111 Mercer St Baltimore, MD 21202
Established Restaurant, High ROI, NNN Lease
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 139
Highlights
- $1,350,000 asking price for this 4,460 square foot restaurant.
- Net lease investment opportunity with a 10.13% cap rate.
- 100% occupancy with a single tenant, Peter's Pour House, established in 1974.
- Located at 111 Mercer St, Baltimore, MD 21202, a short walk from the Inner Harbor and near seven hotels.
- Three-story building, built in 1905 and renovated in 2019, situated on a 1,115 square foot lot.
Property Details for 111 Mercer St
- Property type
- Retail properties, Restaurants
- Square Feet
- 4,460 SF
- Year Built/Renovated
- 1905/2019
- Buildings
- 1
- Stories
- 3
Location Insight
- City
- Baltimore
- County
- Baltimore
- State
- Maryland
- Latitude
- 39.2884051
- Longitude
- -76.6129977
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - Established Restaurant, High ROI, NNN Lease
- Where is the retail property located?
- The property is located at 111 Mercer St Baltimore, MD.
- What is the asking price?
- The asking price for this property is $1,350,000.
- What are key features of this property?
- This property features: $1,350,000 asking price for this 4,460 square foot restaurant.; Net lease investment opportunity with a 10.13% cap rate.; 100% occupancy with a single tenant, Peter's Pour House, established in 1974.
- How can I contact the broker?
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