Description
Incredible Opportunity in Park Heights – 4,816 SF Mixed-Use Building Zoned C-1This 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.
Description
Incredible Opportunity in Park Heights – 4,816 SF Mixed-Use Building Zoned C-1This 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.
©2026 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or McClain-Williamson Realty, LLC.. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2026-05-14T08:56:43.37.
