This exceptional opportunity presents the chance to acquire a thriving, turnkey restaurant located in Baltimore's desirable Fells Point neighborhood. Baja Tap, established in 2023, boasts a modern design and state-of-the-art facilities within a 10,166 square foot space. The property features three distinct indoor dining areas, a spacious 3,000 square foot outdoor patio with a bar, a long bar, DJ booth, office, two restrooms, and ample storage. High-end equipment includes three walk-in coolers with new Trenton Brand components, a new Micromatic system, new HVAC, electrical, and plumbing, and three new CMA bar dishwashers and an ADS dual-compartment dishwasher. Over $2.5 million has been invested in construction, infrastructure, equipment, and furniture. The business is offered for sale at $50,000, subject to the buyer accepting an assignment of the existing commercial lease. The lease, commencing November 3, 2022, has a remaining term of 8.1 years with two five-year options. The property is zoned C-2 and is situated on the corner of Bond Street, offering excellent visibility and accessibility. Baja Tap's prime location near the Inner Harbor, John Hopkins Bayview Medical Center, and popular attractions ensures a consistent flow of both local and tourist clientele. The restaurant caters to a diverse customer base, offering brunch, lunch, dinner, and happy hour options, as well as private event capabilities. This is a rare chance to acquire a well-established, profitable business in a highly sought-after location with significant upside potential. Offers are due by November 25, 2024.
Highlights
Turnkey restaurant business for sale in Baltimore's desirable Fells Point neighborhood. The 10,166 square foot Baja Tap features three indoor dining areas, a 3,000 square foot patio with bar, and ample storage. The business includes high-end equipment and a modern design.
$2.5M+ invested in construction, infrastructure, equipment, and FF&E. The sale price is $50,000, subject to lease assignment.
The existing lease has 8.1 years remaining with two 5-year options. The property is C-2 zoned and enjoys excellent visibility at a Bond Street corner location.
Baja Tap offers brunch, lunch, dinner, and happy hour, catering to a diverse clientele near the Inner Harbor and John Hopkins Bayview Medical Center. The business is established and profitable, presenting significant upside potential.
Commercial real estate - Established Restaurant, Prime Location, High ROI
Where is the commercial real estate located?
The property is located at 901 Bond St Baltimore, MD.
What is the asking price?
The asking price for this property is $50,000.
What are key features of this property?
This property features: Turnkey restaurant business for sale in Baltimore's desirable Fells Point neighborhood. The 10,166 square foot Baja Tap features three indoor dining areas, a 3,000 square foot patio with bar, and ample storage. The business includes high-end equipment and a modern design.; $2.5M+ invested in construction, infrastructure, equipment, and FF&E. The sale price is $50,000, subject to lease assignment.; The existing lease has 8.1 years remaining with two 5-year options. The property is C-2 zoned and enjoys excellent visibility at a Bond Street corner location.
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Contacts
David Lowry
Stephen Karbelk
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Bond St Baltimore, MD 21231
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Bond St Baltimore, MD 21231
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901 Bond St
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