$900,000
( $286.99Per Sq Foot )
$4,831 est/mo Sourced by Back At You1400 Light St,BALTIMORE, MD 21230
BALTIMORE, MD 21230
Description
Prime Investment Opportunity in Federal Hill! Turnkey restaurant space featuring al fresco dining, a spacious main-level dining area with a full bar, and a second-floor overflow/private party room complete with a wet bar. Classic interior finishes include exposed brick, crown molding, coffered wood ceilings, and low-maintenance flooringall bathed in natural light. Fully equipped kitchen included. Current lease runs through 2029 at $7,000/month NNN. Recent appraisal at $950,000 (Feb 2025). Strong investment fundamentals with a 9.1% cap rate and 10.82% ROI. Ideal opportunity for investors seeking a stabilized asset in one of Baltimore’s most sought-after neighborhoods. Liquor license is included with the sale of the property.
Details
| MLS# | MDBA2162682 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1920 |
| Days On Site | 16 |
| Listing Provided By | VYBE Realty | Shane Ensor |
Features
| Units | 3 |
|---|---|
| Zoning | R-8* |
| Acreage | 0.03 |
| Water Front | Yes |
Market Activity 21230
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Learn More About This Property
| State | MD |
|---|---|
| County | BALTIMORE CITY MD |
| City | BALTIMORE |
| Zip Code | 21230 |
| Area | BALTIMORE CITY MD |
| School District | BALTIMORE CITY PUBLIC SCHOOLS |
| Listing VS Median (in 21230) | |
Price: $900,000 low | high Med: $264,950 On site: 16 low | high Med: 66.000000 | |
Listing Updated: April 23, 2025 at 7:36:47 PM PDT
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