For Sale
$999,000

1741 Light St Baltimore, MD 21230

High-return Baltimore investment opportunity.

Overview

Added:
Dec 11, 2024
Days on market:
127
This exceptional mixed-use property at 1741 Light Street in Baltimore, Maryland, presents a lucrative investment opportunity. The 5,800 square foot building boasts a prime corner location in the vibrant Federal Hill neighborhood, currently operating at 100% occupancy with three tenants. The property is categorized as retail, with a bar as the primary subtype, and includes all fixtures, furniture, and equipment (FF&E). A significant advantage is the inclusion of a liquor license, a valuable asset for any bar operation. The asking price is $999,000, translating to a price per square foot of $172.24 and an attractive 8.50% capitalization rate. The lease structure is a Net-Net-Plus (NN+) arrangement, offering a strong return on investment for the buyer. The property's multi-tenancy structure provides diversification and enhanced income potential. Located in the 21230 zip code, this property offers a compelling combination of strong location, high occupancy, and a desirable cap rate, making it an ideal addition to any investment portfolio. This is a turnkey operation ready for immediate income generation. The property's corner location provides excellent visibility and accessibility. Serious inquiries only.

Highlights

  • Prime corner mixed-use property in Baltimore's Federal Hill neighborhood.
  • Includes all fixtures, furniture, and equipment (FF&E).
  • Liquor license included.

Property Details for 1741 Light St

Property type
Retail properties, Bars
Square Feet
5,800 SF

Location Insight

City
Baltimore
County
Baltimore
State
Maryland
Latitude
39.2696524
Longitude
-76.6115195
1741 Light St, Baltimore, Maryland

FAQs

What type of property is this?
Retail property - High-return Baltimore investment opportunity.
Where is the retail property located?
The property is located at 1741 Light St Baltimore, MD.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: Prime corner mixed-use property in Baltimore's Federal Hill neighborhood.; Includes all fixtures, furniture, and equipment (FF&E).; Liquor license included.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
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1741 Light St
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