1539 Light StBaltimore, MD 21230
- Investment properties
- 2,384 SF
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
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- 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.
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