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Marjorie Dick Stuart

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1236 W Pratt St, BALTIMORE, MD – $699,900

  • $700k Price
  • 4,332 Sqft
  • .12 Acres
  • 497 DOM
  • $700k Price
  • 4,332 Sqft
  • .12 Acres
  • 497 DOM

1236 W Pratt St

Income-producing property generating $6,706/month with an 8% cap rate, and projected to reach 10.5%+ with value-add improvements. Located on a high-traffic corner at 1234 and 1236 W Pratt St, this 4,860 sq. ft. building is fully leased to two strong tenants: King Tire and Auto Shop (10-year lease at $4,700/month through 5/31/2036) and TJ Mart convenience store (3-year lease at $2,060/month through 5/31/2028 with 3% annual increases and self-funded buildout). Two unused upper-level spaces offer additional income potential of $2,000+/month—one above the 3-bay garage, ideal for an apartment or salon, and one above the tire shop, perfect for a studio, storage, or office. Additional features include parking for 11+ vehicles, high bay ceilings, three bathrooms, zoned central air, and dual access from Pratt and Carey Streets. Positioned across from Mount Clare Junction Shopping Center and under 1.5 miles from I-95, I-395, and I-295, this two-parcel property offers stable returns today with room to grow.

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Essential Information

  • MLS® #MDBA2111524
  • Price$699,900
  • Bathrooms0.00
  • Square Footage4,332
  • Acres0.12
  • Year Built1920
  • TypeCommercial Sale
  • Sub-TypeRetail
  • StatusActive

Community Information

  • Address1236 W Pratt St
  • CityBALTIMORE
  • CountyBALTIMORE CITY-MD
  • StateMD
  • MunicipalityBaltimore City
  • Zip Code21223

Amenities

  • ParkingPaved Parking, Private

Interior

  • Heating90% Forced Air
  • CoolingCentral A/C

Exterior

  • ExteriorBrick and Siding
  • RoofRubber, Flat

School Information

  • DistrictBALTIMORE CITY PUBLIC SCHOOLS

Additional Information

  • Date ListedFebruary 6th, 2024
  • Days on Market497
  • ZoningR-8

Listing Details

  • OfficeExecuHome Realty
  • Office Contact4436323000
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Price Change History for 1236 W Pratt St, BALTIMORE, MD (MLS® #MDBA2111524)

Date Details Price Change
Price Increased (from $650,000) $699,900 $49,900 (7.68%)

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Listing information last updated on June 16th, 2025 at 11:03am CDT.