportunity to invest ahead of the curve—before prices take off.
Investment highlights
Great potential and many options! Get in on the ground floor with the anticipated transformation of this Park Heights neighborhood. With the Pimlico track renovation; adding a hotel and turning Pimlico into a year-round venue to concerts, festivals and races it is sure to improve this neighborhood and see real estate property values skyrocket. Renovate this shell as one large space; separate the lower level as commercial and upper level to be residential; restore back to the original four units: two on each level. The possibilities are endless and exciting.
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