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$225,000
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Property 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.
Full Property Details
Full Property Details for 5136 Park Heights Ave
General
- Price: $225,000
- Taxes: $2,868 (2025)
- Status: Active
- Type: Retail
- Source: BrightMLSMidAtlantic
- MLS ID: MDBA2203250
- Updated: 6/13/2026
- Added to Site: 146 day(s) ago
Business
- Business Type: Other/General Retail
Interior
- Flooring: Wood
Parking
- Parking Type: On Street
Location
- Municipality: Baltimore City
- County: BALTIMORE CITY
- Driving Directions: GPS
- City Limits: Yes
Heating & Cooling
- Cooling Type: None
- Heating Type: Heat Pump(s)
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Brick, Brick Front, Brick Veneer
- Roof: Flat
- Building Size: 4816
- Year Built: 1924
- Year Built Source: Assessor
- Property Condition: Below Average
Unit Information
- # Tenants: Single
- Other Units: Unit 1, Unit 1, Unit 1, Unit 1, Unit 1
Lot Features
- Lot Size (Acres): 0.14
- Lot Size (Sq. Ft.): 5,985
- Lot Size Source: Assessor
- Zoning: C-1
Financial Considerations
- Price Per Sq. Ft.: $46.72
- Ground Rent: $600
- Assessment Year: 2025
- City/TownTax: $2,732
- City/TownTax Freq: Annually
- County Tax: $136
- County Tax Freq: Annually
- Tax w/Assessment: $121,533
- Tax Amount: $2,868
- Tax Year: 2025
Disclosures and Reports
- Ownership: Ground Rent
- Lot Number: 12
Listed by Keller Williams Flagship, Sam M Tanner
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Schools
Schools serving 5136 Park Heights Ave
School District:Baltimore City Public Schools
| Name | Grades | Distance |
|---|---|---|
Pimlico Elementary School 4849 Pimlico Road, Baltimore, MD 21215 | PK-8 | 0.4 mi |
Connexions Community Leadership Academy 2801 North Dukeland Street, Baltimore, MD 21216 | 6-12 | 2.3 mi |
Academy For College And Career Exploration 1300 West 36th Street, Baltimore, MD 21211 | 6-12 | 2.4 mi |
K.A.S.A. (Knowledge And Success Academy) 2000 Edgewood Street, Baltimore, MD 21216 | 6-12 | 2.7 mi |
Forest Park High School, Baltimore, MD 3701 Eldorado Avenue, Baltimore, MD 21207 | 9-12 | 1.3 mi |
Baltimore Polytechnic Institute 1400 West Cold Spring Lane, Baltimore, MD 21209 | 9-12 | 1.7 mi |
Western High School 4600 Falls Road, Baltimore, MD 21209 | 9-12 | 1.8 mi |
Bluford Drew Jemison Stem Academy West 1500 Harlem Avenue, Baltimore, MD 21217 | 6-12 | 4 mi |
Booker T. Washington Middle School 1301 McCulloh Street, Baltimore, MD 21217 | 6-8 | 4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5136 Park Heights Ave
Date
Details
Price
Change
Source
2/13/2026
Listed
$225,000
620.6%
MLS
6/27/2025
Sold
$31,224
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5136 Park Heights Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,855
1%
$121,533
1%
2023
$2,839
—
$120,300
—
2022
$2,839
-3%
$120,300
-3%
2021
$2,938
—
$124,500
—
2020
$2,924
-17%
$124,500
-16%
2019
$3,507
24%
$148,600
24%
2018
$2,825
32%
$119,700
32%
2017
$2,143
47%
$90,800
47%
2016
$1,454
—
$61,900
—
2015
$1,461
-9%
$61,900
-8%
2013
$1,606
—
$67,500
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5136 Park Heights Ave
5136 Park Heights Avenue, Baltimore, MD 21215 (MLS# MDBA2203250) is a Retail property. 5136 Park Heights Avenue is currently listed for $225,000 and was received on February 13, 2026. Want to learn more about 5136 Park Heights Avenue? Do you have questions about finding other Retail real estate for sale in Baltimore? You can browse all Baltimore real estate or contact a Coldwell Banker agent to request more information.

