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Listed by Raj Randhawa • Brexton Commerical, LLC
$999,000
Est. payment /mo
2,031 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID MDBA2217108
Year Built 1920
Annual Tax Amount $7,865
Tax Year 2026
Lot Size 2,031 Sqft
Acres 0.05
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
***FULLY OCCUPIED***24 hours notice for showings. Price reflects 8.43% CAP RATE. This double-lot commercial property is great for anyone looking to generate income. Two apartments on the 2nd & 3rd level and a restaurant on the 1st level. Both residential units are newly renovated, upscale, and are rarely vacant. Apartment A = 1 bedroom with 1.5 bathrooms. Apartment B = 2 bedrooms with 2 full bathrooms. The retail space features a restaurant with a full kitchen, large hood system, bar, dining area, and small grocery area. Tenant currently holds a Beer & Wine - Tavern Liqour License. All units separately metered. Current NOI is $84,200, with annual rental increases on retail. Contact Cody Chamberlain (showing agent) for additional information.
Location
State MD
County Baltimore City
Zoning C-1
Interior
Hot Water Natural Gas
Heating Central
Cooling Central A/C
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Septic
Water Public
New Construction N
Schools
School District Baltimore City Public Schools
Others
Tax ID 0323040950 041
Ownership Fee Simple
Acceptable Financing Cash, Contract, Conventional, Exchange
Listing Terms Cash, Contract, Conventional, Exchange
Financing Cash,Contract,Conventional,Exchange
Special Listing Condition Standard
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