1539 Light StBaltimore, MD 21230

  • Investment properties
  • 2,384 SF
For Lease
$28.69/SF/YR View listing

Property Details for 1539 Light St

Year built
1900
Construction
BRICK
Lot size
0.03 AC
Property size (Sq ft)
2,384 SF
Zone code
C-1
Property type
Investment properties
Property subtype
Live-work space
APN
24-03-1007 -020
APU
24031007020

Description

This exceptional 920-square-foot retail space is ideally situated at 1539 Light Street in Baltimore, Maryland, zip code 21230. The property is a single-tenant unit, perfect for a variety of uses, including nail salons, tattoo shops, or general office space. Its location within the vibrant Federal Hill neighborhood offers unparalleled access to a thriving community and a wealth of amenities. The property benefits from its proximity to the Inner Harbor, a major tourist destination, and is just steps away from popular attractions such as the Maryland Science Center, the National Aquarium, and the historic Federal Hill Park. This ensures high foot traffic and visibility for any business. The surrounding area boasts a diverse mix of national retailers and local boutiques, creating a dynamic and attractive environment for both businesses and customers. The address is easily accessible and benefits from excellent visibility along Light Street. This space presents a unique opportunity for a business seeking a high-traffic location in a desirable and established Baltimore neighborhood. The property is ready for immediate occupancy and offers a fantastic chance to establish or expand a business in a thriving area. Interested parties should inquire for lease terms and conditions.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $514,045
    6.5%
    $474,504
    7%
    $440,610
  • Comparable approach

    Method
    Valuation
    Relative Method
    $149,977
    Geo Method
    $149,977
  • Alternative Use

    Use
    Valuation
    Residential
    $588,384
    Hospitality
    $538,957
    Educational
    $448,406
    Medical
    $463,827
    Retail
    $697,520
1539 Light St, Baltimore, Maryland

Location Insight

City
Baltimore
County
Baltimore City
State
Maryland
Latitude
39.2718
Longitude
-76.6114
CBSA code
12580
CBSA name
BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$7,665
$96,000
$228,800
$324,800
-
$96,000
$228,800
$324,800

FAQs

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